Ares Commercial Real Estate Corporation Closes $36 Million Financing

Ares Commercial Real Estate Corporation Closes Million Financing
CHICAGO — Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it closed a $ 36 million first mortgage loan commitment collateralized by a Class A office building located in Cincinnati's central business district. The transaction …
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Bill Miller Finding Redemption as Real Estate Bull: Mortgages
Miller's Legg Mason Capital Management Opportunity Trust has bet about a third of its holdings on a property rebound through homebuilders, mortgage real estate investments trusts and loan insurers. That's propelled the $ 952 million fund to a return of …
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Don't pay down that mortgage!
That's up from just 10 percent during the same time period in 2006, when the real estate market was at its peak. And rock bottom interest rates have been one big factor – the piece offers up a Natick homeowner who found she could shift to a 15-year …
Read more on Boston.com (blog)

Home loan approval rates at highest level this year
THE property market is showing some signs of moving up the gears as the key spring selling period gather's pace with home loan approvals registering their biggest rise in almost a year. Official data shows the number of home loans for owner occupiers …
Read more on The Daily Telegraph