Ares Commercial Real Estate Corporation Announces Launch of Offering of Common Stock

Author's Avatar
May 17, 2022

Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE, Financial) announced today the launch of an underwritten public offering of 7,000,000 shares of common stock. The Company expects to grant to the underwriters of the offering an option to purchase up to 1,050,000 additional shares of common stock.