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Real Estate M&A image Real Estate M&A » By The Online Investor Staff, updated Sat., Feb. 29, 2:24 AM Recent mergers and acquisitions in the Real Estate M&A category.

Slide #47. Ares Commercial Real Estate Corporation Alliant Capital LLC

Acquirer: Ares Commercial Real Estate Corporation (NYSE:ACRE)
Acquiree: Alliant Capital LLC
Details: Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it has closed its previously announced acquisition of EF&A Funding, L.L.C, d/b/a Alliant Capital LLC, for approximately $61 million through a combination of $52.9 million in cash and the issuance of 588,235 shares of ACRE stock with a value of $7.4 million based on the closing price of ACRE's common stock on August 30, 2013 of $12.65. Alliant Capital LLC is a financial services company focused on originating and servicing multi-family loans for various Government and Government-Sponsored Entities ("GSEs"), primarily through the Fannie Mae Delegated Underwriting and Servicing (DUS) program.

Ares Commercial Real Estate is a holding company. Through its subsidiaries, Co. is a finance company primarily engaged in originating and investing in commercial real estate loans and related investments. Through Ares Commercial Real Estate Management LLC, an investment adviser and a subsidiary of Ares Management Corporation, it has investment personnel located across the U.S. and Europe who directly source new loan opportunities for Co. with owners, operators and sponsors of commercial real estate (CRE) properties. Co.'s target investments primarily include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investment opportunities.

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Company Name: 
Ares Commercial Real Estate Corp
Number of ETFs Holding ACRE: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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Hold (2.00 out of 4)
7th percentile
(ranked lower than approx. 93% of all stocks covered)
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Real Estate M&A - Slide 47 of 91 Page |

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