ACRE earnings
Ares Commercial Real Estate Corporation (ACRE) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Ares Commercial Real Estate Corporation Reports First Quarter 2026 ResultsFirst quarter GAAP net income (loss) of $(9.6) million or $(0.17) per diluted common share and Distributable Earnings1 of $3.2 million or $0.06 per diluted common share - Subsequent to the three months ended March 31, 2026 - Closed $95 million of new loan commitments Declared second quarter 2026 dividend of $0.15 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate loans and related investments, reported generally accepted accounting principles ("GAAP") net income (loss) of $(9.6) million or $(0.17) per diluted common share and Distributable
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2026Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the first quarter ended March 31, 2026 on Thursday, May 7, 2026 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its first quarter ended March 31, 2026 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection before the webc
- Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2025 ResultsFourth quarter GAAP net income (loss) of $(3.9) million or $(0.07) per diluted common share and Distributable Earnings1 of $8.5 million or $0.15 per diluted common share Full year GAAP net income (loss) of $(0.9) million or $(0.02) per diluted common share and Distributable Earnings (Loss)1 of $(6.7) million or $(0.12) per diluted common share - Subsequent to the year ended December 31, 2025 - Closed $150 million of new loan commitments Declared first quarter 2026 dividend of $0.15 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate loans
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2025Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2025 on Tuesday, February 10, 2026 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its fourth quarter and full year ended December 31, 2025 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the websit
- Ares Commercial Real Estate Corporation Reports Third Quarter 2025 ResultsThird quarter GAAP net income of $4.7 million or $0.08 per diluted common share and Distributable Earnings(1) of $5.5 million or $0.10 per diluted common share - Subsequent to the three months ended September 30, 2025 - Closed $271 million of new loan commitments Declared fourth quarter 2025 dividend of $0.15 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $4.7 million or $0.08 per diluted common share and Distributable Earnings(1) of $5.5 million or $0.10 per d
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2025Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the third quarter ended September 30, 2025 on Friday, November 7, 2025 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 10:00 a.m. Eastern Time to discuss its third quarter ended September 30, 2025 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection befo
- Ares Commercial Real Estate Corporation Reports Second Quarter 2025 ResultsSecond quarter GAAP net income (loss) of $(11.0) million or $(0.20) per diluted common share and Distributable Earnings (Loss)(1) of $(27.9) million or $(0.51) per diluted common share - Subsequent to the three months ended June 30, 2025 - Closed $43 million of new loan commitments Declared third quarter 2025 dividend of $0.15 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income (loss) of $(11.0) million or $(0.20) per diluted common share and Distributable Earnings
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2025Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the second quarter ended June 30, 2025 on Tuesday, August 5, 2025 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2025 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection before the we
- Ares Commercial Real Estate Corporation Reports First Quarter 2025 ResultsFirst quarter GAAP net income of $9.3 million or $0.17 per diluted common share and Distributable Earnings(1) of $7.2 million or $0.13 per diluted common share - Subsequent to the three months ended March 31, 2025 - Declared second quarter 2025 dividend of $0.15 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $9.3 million or $0.17 per diluted common share and Distributable Earnings(1) of $7.2 million or $0.13 per diluted common share for the first quarter of 2025
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2025Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the first quarter ended March 31, 2025 on Wednesday, May 7, 2025 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its first quarter ended March 31, 2025 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection before the webc
- Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2024 ResultsFourth quarter GAAP net income (loss) of $(10.7) million or $(0.20) per diluted common share and Distributable Earnings (Loss)(1) of $(8.3) million or $(0.15) per diluted common share Full year GAAP net income (loss) of $(35.0) million or $(0.64) per diluted common share and Distributable Earnings (Loss)(1) of $(44.6) million or $(0.82) per diluted common share - Subsequent to the year ended December 31, 2024 - Declared first quarter 2025 dividend of $0.15 per common share Collected $166 million in repayments resulting in available capital of over $200 million(2) Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company primarily engaged in d
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2024Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2024 on Wednesday, February 12, 2025 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 11:00 a.m. Eastern Time to discuss its fourth quarter and full year ended December 31, 2024 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the webs
- Ares Commercial Real Estate Corporation Reports Third Quarter 2024 ResultsThird quarter GAAP net income (loss) of $(5.9) million or $(0.11) per diluted common share and Distributable Earnings(1) of $3.7 million or $0.07 per diluted common share - Subsequent to three months ended September 30, 2024 - Declared fourth quarter 2024 dividend of $0.25 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income (loss) of $(5.9) million or $(0.11) per diluted common share and Distributable Earnings(1) of $3.7 million or $0.07 per diluted common share for the third quarter of
