News & Videos - ARES COMMERCIAL REAL ESTATE

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 $(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 for the fourth quarter of 2024. The Company reported GAAP net income (loss) of...

Ares 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...

Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2024 tax treatment for the Company’s common stock distributions (CUSIP # 04013V-10-8). Form 1099 Reference: Box 1a Box 1b Box 2a Box 3 Box 5 Record Date Payment Date Cash Distribution Per Share Allocable to 2024 Total Ordinary Dividends Qualified Dividends (1) Total Capital Gain Distributions Nondividend Distributions Section 199A Dividends (1) 12/29/2023 1/17/2024 $0.3300 (2) $0.0000 $0.0000 $0.0000...

Second Avenue Capital Partners, SB360 Capital Partners, and Ares Commercial Finance Support CSC Generation Enterprise's Acquisition of Backcountry with a $112,000,000 Credit Facility PR Newswire BOSTON, Sept. 18, 2024 BOSTON , Sept. 18, 2024 /PRNewswire/ -- Schottenstein affiliates Second Avenue Capital Partners ( SACP ) and SB360 Capital Partners ( SB360 ) , providers of customized solutions for the retail and consumer product sectors, along with Ares Commercial Finance ( Ares ) , are pleased...

NEW 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...

NEW 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...

NEW YORK, NY / ACCESSWIRE / February 12, 2024 / Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2023 on Thursday, February 22, 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 fourth quarter and full year ended December 31, 2023 financial results. All...

NEW YORK, NY / ACCESSWIRE / January 31, 2024 / Ares Commercial Real Estate Corporation (NYSE:ACRE) (the "Company") today announced the 2023 tax treatment for the Company's common stock distributions (CUSIP # 04013V-10-8). Form 1099 Reference: (Box 1a+2a) Box 1a Box 1b Box 2a Box 2b Box 5 Record Date Payment Date Cash Distribution Per Share Distribution Allocable to 2023 Taxable Ordinary Dividends Taxable Qualified Dividends (1) Total Capital Gain Distribution Unrecaptured Section 1250 Gain (2)...

NEW YORK, NY / ACCESSWIRE / September 6, 2023 / Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that its Chief Executive Officer, Bryan Donohoe, and its Chief Financial Officer, Tae-Sik Yoon, will present at the BofA 2023 Global Real Estate Conference on Wednesday, September 13, 2023 at 1:25pm ET. A live audio webcast of the panel presentation will be available in the Investor Resources section of the Company's website at www.arescre.com . For those unable to listen to the...

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 results demonstrate that our portfolio continues to benefit from...

Ares 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,...

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 investment...

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. All interested parties are invited to participate via telephone or the live webcast, which...

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 $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 for the fourth quarter of 2022. The Company reported GAAP net income of $29.8 million or $0.57 per diluted common share...

Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2022 tax treatment for the Company’s common stock distributions (CUSIP # 04013V-10-8). Form 1099 Reference: (Box 1a+2a) Box 1a Box 1b Box 2a Box 2b Box 5 Record Date Payment Date Cash Distribution Per Share Distribution Allocable to 2022 Taxable Ordinary Dividends Taxable Qualified Dividends (1) Total Capital Gain Distribution Unrecaptured Section 1250 Gain (2) Section 199A Dividends (1) 12/31/2021...

Ares 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...

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 third quarter of 2022. “We generated another quarter of strong earnings that were primarily driven by the...

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 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...

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 incremental...

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 or the live webcast, which...