Ares Management
(Ares Commercial Real Estate, Ares Commercial Real Estate Management, Ares Real Estate Income Trust, AREEIF Lender)
Lender
245 Park Avenue 44th Floor New York, NY 10167
People:
Ares Management NYC portfolio
$507.8 million -industrial 60%, condo 39%; Brooklyn 60%, Manhattan 39%*
437th largest portfolio by dollar value
327,853 sqft – condo 96%, industrial 3%; Manhattan 96%, Brooklyn 3%
1125th largest by SF
2 properties – Manhattan 66%, Brooklyn 33%
3541th largest
769 residential units – Brooklyn 59%, Manhattan 40%
419th largest by residential units
0 foreclosures, 1 bankruptcy, 0 other court cases.
Notes
Website: “ACRE is externally managed by Ares Commercial Real Estate Management.”
Company Activity past 24 months:
Buyer company: 1 for $202.2 million
Borrower company: 1 for $230 million
Lender company: 6 for $1.2 billion
Top Ten Associated Companies:
Wells Fargo (2), M&T Bank (1), BankUnited (1)
Top Ten Associated People:
Ingrid Alfred (1), Aldin Reynolds (1)
Recent activity as company:
• Delshah Capital borrowed $62.2 million from Ares Management for 42 Berry Street on March 31, 2026.
• Lendlease borrowed $450 million from Ares Management for 28 India Street on February 06, 2026.
• Douglaston Development and Ares Management borrowed $230 million from Wells Fargo for 1051 Atlantic Avenue on December 22, 2025.
• Taconic Partners and GreenBarn Investment Group borrowed $85 million from Ares Management for 819 Broadway on October 16, 2025.
• Northwood Investors borrowed $228.6 million from Barings for 528 Broadway on September 04, 2025.
• Mitsui Fudosan sold 525 West 52nd Street and 525 West 52nd Street, Hell’s Kitchen, Manhattan for $202.2 million to Ares Management and Taconic Partners on January 31, 2025.
• Stonehenge NYC and A-Rod Corp. borrowed $43.5 million from Ares Management for 340 East 51 Street on December 23, 2024.
• Carlyle Group and Stonehenge NYC borrowed $232.3 million from Barings and Ares Commercial Real Estate for 247 West 48 Street on December 10, 2024.
• Brookfield Properties borrowed $340 million from Ares Management for 2385 3 Avenue on April 29, 2024.
• Carlyle Group and Blumenfeld Development Group borrowed $84 million from Argentic Investment Management for 132-20 34 Avenue on December 01, 2023.
Latest Stories:
• Lendlease signs $450M refi loan with Ares for 834-unit rental in Greenpoint (February 18, 2026)
• Northwood Investors signs $228.6M refi with Barings for SoHo retail, office (September 11, 2025)
• Ares buys 75% stake in Taconic’s Hell’s Kitchen rental for $202.5M (February 17, 2025)
• Carlyle, Blumenfeld Development pay $122.6M for storage in Flushing, Woodside (December 11, 2023)
• Douglaston Development pays $65M for 456-unit dev site in Bedford Stuyvesant (June 07, 2023)
• LCOR signs $33.8M refi with KeyBank for 142-unit rental in Williamsburg (May 04, 2023)
Court Records:
Properties: