{"id":787550,"date":"2022-05-19T08:03:02","date_gmt":"2022-05-19T06:03:02","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/ares-commercial-real-estate-corporation-announces-pricing-of-offering-of-common-stock\/"},"modified":"2023-07-10T19:47:48","modified_gmt":"2023-07-10T17:47:48","slug":"ares-commercial-real-estate-corporation-announces-pricing-of-offering-of-common-stock","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/ares-commercial-real-estate-corporation-announces-pricing-of-offering-of-common-stock\/","title":{"rendered":"Ares Commercial Real Estate Corporation Announces Pricing of Offering of Common Stock"},"content":{"rendered":"NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the \u201cCompany\u201d) (NYSE:ACRE) announced today the pricing of an underwritten public offering of 7,000,000 shares of common stock for total estimated gross proceeds of approximately $104.7 million. The Company has also granted the underwriters of the offering an option to purchase up to 1,050,000 additional shares of common stock.\n\n\n\nThe Company intends to use all of the net proceeds from the offering for general corporate purposes, including (i) investing in mortgage loans and other target assets and investments consistent with its investment strategies and investment guidelines (ii) funding commitments on existing mortgage loans and (iii) repaying indebtedness.\n\n\nMorgan S
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NEW YORK–(BUSINESS WIRE)–Ares Commercial Real Estate Corporation (the \u201cCompany\u201d) (NYSE:ACRE) announced today the pricing of an underwritten public offering of 7,000,000 shares of common stock for total estimated gross proceeds of approximately $104.7 million. The Company has also granted the underwriters of the offering an option to purchase up to 1,050,000 additional shares of common […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-787550","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nAres Commercial Real Estate Corporation Announces Pricing of Offering of Common Stock - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/ares-commercial-real-estate-corporation-announces-pricing-of-offering-of-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ares Commercial Real Estate Corporation Announces Pricing of Offering of Common Stock - BeBeez\" \/>\n<meta property=\"og:description\" content=\"NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the \u201cCompany\u201d) (NYSE:ACRE) announced today the pricing of an underwritten public offering of 7,000,000 shares of common stock for total estimated gross proceeds of approximately $104.7 million. 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