> Sharestates Closes New $100 Million Warehouse Debt Facility with Ares Management

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Sharestates Closes New $100 Million Warehouse Debt Facility with Ares Management

Sharestates, a leading real estate technology platform designed to support and accelerate the redevelopment of residential housing, recently closed a new $100 Million warehouse line of credit led by funds managed by the Credit Group of Ares Management Corporation (“Ares”) to capitalize on demand from borrowers. This additional warehouse capital complements existing credit facilities and increases the Company’s overall borrowing capacity to better support the Company’s growing loan origination volume.

 

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