ARES Commercial Mortgage Trust

Deals

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A	USD	335.800	2.05	5.05	Aaa	-	AAA	-	-	43.08%	-	Floating	SOFR	175a	175	SOFR+169	-	99.74994
B	USD	43.400	2.05	5.05	Aa2	-	AA-	-	-	35.72%	-	Floating	SOFR	210a	210	SOFR+204	-	99.74998
C	USD	40.500	2.05	5.05	A3	-	A-	-	-	28.86%	-	Floating	SOFR	240a	240	SOFR+234	-	99.74997
D	USD	80.600	2.05	5.05	Baa3	-	NR	-	-	15.20%	-	Floating	SOFR	295a	295	SOFR+289	-	99.74998
E	USD	60.200	2.05	5.05	Ba2	-	NR	-	-	5.00%	-	Floating	SOFR	400a	400	SOFR+394	-	99.74998
HRR	USD	29.500	2.05	5.05	B1	-	NR	-	-	-	-	-	-	-	-	-	-	-

More Details

Tranche Comments

A: First Pay: 2024-07-15; Registration: 144A/Reg S; B: First Pay: 2024-07-15; Registration: 144A/Reg S; C: First Pay: 2024-07-15; Registration: 144A/Reg S; D: First Pay: 2024-07-15; Registration: 144A/Reg S; E: First Pay: 2024-07-15; Registration: 144A/Reg S; HRR: First Pay: 2024-07-15; Registration: 144A/Reg S; Comments: Pre-Placed;

Collateral

The Portfolio is comprised of 30 primarily industrial Properties totaling approximately 7.5 million square feet located in densely populated infill areas in steady-growth markets

Risk Retention

Horizontal

Use of Proceeds

Recapitalization

WA U/W NOI Debt Yield

7.8%