Every 8-K that Ares Coml Real Estate Corp (ACRE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ACRE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ACRE filings page.
Ares Commercial Real Estate Corporation reported second-quarter 2026 results, including GAAP net income of $4.4 million, or $0.08 per diluted share, and Distributable Earnings of $6.9 million, or $0.12 per diluted share. Total revenue was $14.4 million, with net interest margin of $8.6 million and $5.8 million of revenue from real estate owned.
Loans held for investment had a carrying value of $1.75 billion, within a broader $1.9 billion portfolio including two REO properties. The CECL reserve was $139 million, equal to 8% of loans held for investment, with $130 million of reserves on risk rated 4 and 5 loans, or 34% of those balances. Office loan exposure, measured by outstanding principal, was $442 million, down 16% year over year and nearly 50% over three years.
Book value totaled $489 million, or $8.82 per common share (or $11.33 per share excluding the CECL reserve). The board paid a $0.15 per-share dividend for the second quarter and declared a $0.15 per-share dividend for the third quarter of 2026. During the quarter, the company closed three new senior loans totaling $130 million in commitments, collected $16 million of repayments, and reported available capital of $106 million to support asset resolutions and new investments.
Ares Commercial Real Estate Corporation reported shareholder voting results from its 2026 Annual Meeting of Stockholders held on May 27, 2026. Stockholders elected Class II directors William S. Benjamin and Caroline E. Blakely to serve until the 2029 annual meeting and until their successors are elected and qualify.
Stockholders also ratified Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 36,662,962 votes for, 328,926 against and 2,908,831 abstentions. In addition, they approved, on a non‑binding advisory basis, the compensation of the company’s named executive officers, with 19,848,823 votes for, 2,518,989 against, 283,582 abstentions and 17,249,325 broker non‑votes.
Ares Commercial Real Estate Corporation reported a first quarter 2026 GAAP net loss of $9.6 million, or $(0.17) per diluted share, as higher credit costs and realized loan losses weighed on results. Distributable Earnings were $3.2 million, or $0.06 per diluted share.
Total revenue was $13.5 million, down from $14.9 million a year earlier, as net interest margin declined. The company recorded an $11.1 million provision for current expected credit losses and $3.3 million of realized loan losses, contributing to a $138 million CECL reserve, equal to 8% of loans held for investment.
The portfolio totaled about $1.8 billion across loans and real estate owned, with loans held for investment of $1.63 billion and total assets of $1.84 billion. The board declared a regular cash dividend of $0.15 per common share for the second quarter of 2026, matching the first quarter dividend.
Ares Commercial Real Estate Corporation amended its credit facility with Morgan Stanley Bank, N.A. through subsidiaries ACRC Lender MS LLC and ACRC Lender MS II LLC. The amendment extends the initial maturity date of the Master Repurchase Agreement and Securities Contract to July 16, 2029, with one optional 12‑month extension subject to lender consent, conditions and an extension fee.
The facility commitment was increased from $250 million to $350 million, and an accordion provision allows a further increase of $50 million to as much as $400 million, subject to conditions and an upsize fee. The company also describes this as a direct financial obligation and an off-balance sheet arrangement.
Ares Commercial Real Estate Corporation reported that its subsidiary, ACRC Lender LLC, entered into an amendment to its secured revolving funding facility with City National Bank. The amendment, dated March 10, 2026, extends the facility’s maturity date to December 31, 2026 in exchange for payment of a renewal fee.
This change keeps the existing credit line in place for a longer period, which can help support ongoing lending and investment activities in commercial real estate. The filing also classifies this amendment as both a material definitive agreement and the creation of a direct financial obligation, highlighting its importance to the company’s financing structure.
Ares Commercial Real Estate Corporation reported weak 2025 GAAP results but stronger cash-style earnings and maintained its dividend. For the fourth quarter, GAAP net loss was $(3.9) million, or $(0.07) per diluted share, while Distributable Earnings were $8.5 million, or $0.15 per diluted share. For full year 2025, GAAP net loss was $(0.9) million, or $(0.02) per share, and Distributable Earnings (Loss) were $(6.7) million, or $(0.12) per share.
Book value stood at $9.26 per common share, or $11.57 excluding the $127 million CECL reserve, which equals 8% of loans held for investment. The company collected $572 million of loan repayments during 2025 and originated $486 million of new senior loan commitments, with an additional $150 million closed after year-end.
The portfolio totals about $1.7 billion of loans and REO, with a focus on multifamily, industrial, and office assets, and a high CECL reserve coverage on risk-rated 4 and 5 loans. The board declared a $0.15 per-share cash dividend for the first quarter of 2026, matching the fourth quarter 2025 dividend.
Ares Commercial Real Estate Corporation amended a key financing agreement with Wells Fargo Bank through several subsidiaries. The amendment increases the commitment amount under the Third Amended and Restated Master Repurchase and Securities Contract from $450.0 million to $600.0 million, expanding the size of this warehouse-style credit facility. The company agreed to pay an upsize fee in connection with this increase. This change also constitutes a new direct financial obligation for the company under accounting rules covering such arrangements.
Ares Commercial Real Estate Corporation furnished an update on its latest results. On November 7, 2025, the company announced it issued a press release with financial results for the quarter ended September 30, 2025 and made an earnings presentation available.
Both materials are attached as Exhibit 99.1 (press release) and Exhibit 99.2 (presentation) and were furnished under Items 2.02 and 7.01, not filed. The company’s common stock trades on the NYSE under the symbol ACRE.