Docstoc

Ares Management Closes Acquisition of Area Property Partners

Document Sample
Ares Management Closes Acquisition of Area Property Partners Powered By Docstoc
					
				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:0
posted:7/2/2013
language:Japanese
pages:2
Description: LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Ares Management LLC announced today that it has completed its acquisition of AREA Property Partners, L.P., a top-tier real estate management firm investing across North America, Europe, and India. As a result, the Ares Real Estate Group now has a total of $8 billion in committed capital under management, including the publicly traded real estate investment trust Ares Commercial Real Estate Corporation (NYSE:ACRE). As previously announced, Lee Neibart, ARE
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.