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.

Commercial real estate industry is facing macro headwinds with falling prices, elevated rates, and increasing delinquency rates for CRE bank loans. Ares Commercial Real Estate Corporation maintains resilience with stable credit performance and a well-managed portfolio. ACRE offers a double-digit dividend yield and is trading at a 25% discount to book value, making it an attractive investment for optimistic investors.

14%-Yielding Ares Commercial Real Estate: We're Beyond The Sweet Spot

Ares Commercial Real Estate Corporation (NYSE:ACRE ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 PM ET Company Participants John Stilmar - Managing Director, IR Bryan Donohoe - CEO Tae-Sik Yoon - CFO Conference Call Participants Sarah Barcomb - BTIG Steve DeLaney - JMP Securities Donald Fandetti - Wells Fargo Jade Rahmani - KBW Stephen Laws - Raymond James Richard Shane - JPMorgan Operator Good morning. Welcome to Ares Commercial Real Estate Corporation's Third Quarter September 30, 2023 Earnings Conference Call.

Ares Commercial Real Estate Corporation (ACRE) Q3 2023 Earnings Call Transcript

Ares Commercial Real Estate (ACRE) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.39 per share a year ago.

Ares Commercial Real Estate (ACRE) Surpasses Q3 Earnings Estimates

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 of $9.2 million or $0.17 per diluted common share and Distributable Earnings(1) of $13.5 million or $0.25 per diluted common share for the third quarter of 2023. “During the third quarter, we continued to operate with significant liqu.

Ares Commercial Real Estate Corporation Reports Third Quarter 2023 Results

Ares Commercial Real Estate (ACRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Ares Commercial Real Estate (ACRE) Q3 Earnings Expected to Decline

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35 September Readers-Noted, And 27 Ideal-To-Buy, Dividend Dogs

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the third quarter ended September 30, 2023 on Friday, November 3, 2023 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 10:00 a.m. Eastern Time to discuss its third quarter ended September 30, 2023 financial results. All interested parties are invited to participate vi.

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2023

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A Defensive Dividend That Pays A Massive 13% Yield: Ares Commercial RE

Commercial property prices are declining rapidly, with office properties being the most affected segment. Commercial real estate transaction volumes and sales of commercial mortgage bonds have significantly decreased. Ares Commercial Real Estate has lost considerable value and faces delinquency-related strains as mortgage rates peak.

Ares Commercial Real Estate: Loan Losses Expected To Soar As Property LTVs Rise

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Big Dividend Yields Going Higher, Dumb Debt, And Snark

Ares Commercial Real Estate Corporation's dividend coverage improved in Q2, but risks have increased due to paying out all distributable earnings and narrowing the stock price-book value gap. The company has stopped paying its supplemental dividend since 2022, leading to a more risk-averse stance and a downgrade to a Hold classification. ACRE's loan portfolio is dependent on the overall health of the commercial real estate market, which is facing headwinds and potential borrower defaults.

Ares Commercial Real Estate: Enticing 12.6% Yield, But No Longer A Buy (Downgrade)

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Prior to August 31, 2023, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PFE, PBR, O, T, BRSP, BTI, PRB.A, VOD, WBA, and MITT, averaged 48.7% net gains from reader data collected 8/18/23. Ten analyst-target-augured August TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: MMM, KHC, BRSP, T, O, PFE, BTI, VOD, WBA, & MITT boasting a 46.54% average target price upside estimate.

Readers Post 32 August Dividend Buy Candidates

NEW YORK, NY / ACCESSWIRE / September 6, 2023 / Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that its Chief Executive Officer, Bryan Donohoe, and its Chief Financial Officer, Tae-Sik Yoon, will present at the BofA 2023 Global Real Estate Conference on Wednesday, September 13, 2023 at 1:25pm ET. A live audio webcast of the panel presentation will be available in the Investor Resources section of the Company's website at www.arescre.com.

