Ares Commercial (NYSE: ACRE) extends Morgan Stanley credit facility to 2029 and lifts capacity

2026-04-04 05:22:18

Abstract generation in progress

Ares Commercial Real Estate Corporation has amended its credit facility with Morgan Stanley, extending the maturity date to July 16, 2029, and increasing the commitment from $250 million to $350 million. An accordion provision allows for a further increase of $50 million, boosting the total potential capacity to $400 million. This move is expected to support the company’s stability by providing longer-term and larger secured funding for loan origination and holdings.

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