Ares Commercial Real Estate

Ares Commercial Real Estate Corp. engages in originating and investing in commercial real estate loans and related investments. Its target investments include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans, and other CRE investments, as well as commercial mortgage backed securities. The company was founded in September 2011 and is headquartered in New York, NY.

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Ares Commercial Real Estate (ACRE) reports strong Q4 performance

Ares Commercial Real Estate (ACRE) demonstrated resilience in a challenging market environment, leveraging its strong liquidity position and operational capabilities. Despite market headwinds, the company reported strong financial performance and remains focused on prudent risk management and maximizing outcomes.

Ares Commercial Real Estate (ACRE) strengthens financial position in Q1 2023

Ares Commercial Real Estate (ACRE) demonstrated operational resilience and financial strength in Q1 2023, with progress in resolving underperforming loans and improving liquidity.
The company's strategic focus on reducing exposure to the office sector and deleveraging the balance sheet has enhanced its financial health and stability.
While facing challenges in managing credit risks and construction delays, ACRE remains confident in its asset values and is well-positioned to capitalize on opportunities in the market.
With a strong liquidity position, commitment to shareholder value, and proactive risk management approach, ACRE is poised to navigate challenges and drive sustainable growth in the real estate sector.

Ares Commercial Real Estate (ACRE) reports solid Q2 results and shifts focus towards capital preservation

ACRE's Q2 performance showcased strong financial results, effective portfolio management, and a strategic shift towards capital preservation. The company's focus on resolving underperforming assets and maintaining a strong liquidity position bodes well for future growth. Despite challenges in the credit cycle and leasing momentum, ACRE remains well-positioned to capitalize on opportunities in the commercial real estate market.

Ares Commercial Real Estate (ACRE) reports solid Q3 performance and strategic asset maneuvers

ACRE's Q3 performance reflects a balanced approach to portfolio management, strategic loan origination, and asset value optimization, supporting its growth trajectory.
While facing challenges in office loan exposure and dividend sustainability, ACRE's focus on risk management and liquidity preservation underscores a prudent financial strategy.
Opportunities lie in reallocating capital, leveraging strong property classes, and implementing effective asset management strategies to drive future growth and enhance shareholder value.

ACRE reports Q4 loss, navigates challenges, eyes distressed loan opportunities

ACRE faced challenges from interest rates, inflation, and work-from-home trends impacting values.
Despite a GAAP loss in Q4, progress was made in resolving risk-rated loans and restructuring terms.
Positive leasing progress in the multifamily portfolio and potential benefits from macroeconomic trends.
Focus on shifting real estate debt to private markets and exploring distressed loan opportunities.

ACRE reports progress in loan resolution and challenges in earnings

ACRE's Q1 2024 performance showed progress in reducing nonaccrual loans and improving distributable earnings per share.
While facing financial challenges with losses reported, the company's focus on risk management and dividend declaration demonstrate resilience.
Opportunities lie in the market's recovery and strategic loan resolution to drive future growth and enhance shareholder value.

Ares Commercial Real Estate reports Q2 losses, appoints new executives

Ares Commercial Real Estate (ACRE) navigated challenges in Q2 2024 with a focus on risk management, strategic investments, and executive leadership changes.
Despite short-term earnings pressures, the company remains committed to enhancing profitability, maintaining dividend stability, and capitalizing on market improvements.
Analyst inquiries during the earnings call underscored the importance of credit quality, earnings outlook, and strategic asset management for ACRE's future performance.
Overall, ACRE's performance reflects a balance between addressing current challenges and seizing opportunities for growth and financial resilience.

Ares Commercial Real Estate (ACRE) strengthens portfolio amidst market challenges

Ares Commercial Real Estate (ACRE) navigated challenges in Q3 2024 by focusing on risk management and balance sheet flexibility. Despite a net loss, the company's strategic initiatives position them well for future growth and stability.

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Ares Commercial Real Estate Corp. is a specialty finance company, which engages in the business of originating and investing in commercial real estate loans and related investments. The firm is also involved in senior mortgage loans, subordinated debt, preferred equity, mezzanine loans, and other commercial real estate investments including commercial mortgage-backed securities. The company was founded in September 2011 and is headquartered in New York, NY.

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ACRE originates and holds loans against commercial real estate. CRE is the epicenter of current market risks, as many borrowers are struggling with higher interest costs due to the Fed's interest rate hikes.

Ares Commercial Real Estate: CRE Markets Continue To Weaken

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Ares Commercial Real Estate reported Q1 earnings on May 2, 2023. Headline news included not only maintaining their $0.33 quarterly dividend but adding a $0.02 supplemental on top of it.

Ares Commercial Real Estate: 3 Takeaways From Q1 2023 Earnings

Ares Commercial Real Estate Corporation (NYSE:ACRE ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants John Stilmar - Managing Director and IR Bryan Donohoe - CEO Tae-Sik Yoon - CFO Conference Call Participants Steve DeLaney - JMP Securities Jade Rahmani - KBW Douglas Harter - Credit Suisse Stephen Laws - Raymond James Rick Shane - JPMorgan Sarah Barcomb - BTIG Derek Hewett - Bank of America Operator Good morning. Welcome to Ares Commercial Real Estate Corporation's First Quarter March 31 2023 Earnings Conference Call.

Ares Commercial Real Estate Corporation (ACRE) Q1 2023 Earnings Call Transcript

Ares Commercial Real Estate (ACRE) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.34 per share a year ago.

Ares Commercial Real Estate (ACRE) Misses Q1 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--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 first quarter of 2023. “Our results this quarter demonstrated not only another period of healthy.

Ares Commercial Real Estate Corporation Reports First Quarter 2023 Results

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NEW YORK--(BUSINESS WIRE)--Ares 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.

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2023

With office real estate in the spotlight, I look at another commercial mortgage REIT with a high office allocation: Ares Commercial Real Estate. With 37% of their loans backed by office properties, investors are likely curious what the impact might be a repricing in that environment.

Ares Commercial Real Estate: A War God's Office Loans

ACRE originates and holds loans against commercial real estate. The REIT has $2.3 billion in loans outstanding that on average pay 8.9% unlevered yields.

Ares Commercial Real Estate: Watch Out For Contagion From Regional Banking Crisis

ACRE common yields 15.82%, and goes ex-dividend on 3/30/22. It benefits from rising interest rates.

Ares Commercial Real Estate Corp: 16% Yield, Rising Rate Tailwinds

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My Biggest Stock Purchase For March - ACRE

Ares Commercial Real Estate covered its dividend with distributable earnings in 4Q-22. Inflation uptick in 2023 could result in improved dividend coverage.

Ares Commercial Real Estate: 12% Yield And High Margin Of Safety

Ares Commercial reported record earnings for FY 2022. Dividends maintained for the 9th consecutive quarter.

Ares Commercial Real Estate: Dividends Maintained, Undervaluation Persists

News for Ares Commercial Real Estate Stock (ACRE)