Welcome to our dedicated page for Ares Coml Real Estate news (Ticker: ACRE), a resource for investors and traders seeking the latest updates and insights on Ares Coml Real Estate stock.
Ares Commercial Real Estate Corporation (NYSE: ACRE) is a specialty finance REIT that focuses on directly originating and investing in commercial real estate loans and related investments. Its news flow centers on how this commercial real estate lending platform performs over time, with regular updates on earnings, portfolio activity and capital management decisions.
On this page, readers can follow press releases in which Ares Commercial Real Estate Corporation reports quarterly and annual financial results, including GAAP net income (loss) attributable to common stockholders and its non-GAAP Distributable Earnings (Loss) metric. These releases typically discuss net interest margin, revenue from real estate owned, provisions or reversals of current expected credit losses, realized losses on loans and other items that shape the company’s performance as a commercial real estate lender.
Company news also highlights developments in its loan portfolio and balance sheet, such as new loan commitments, borrower repayments, changes in available capital and efforts to resolve higher-risk or underperforming loans. Ares Commercial Real Estate Corporation frequently comments on liquidity, de-leveraging, and the composition of its real estate owned, providing insight into how it navigates the commercial real estate credit environment.
In addition, investors can track announcements about regular cash dividends on the company’s common stock, including declared amounts, record dates and payment dates, as well as tax reporting information for distributions. The company also issues notices about upcoming earnings releases, conference calls and webcasts, giving details on how to access live and archived presentations. For anyone monitoring ACRE, this news feed offers an organized view of the company’s reported results, portfolio actions, dividend decisions and financing updates over time.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Ares Commercial Real Estate Corporation (NYSE: ACRE) will report its first-quarter earnings for the period ending March 31, 2023, on May 2, 2023, before the NYSE opening. A conference call to discuss the results is scheduled for the same day at 10:00 a.m. Eastern Time. Investors can participate via telephone or a live webcast that will be accessible on the company’s website. A replay of the call will be available until May 30, 2023. Ares Commercial focuses on originating and investing in commercial real estate loans and is managed by a subsidiary of Ares Management Corporation. The company qualifies as a real estate investment trust, emphasizing flexible financing solutions for commercial property owners in the United States.
Ares Commercial Real Estate Corporation (NYSE:ACRE) reported strong fourth quarter 2022 results, with GAAP net income of $2.9 million ($0.05 per diluted share) and Distributable Earnings of $23.9 million ($0.44 per diluted share).
For the full year, GAAP net income was $29.8 million ($0.57 per diluted share) and Distributable Earnings totaled $80.7 million ($1.55 per diluted share). The company declared a first quarter 2023 cash dividend of $0.33 per common share, alongside a supplemental dividend of $0.02 per common share.
Ares emphasized its strong liquidity and reduced leverage while preparing for potential market challenges ahead.
Ares Commercial Real Estate Corporation (NYSE: ACRE) announced the 2022 tax treatment of its common stock distributions. Shareholders received a cash distribution of $0.3500 per share, with total distributions amounting to $1.4000. The entire distribution was classified as taxable for the year 2022 under Section 857(b)(9) of the Internal Revenue Code. The company reported a total allocable distribution of $1.3648, with no amounts listed for taxable ordinary dividends or capital gain distributions. Ares Commercial Real Estate Corporation specializes in commercial real estate loans, aiming to provide flexible financing solutions across the U.S.
Ares Commercial Real Estate Corporation (NYSE: ACRE) will announce its earnings for Q4 and full year ended December 31, 2022, on February 15, 2023, before the NYSE opening. A conference call will take place at 12:00 PM ET the same day to discuss these results. Interested parties can join via telephone or live webcast, with an archive available until March 15, 2023. ACRE specializes in commercial real estate loans, including senior mortgages and mezzanine debt, focusing on value-added financing across the U.S.
FAQ
What is the current stock price of Ares Coml Real Estate (ACRE)?
What is the market cap of Ares Coml Real Estate (ACRE)?