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2024Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the third quarter ended September 30, 2024 on November 7, 2024 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its third quarter ended September 30, 2024 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection before the we
- Ares Commercial Real Estate Corporation Reports Second Quarter 2024 ResultsSecond quarter GAAP net income (loss) of $(6.1) million or $(0.11) per diluted common share and Distributable Earnings (Loss)(1) of $(6.6) million or $(0.12) per diluted common share - Subsequent to three months ended June 30, 2024 - Tae-Sik Yoon appointed to Chief Operating Officer; Jeff Gonzales appointed to Chief Financial Officer & Treasurer Declared third quarter 2024 dividend of $0.25 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income (loss) of $(6.1) million or $(0.11) per di
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2024NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the second quarter ended June 30, 2024 on August 6, 2024 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2024 financial results.All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to tes
- Ares Commercial Real Estate Corporation Reports First Quarter 2024 ResultsFirst quarter GAAP net income (loss) of $(12.3) million or $(0.23) per diluted common share and Distributable Earnings (Loss)(1) of $(33.5) million or $(0.62) per diluted common share - Subsequent to three months ended March 31, 2024 - Declared second quarter 2024 dividend of $0.25 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income (loss) of $(12.3) million or $(0.23) per diluted common share and Distributable Earnings (Loss)(1) of $(33.5) million or $(0.62) per diluted common share f
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2024NEW YORK, NY / ACCESSWIRE / April 25, 2024 / Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the first quarter ended March 31, 2024 on Thursday, May 9, 2024 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 9:00 a.m. Eastern Time to discuss its first quarter ended March 31, 2024 financial results.All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website
- Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2023 ResultsFourth quarter GAAP net income (loss) of $(39.4) million or $(0.73) per diluted common share and Distributable Earnings(1) of $10.8 million or $0.20 per diluted common share Full year GAAP net income (loss) of $(38.9) million or $(0.72) per diluted common share and Distributable Earnings(1) of $58.4 million or $1.06 per diluted common share - Subsequent to year ended December 31, 2023 - Declared first quarter 2024 dividend of $0.25 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income
- Ares Commercial Real Estate Corporation Reports Third Quarter 2023 ResultsThird quarter GAAP net income of $9.2 million or $0.17 per diluted common share and Distributable Earnings(1) of $13.5 million or $0.25 per diluted common share - Subsequent to end of third quarter - Declared fourth quarter 2023 dividend of $0.33 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $9.2 million or $0.17 per diluted common share and Distributable Earnings(1) of $13.5 million or $0.25 per diluted common share for the third quarter of 2023. "During the third quarter,
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2023Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the third quarter ended September 30, 2023 on Friday, November 3, 2023 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 10:00 a.m. Eastern Time to discuss its third quarter ended September 30, 2023 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection befo
- Ares Commercial Real Estate Corporation Reports Second Quarter 2023 ResultsSecond quarter GAAP net loss of $2.2 million or $0.04 per diluted common share and Distributable Earnings(1) of $19.0 million or $0.35 per diluted common share - Subsequent to end of second quarter - Declared third quarter 2023 dividend of $0.33 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net loss of $2.2 million or $0.04 per diluted common share and Distributable Earnings(1) of $19.0 million or $0.35 per diluted common share for the second quarter of 2023. "Our second quarter 2023 resu
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2023Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the second quarter ended June 30, 2023 on Wednesday, August 2, 2023 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2023 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of the our website at http://www.arescre.com. Please visit the website to test your connection before
- Ares Commercial Real Estate Corporation Reports First Quarter 2023 ResultsFirst quarter GAAP net loss of $6.4 million or $0.12 per diluted common share and Distributable Earnings(1) of $15.1 million or $0.27 per diluted common share - Subsequent to end of first quarter - Declared second quarter 2023 dividend of $0.33 per common share and a supplemental dividend of $0.02 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net loss of $6.4 million or $0.12 per diluted common share and Distributable Earnings(1) of $15.1 million or $0.27 per diluted common share for the fi
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2023Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the first quarter ended March 31, 2023 on Tuesday, May 2, 2023 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 10:00 a.m. Eastern Time to discuss its first quarter ended March 31, 2023 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of the our website at http://www.arescre.com. Please visit the website to test your connection before the w
- Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2022 ResultsFourth quarter GAAP net income of $2.9 million or $0.05 per diluted common share and Distributable Earnings(1) of $23.9 million or $0.44 per diluted common share Full year GAAP net income of $29.8 million or $0.57 per diluted common share and Distributable Earnings(1) of $80.7 million or $1.55 per diluted common share - Subsequent to year ended December 31, 2022 - Declared first quarter 2023 dividend of $0.33 per common share and a supplemental dividend of $0.02 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting prin
