Ares to sell half of Freddie B-piece holdings

Ares Management is marketing $460m of seasoned fixed-rate subordinate B-pieces from Freddie Mac deals in the secondary market.

  • By Alexander Saeedy
  • 03 Jul 2018

The Los Angeles-based investment manager amassed $946.3m worth of subordinate Freddie Mac bonds between 2013 and 2017 and intends to sell half of its portfolio to either one or multiple buyers.

Ares is the latest investor to market a large slug of junior CMBS bonds, joining a group ...

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