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.

Ares Commercial Real Estate (ACRE) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of a loss of $0.40 per share. This compares to earnings of $0.44 per share a year ago.

Ares Commercial Real Estate (ACRE) Beats Q4 Earnings Estimates

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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 (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 for the fourth quarter of 2023. The Company reported GAAP net income (loss) of $(38.9) mill.

Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2023 Results

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Ares Commercial: Dividend Cut Highly Probable In 2024

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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.

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2023

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Ares Commercial Real Estate is a commercial mortgage REIT with a diverse portfolio of secured loans. The mREIT remains threatened by declining asset values, particularly in the office, multifamily, and industrial sectors. Weakness in the commercial real estate market, particularly in the office, multifamily, and industrial sectors, poses risks for ACRE and similar funds.

Ares Commercial Real Estate: Still Threatened By Declining Asset Values (Rating Downgrade)

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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) Section 199A Dividends(1) 12/30/2022 1/18/2023 $ 0.3500 (3) $ 0.0000 $ 0.0000 $ 0.0000 $ 0.0000 $ 0.0000 $ 0.0000 3/31/2023 4/18/2023 $ 0.3500 $ 0.3500 $ 0.3500 $ 0.0007 $ 0.0000 $ 0.0000 $ 0.3493 6/30/2023 7/18/2023 $ 0.3500 $ 0.3500 $ 0.3500 $ 0.0007 $ 0.0000 $ 0.0000 $ 0.3493 9/29/2023 10/17/2023 $ 0.3300 $ 0.3300 $ 0.3300 $ 0.0007 $ 0.0000 $ 0.0000 $ 0.3293 12/29/2023 1/17/2024 $ 0.3300 (4) $ 0.3300 $ 0.3300 $ 0.0007 $ 0.0000 $ 0.0000 $ 0.3293 Totals $ 1.3600 $ 1.3600 $ 0.0028 $ 0.0000 $ 0.0000 $ 1.3572 Boxes 1b and 5 are subsets of, and included in, Box 1a Box 2b is a subset of, and included in, Box 2a The entire distribution of $0.3500 per share was treated as taxable in 2022 pursuant to Section 857(b)(9) of the Internal Revenue Code The entire distribution of $0.3300 per share is treated as taxable in 2023 pursuant to Section 857(b)(9) of the Internal Revenue Code The amounts indicated above are not classified as excess inclusion income.

Ares Commercial Real Estate Corporation Announces Tax Reporting Information For Calendar Year 2023

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Ares Commercial Real Estate Corporation has been a core holding in my passive income portfolio for the past two years. The recent negative change in the company's dividend pay-out ratio is a warning sign for passive income investors. The risks have increased to the point where a dividend cut in 2024 is not unlikely, and it may be a good time to sell the stock.

Ares Commercial Real Estate: Dividend Cut Potentially Incoming In 2024 (Rating Downgrade)

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News for Ares Commercial Real Estate Stock (ACRE)