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2022Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2022 on Wednesday, February 15, 2023 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its fourth quarter and full year ended December 31, 2022 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of the our website at http://www.arescre.com. Please visit the w
- Ares Commercial Real Estate Corporation Reports Third Quarter 2022 ResultsThird quarter GAAP net income of $0.6 million or $0.01 per diluted common share and Distributable Earnings(1) of $21.3 million or $0.39 per diluted common share -Subsequent to end of third quarter- Declared fourth quarter 2022 dividend of $0.33 per common share and a supplemental dividend of $0.02 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $0.6 million or $0.01 per diluted common share and Distributable Earnings(1) of $21.3 million or $0.39 per diluted common share for the thi
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2022Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the third quarter ended September 30, 2022 on Wednesday, November 2, 2022 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its third quarter ended September 30, 2022 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of the our website at http://www.arescre.com. Please visit the website to test your connectio
- Ares Commercial Real Estate Corporation Reports Second Quarter 2022 ResultsSecond quarter GAAP net income of $10.0 million or $0.20 per diluted common share and Distributable Earnings(1) of $19.2 million or $0.38 per diluted common share -Subsequent to end of second quarter- Declared third quarter 2022 dividend of $0.33 per common share and a supplemental dividend of $0.02 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $10.0 million or $0.20 per diluted common share and Distributable Earnings(1) of $19.2 million or $0.38 per diluted common share for the
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2022Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the second quarter ended June 30, 2022 on Friday, July 29, 2022 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2022 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at www.arescre.com. Please visit the website to test your connection before the webcast. Dom
- Ares Commercial Real Estate Corporation Reports First Quarter 2022 ResultsFirst quarter GAAP net income of $16.2 million or $0.34 per diluted common share and Distributable Earnings(1) of $16.3 million or $0.34 per diluted common share Closed $263 million of new loan commitments - Subsequent to end of first quarter - Closed $123 million of new loan commitments Declared second quarter 2022 dividend of $0.33 per common share and a supplemental dividend of $0.02 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $16.2 million or $0.34 per diluted common shar
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2022Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the first quarter ended March 31, 2022 on Tuesday, May 3, 2022 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its first quarter ended March 31, 2022 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection before the webcas
- Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2021 ResultsFourth quarter GAAP net income of $17.2 million or $0.36 per diluted common share and Distributable Earnings(1) of $19.4 million or $0.41 per diluted common share Full year GAAP net income of $60.5 million or $1.42 per diluted common share and Distributable Earnings(1) of $66.0 million or $1.55 per diluted common share Closed record $1.4 billion of new loan commitments in 2021 - Subsequent to year ended December 31, 2021 - Declared first quarter 2022 dividend of $0.33 per common share and a supplemental dividend of $0.02 per common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial re
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2021Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2021 on Tuesday, February 15, 2022 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its fourth quarter and full year ended December 31, 2021 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website
- Ares Commercial Real Estate Corporation Reports Third Quarter 2021 ResultsThird quarter GAAP net income of $10.0 million or $0.21 per diluted common share and Distributable Earnings(1) of $17.5 million or $0.37 per diluted common share Closed $485 million of new loan commitments - Subsequent to end of third quarter - Declared fourth quarter 2021 dividend of $0.33 per diluted common share and a supplemental dividend of $0.02 per diluted common share Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $10.0 million or $0.21 per diluted common share and Distributable Earnings(
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2021Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE) announced today that it will report earnings for the third quarter ended September 30, 2021 on Wednesday, November 3, 2021 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its third quarter ended September 30, 2021 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test yo
- Ares Commercial Real Estate Corporation Reports Second Quarter 2021 ResultsSecond quarter GAAP net income of $17.6 million or $0.43 per diluted common share and Distributable Earnings(1) of $15.1 million or $0.37 per diluted common share Closed $311 million of new loan commitments - Subsequent to end of second quarter - Declared third quarter 2021 dividend of $0.33 per diluted common share and a supplemental dividend of $0.02 per diluted common share Closed $254 million of new loan commitments Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $17.6 million or $0.43 per di
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2021Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the second quarter ended June 30, 2021 on Friday, July 30, 2021 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2021 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of the our website at http://www.arescre.com. Please visit the website to test your connection before the w