Home News Releases Ares Commercial Real Estate Corporation to Sell Its Mortgage Banking Subsidiary ACRE Capital to Cornerstone Real Estate Advisers

News Releases

Ares Commercial Real Estate Corporation to Sell Its Mortgage Banking Subsidiary ACRE Capital to Cornerstone Real Estate Advisers

publisher2June 30, 20163 Mins read465

Purchase Price of $93 Million Results in Substantial Gain and Return on Investment Capital to be Redeployed in Principal Lending Business and Expected to be Accretive to Earnings NEW YORK--Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it has entered into a definitive agreement to sell its wholly owned mortgage banking subsidiary, ACRE Capital […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Previous post Tennessee Pension Fund to Buy Industrial Assets in San Francisco and Seattle

Next post RealtyShares Finds New Chief Product Officer In Tech Expert Simon Morris

News Releases

Cordillera Homes Completes Concrete Core, Begins Framing at Kirkland’s First New Condos in Decades

Completion of Concrete Structure and Start of Wood Framing Mark Significant Progress...

ByThe RegistryAugust 23, 2026

News Releases

34-Unit Crown Point Apartments Trades for $4.78MM in Southeast Portland

HFO Investment Real Estate closes sale in Southeast Portland PORTLAND, Ore. HFO...

ByThe RegistryAugust 22, 2026

News Releases

Goldman Sachs Announces Agreement to Acquire LCN Capital Partners

Leading independent triple net lease (NNN) platform across North America and Europe...

ByThe RegistryAugust 18, 2026

yu-gui-gI1kLppba9k-unsplash-seattle park

Commercial Industry News Leasing News Releases

Davis Wright Tremaine Renews 112,000 SQFT Lease at BXP’s Madison Centre in Seattle

Long-Term Renewal in DWT’s Founding City SEATTLE – BXP (NYSE: BXP), the...

ByThe RegistryJuly 30, 2026

Ares Commercial Real Estate Corporation to Sell Its Mortgage Banking Subsidiary ACRE Capital to Cornerstone Real Estate Advisers

2026 Pacific Northwest CRE Rising Stars

Featured Posts

Wells Fargo’s Higher Rate Floor Tests Northwest Housing as Data Centers and Power Drive Construction

Recent Posts

Quarterra Plans 300-Unit Apartment Project at Former FOX 13 Site in Seattle’s South Lake Union

BNBuilders, Miller Hull Break Ground on $37MM Snohomish Fire Stations

Starbird Chicken Signs 17-Unit Washington Franchise Deal with Former Jack in the Box Operator

Wells Fargo’s Higher Rate Floor Tests Northwest Housing as Data Centers and Power Drive Construction

Down Syndrome Community of Puget Sound Acquires 16,000 SQFT Continental Building in Bellevue for $7.3MM

Cordillera Homes Completes Concrete Core, Begins Framing at Kirkland’s First New Condos in Decades

34-Unit Crown Point Apartments Trades for $4.78MM in Southeast Portland

Goldman Sachs Announces Agreement to Acquire LCN Capital Partners

Davis Wright Tremaine Renews 112,000 SQFT Lease at BXP’s Madison Centre in Seattle

Most Read

South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy

Everwild Nordic Spas Hunts Washington Sites, Targeting 80,000 SQFT Urban Buildings and 5-Acre Parcels

Oregon Joins a Faster-Growing Inland West on Paper, With Portland Weighing Down the Average

Editor's Picks

South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy

Everwild Nordic Spas Hunts Washington Sites, Targeting 80,000 SQFT Urban Buildings and 5-Acre Parcels

Oregon Joins a Faster-Growing Inland West on Paper, With Portland Weighing Down the Average

Ares Commercial Real Estate Corporation to Sell Its Mortgage Banking Subsidiary ACRE Capital to Cornerstone Real Estate Advisers

2026 Pacific Northwest CRE Rising Stars

Featured Posts

Daily Newsletter Sign-Up

Thank you!

Recent Posts

Most Read

Editor's Picks