Ares provides $400m loan to CrossCountry Mortgage

02:14pm, Wednesday, 24'th Nov 2021 PE Hub
Ares Management Corp has led the arrangement and funding of a $400 million loan facility for CrossCountry Mortgage, a Brecksville, Ohio-based retail mortgage lender.
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (Ares) today announced that funds managed by its Alternative Credit and U.S. Direct Lending strategies led the arrangement and funding of a $400 million loan facility for CrossCountry Mortgage, LLC (the Company). Caisse de dépôt et placement du Québec (CDPQ), a global investment group, also participated in the financing through a wholly owned subsidiary as part of its Capital Solutions investment strategy. Founded in 2
Equities research analysts predict that Ares Management Co. (NYSE:ARES) will report $639.46 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Ares Managements earnings, with the highest sales estimate coming in at $653.90 million and the lowest estimate coming in at $625.01 million. Ares Management posted []
Analysts expect that Ares Management Co. (NYSE:ARES) will report earnings of $0.73 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Ares Managements earnings. The lowest EPS estimate is $0.68 and the highest is $0.77. Ares Management posted earnings of $0.54 per share in the same quarter []
Marshall Wace LLP bought a new stake in Frontier Communications Parent, Inc. (NASDAQ:FYBR) during the second quarter, Holdings Channel.com reports. The firm bought 261,525 shares of the company’s stock, valued at approximately $6,905,000. A number of other hedge funds also recently bought and sold shares of the business. Ares Management LLC bought a new stake […]
Ares Management Co. (NYSE:ARES) has been assigned a consensus rating of Buy from the nine brokerages that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a []

Ares and Generation launch UK PBSA brand

06:00pm, Monday, 15'th Nov 2021 Property Week
Ares Management Corporation and Generation Partners have launched a UK purpose-built student accommodation (PBSA) brand called Here! Student Living.
Wall Street analysts expect Ares Management Co. (NYSE:ARES) to announce earnings per share (EPS) of $0.73 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Ares Managements earnings. The lowest EPS estimate is $0.68 and the highest is $0.77. Ares Management posted earnings of $0.54 per share during the []
Kipp Deveer, Head Credit Group at Ares Management (NYSE:ARES), made a large insider sell on November 5, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Excha
Kipp Deveer, Head Credit Group at Ares Management (NYSE:ARES), made a large insider sell on November 2, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Excha
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the BofA Securities Banking and Fin
Ares Management Corporation's (ARES) CEO Michael Arougheti on Q3 2021 Results - Earnings Call Transcript
Ares Management (ARES) delivered earnings and revenue surprises of -3.12% and -7.04%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Ares Management (ARES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE