Comments are closed. Shares of ACRE opened at $14.69 on Tuesday. The firm's 50 day moving average is $14.73 and its 200-day moving average is $15.16. The stock has a market capitalization of $690.46 million, a P/E ratio of 9.66 and a beta of ares real estate fund: 1.30. The company has a debt-to-equity ratio of 2.55, a current ratio https://www.dreamwandz.com/community/profile/elkesuffolk1473/, of 0.33 and a quick ratio of 0.33. Ares Commercial Real Estate has a 12-month low of $11.32 and a 12-month high of $16.98. Ares, a global alternative investment giant with roughly $165 billion of assets under management, oversees about $14 billion of real estate assets. In June of last year, funds managed by Ares affiliates partnered with Douglaston Development on 601 W. 29th St., a 58-story residential tower in Manhattan’s Hudson Yards neighborhood.
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