Is Ares Commercial Real Estate a REIT?
Is Ares Commercial Real Estate a REIT?
Ares Commercial Real Estate Corporation (“ACRE”) is a publicly traded specialty finance company and real estate investment trust (“REIT”) (NYSE: ACRE).
Who owns Black Creek?
Black Creek is a privately owned company located in Toronto (Ontario, Canada), founded in 2004 by Bill Kanko after leaving his position as Senior Vice President with AIM Trimark. In October 2017, Black Creek Investment Management Inc. purchased 4,889,079 Shares of ICICI Bank Limited (IBN).
Is Ares a hedge fund?
Ares Management Corp (NYSE:ARES) was in 22 hedge funds’ portfolios at the end of the third quarter of 2021. The all time high for this statistic was previously 20.
Is Ares Management publicly traded?
Ares became a publicly traded partnership in May 2014. Its common shares trade on the New York Stock Exchange under the ticker symbol “ARES.”
Is Ares Management a REIT?
Ares Commercial Real Estate Corporation (“ACRE”) (NYSE: ACRE) is a Real Estate Investment Trust managed by Ares Commercial Real Estate Management LLC (“ACREM”), a subsidiary of Ares Management Corporation (NYSE: ARES) (“Ares”) a leading global alternative investment manager with approximately $325 billion of assets …
How much did Black Creek sell for?
Black Creek Industrial REIT IV, a fund now managed by Ares Management Corporation (NYSE: ARES) following its acquisition of Denver-based Black Creek Group in early July, has purchased 48 industrial properties from affiliates of Prologis Inc. (NYSE: PLD) for roughly $920 million, the companies announced Wednesday.
Did Ares Buy Black Creek?
Century City-based alternative asset manager Ares Management Corp. has completed its purchase of Black Creek Group’s U.S. real estate investment advisory and distribution business.
Is Ares Capital A Good investment?
Ares Capital’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.
Is Ares a good company?
Is Ares Management a good company to work for? Ares Management has an overall rating of 4.0 out of 5, based on over 223 reviews left anonymously by employees. 75% of employees would recommend working at Ares Management to a friend and 79% have a positive outlook for the business.
How much did Ares pay for Black Creek?
in a $1.1 billion deal. The deal boosted Ares’ assets under management by 9.4% to $215.7 billion and total employees by 10% to 1,600. Landmark is one of the largest investors in secondary private equity funds with an ownership stake in the alternative asset management industry.
Is acre a good buy?
The financial health and growth prospects of ACRE, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
Who acquired Black Creek?
Ares Management Corporation
Black Creek Industrial REIT IV, a fund now managed by Ares Management Corporation (NYSE: ARES) following its acquisition of Denver-based Black Creek Group in early July, has purchased 48 industrial properties from affiliates of Prologis Inc. (NYSE: PLD) for roughly $920 million, the companies announced Wednesday.
Should I invest in Ares?
Ares Management has received a consensus rating of Moderate Buy. The company’s average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.
Is Ares Capital A Good Investment?
Why Ares real estate group?
Experienced Leadership. Investment Discipline. Dependable Partner. Ares Management Corporation’s Real Estate Group manages comprehensive public and private, equity and debt strategies, with approximately $41.2 billion of assets under management as of December 31, 2021.
How many assets does Ares manage?
Ares Management Corporation’s Real Estate Group manages comprehensive public and private, equity and debt strategies, with approximately $41.2 billion of assets under management as of December 31, 2021.
What are the risks of investing in Ares real estate income trust?
Investing in shares of Ares Real Estate Income Trust Inc. (“AREIT”) involves a high degree of risk, including the risk that payment of distributions is uncertain and cannot be guaranteed, the risk that an investment in AREIT is not liquid, and the risk that stockholders may lose the entire amount of their investment.