Ares Commercial Real Estate Corporation (ACRE) functions as a specialized financial institution, primarily engaged in developing and investing in a diverse portfolio of commercial real estate (CRE) debt and associated investments throughout the United States. The company offers a broad spectrum of funding options designed for the owners, operators, and sponsors of commercial properties. ACRE's investment activities encompass originating senior mortgage loans, various subordinate debt products, hybrid mezzanine financing, preferred equity stakes in real estate, and other CRE-related assets, including commercial mortgage-backed securities (CMBS). For federal tax purposes in the U.S., ACRE has opted for and qualifies as a Real Estate Investment Trust (REIT) in accordance with the Internal Revenue Code of 1986. The firm's operations are managed by Ares Commercial Real Estate Management LLC. ACRE was established in 2011 and its main office is situated in New York, New York.
ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS SECOND QUARTER 2026 RESULTS
Ares Commercial Real Estate reported Q2 GAAP net income of $4.4 million, or $0.08 per share, a significant turnaround from a year-ago loss, driven by higher net interest margin.
Distributable earnings came in at $0.12 per share, supporting the Board's declaration of a $0.15 per share dividend for Q3, payable in October.
Management highlighted $130 million in new Q2 loan commitments, bringing the trailing 12-month total to over $900 million, while maintaining over $100 million in available capital.