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.
Ares Commercial Real Estate Corporation (NYSE:ACRE) reported a GAAP net income of $14.9 million or $0.44 per diluted share, with Core Earnings at $10.5 million or $0.31 per diluted share for Q3 2020. CEO Bryan Donohoe emphasized stable credit performance and liquidity, highlighting that their defensive strategy helped navigate the year’s market downturn. CFO Tae-Sik Yoon noted that 100% of loans made their contractual payments. Additionally, a cash dividend of $0.33 per share was declared on September 16, 2020, and the Q3 earnings call is scheduled for October 29, 2020.
Ares Commercial Real Estate Corporation (NYSE: ACRE) will release its financial results for Q3 2020 on October 29, 2020, prior to the NYSE opening. The company invites interested parties to join a conference call at 12:00 p.m. ET on the same day to discuss these results. Participants can access the call via phone or a live webcast on the company's website. A replay will be available until November 5, 2020. ACRE specializes in financing solutions for commercial real estate, including senior mortgage loans and mezzanine debt.