The company cut its quarterly dividend to 15 cents per share and reduced risk-rated loans and office exposure.
Ares Commercial Real Estate shares were lower after the company reduced its dividend to 15 cents a share from 25 cents. The stock declined 12% to $5.34 Wednesday and is down about 9% this year. Based ...
Ares took a loss in Q4, but reduced the outstanding principal of its higher-risk loans by $182M for the 2024 fiscal year.
Cain International (“Cain”) and Ares Management Credit funds (“Ares”) have together entered exclusivity to acquire a ...
Although a niche strategy, the role of real estate secondaries has been increasingly recognized in addressing funding and exit challenges.
Mirae Asset Global Investments Co. Ltd. increased its position in Ares Capital Co. (NASDAQ:ARCC – Free Report) by 27.9% during the 4th quarter, Holdings Channel reports. The institutional investor ...
Ares Capital boasts impressive long-term total returns and consistent NAV per share growth. Read more to see why I'm neutral ...
Kipp deVeer, Co-President of Ares Management Corp (NYSE:ARES), recently sold shares worth approximately $14.9 million. The transactions, executed on February 6, involved the sale of a total of 79,933 ...
Brian Duperreault’s return to the reinsurance stage is official with the launch this week of Bermudian-based Mereo Insurance ...