Ares Commercial Real Estate Corp. (ACRE) has appointed one of its directors, Todd Schuster, to join John Bartling Jr. as co-CEO. He has also been named a senior partner in the real estate group of Ares Management LLC.
Previously, Schuster was the founder, CEO and a member of the board of directors of CW Financial Services, serving from its inception in 1991 until 2009. Prior to CW Financial Services, he was employed by Salomon Brothers and Bankers Trust in their respective commercial mortgage finance units.