Ares Commercial Real Estate Corporation to Present at the BofA 2023 Global Real Estate Conference

Commercial real estate markets worldwide are facing challenges as a decade of low borrowing costs comes to an end. The UK, US, Continental Europe, and Hong Kong are experiencing issues in their commercial real estate sectors. The Ares Commercial Real Estate Corporation is a specialized finance company with a 13% dividend yield, but its sustainability in the current environment is questionable.

Ares Commercial Real Estate: Yielding 13% With Significant Risks

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Readers Post 20 July Dividend Buys

Ares Commercial Real Estate stock price has fallen by 27% in the past year due to company-specific and macroeconomic concerns. Its portfolio is made up of 98% senior loans and the stock currently trades at a substantial discount to book value. Despite concerns about exposure to office loans, ACRE has stable non-accrual levels and a strong balance sheet, offering appealing value with a dividend yield of 13.7%.

14%-Yielding Ares Commercial Real Estate: The Market Is Way Too Pessimistic

Commercial real estate companies have suffered due to predictions of a collapse, but experts recognize that this crisis has not yet occurred. BrightSpire Capital (BRSP) has acquired properties through foreclosure, and their current book value reflects a potential increase in value if the properties are leased up. Ares Commercial Real Estate (ACRE) has a conservative approach, with low leverage and the potential for future dividend growth. They are selectively opportunistic in their loan origination.

Buy The Dip When Blood Is In The Street

Ares Commercial Real Estate Corporation (NYSE:ACRE ) Q2 2023 Earnings Conference Call August 2, 2023 12:00 PM ET Company Participants John Stilmar - Managing Director, Investor Relations Bryan Donohoe - Chief Executive Officer Tae-Sik Yoon - Chief Financial Officer Conference Call Participants Rick Shane - JPMorgan Sarah Barcomb - BTIG Doug Harter - Credit Suisse Steve DeLaney - JMP Securities Jade Rahmani - KBW Derek Hewett - Bank of America Operator Good afternoon. Welcome to the Ares Commercial Real Estate Corporation's Second Quarter June 30, 2023 Earnings Conference Call.

Ares Commercial Real Estate Corporation (ACRE) Q2 2023 Earnings Call Transcript

Ares Commercial Real Estate (ACRE) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.38 per share a year ago.

Ares Commercial Real Estate (ACRE) Tops Q2 Earnings and Revenue Estimates

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 loss of $2.2 million or $0.04 per diluted common share and Distributable Earnings(1) of $19.0 million or $0.35 per diluted common share for the second quarter of 2023. “Our second quarter 2023 results demonstrate that our portfolio continues.

Ares Commercial Real Estate Corporation Reports Second Quarter 2023 Results

ACRE yields 12.94%. Net Interest Margin rose 24% in Q1 '23. It has lower debt leverage than its peers.

Ares Commercial Real Estate: 13% Yield, Rising Rate Tailwinds

Ares Commercial Real Estate stock has seen a remarkable recovery since its post-FQ1 earnings low in May, with a price-performance return of nearly 50%. Despite challenges with its four- and five-rated loans and a significant percentage of its portfolio in the embattled office segment, ACRE has bottomed out. ACRE has sufficient liquidity to make accretive investments and expects to maintain its current level of regular and supplemental quarterly cash dividends for the remainder of the year.

Ares Commercial: High Dividends Don't Lie And The Worst Is Likely Over

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Prior to June 30, 2023, my readers mentioned 42 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: GGB, PFE, VFC, SB, GSL, BTI, PDM, PBR, SBSW, and IPOOF, averaged 65.57% net gains from reader data collected 7/17/23. Ten analyst-target-augured June TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: BRSP, GGB, PFE, VFC, SB, PDM, BPI, GSL, SBSW, & IPOOF boasting a 55.56% average target price upside estimate.

Readers Reveal 30 June Dividend Buys

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the second quarter ended June 30, 2023 on Wednesday, August 2, 2023 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 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2023 financial results. All interested parties are invited to participate via telep.

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2023

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