ACREC sells NC office property for $64 million
Ares Commercial Real Estate Corp sold a North Carolina office portfolio for $64 million. The portfolio was acquired via foreclosure in 2024 and was classified as held for sale for one year. The filing includes unaudited pro forma financial statements.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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