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.

NEW YORK--(BUSINESS WIRE)--Ares 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 Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2022

ACRE is a well-run commercial mortgage REIT with a prudent portfolio structure. It's set to continue benefiting from rising interest rates.

Ares Commercial: Pick Up This 12% Yield Before The Market Wakes Up

Ares Commercial Real Estate Corporation is a well-managed REIT, but the stock price has suffered lately. Dividend coverage likely remained robust in 3Q-22.

Ares Commercial: I Am Buying This Fat 13.1% Yield

ACRE is a high-yielding commercial real estate finance company that's well-positioned for rising rates. It's out-earned its dividend every year for the past 5 years, and has sound operating fundamentals.

Ares Commercial: A 10% Yield You Won't Want To Miss

Ares Commercial is a well-managed, senior loan-focused REIT with a growing portfolio. The trust covered its 2Q-22 dividend with distributable earnings.

Ares Commercial: 9.8% Yield, Robust Portfolio Growth, 0.93x Book Value

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Ares Commercial Real Estate Corporation (NYSE:ACRE ) Q2 2022 Earnings Conference Call July 29, 2022 12:00 PM ET Company Participants John Stilmar - IR Bryan Donohoe - CEO Tae-Sik Yoon - CFO Conference Call Participants Rick Shane - JPMorgan Jade Rahmani - KBW Douglas Harter - Credit Suisse Operator Good afternoon, and welcome to Ares Commercial Real Estate Corporation's Conference Call to discuss the company's Second Quarter 2022 Financial Results. As a reminder, this conference call is being recorded on July 29, 2022.

Ares Commercial Real Estate Corporation (ACRE) CEO Bryan Donohoe on Q2 2022 Results - Earnings Call Transcript

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 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 second quarter of 2022. “We generated another strong quarter of earnings that were driven by i

Ares Commercial Real Estate Corporation Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Ares 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

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2022

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Ares Commercial is a high-quality senior loan-focused mortgage trust. The trust has covered its dividend with distributable earnings for five consecutive years.

Ares Commercial: 9.3% Yield And Discount To Book Value

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NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE) announced today the pricing of an underwritten public offering of 7,000,000 shares of common stock for total estimated gross proceeds of approximately $104.7 million. The Company has also granted the underwriters of the offering an option to purchase up to 1,050,000 additional shares of common stock. The Company intends to use all of the net proceeds from the offering for general corporate purposes, i

Ares Commercial Real Estate Corporation Announces Pricing of Offering of Common Stock

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE) announced today the launch of an underwritten public offering of 7,000,000 shares of common stock. The Company expects to grant to the underwriters of the offering an option to purchase up to 1,050,000 additional shares of common stock. The Company intends to use all of the net proceeds from the offering for general corporate purposes, including (i) investing in mortgage loans and other target assets

Ares Commercial Real Estate Corporation Announces Launch of Offering of Common Stock

Ares has a strong CMBS portfolio comprised of 99% senior loans with 98% as floating rate mortgages. Ares offers an 8.6% dividend yield at current levels with potential for hikes; this mREIT makes more money as rates rise, not less.

Ares Commercial: 8.6% Dividend Yield That Can Rise With Rates

Ares Commercial Real Estate Corporation (ACRE) CEO Bryan Donohoe on Q1 2022 Results - Earnings Call Transcript

Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of -2.86% and 5.75%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Ares Commercial Real Estate (ACRE) Q1 Earnings and Revenues Miss 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 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 for the first quarter of 2022. “With respect to investment activity, we are off to a strong start in 2

Ares Commercial Real Estate Corporation Reports First Quarter 2022 Results

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, 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

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2022

ACRE is a well-run commercial mortgage REIT that's delivered consistently growing shareholder returns.

Ares Commercial: Kick Back And Watch The Dividends Roll In

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NEW YORK--(BUSINESS WIRE)--Taconic Capital Advisors (“Taconic”), HEI Hotels & Resorts (“HEI”) and Ares Commercial Real Estate Corporation (“ACRE”) announced today that Taconic and HEI have partnered to acquire the Westchester Marriott, a 444-key hotel in Tarrytown, NY, from ACRE for $40 million. As part of the transaction, ACRE has elected to provide a financing facility in support of the business plan for the hotel property. The 15-acre property, located at 670 White Plains Road in Tarryto

Taconic Capital Advisors and HEI Hotels & Resorts Partner to Acquire Westchester Marriott From Ares Commercial Real Estate Corporation

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Ares Commercial Real Estate Corporation's (ACRE) CEO Bryan Donohoe on Q4 2021 Results - Earnings Call Transcript

News for Ares Commercial Real Estate Stock (ACRE)