Ares Commercial Real Estate Corporation announces new loan closings

Ares Commercial Real Estate Corporation announces new loan closings
14/09/2016 , by , in INTERNATIONAL

Ares Commercial Real Estate Corporation announced that it provided $135 million in floating rate, senior loan commitments to finance two multifamily consisting of more than 1,000 units in Orlando, Florida. With closing of this loans, ACRE has originated more than $290 million of senior loan commitments.

“Our ability to provide tailored financings to support our clients’ business plans underscores our value proposition and our ability to provide strong returns for our investors,” said John Jardine, CEO of ACRE.

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