ACRE extends Citi repurchase facility to Jan 2027 with accordion to $425M

Ares Commercial Real Estate Corp

Amendment extends facility expiration and funding availability to January 13, 2027.
Two 12-month extension options at ACRC's option could push maturity to January 13, 2029.
Accordion allows facility increase up to $425M in two $50M increments with Citibank consent.

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