Company Ares Commercial Real Estate Corporation

Equities

ACRE

US04013V1089

Specialized REITs

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6.93 USD +1.76% Intraday chart for Ares Commercial Real Estate Corporation +7.78% -33.11%

Business Summary

Ares Commercial Real Estate Corporation is a specialty finance company. The Company is primarily engaged in originating and investing in commercial real estate (CRE) loans and related investments. The Company operates through its segment, which is primarily focused on directly originating and managing a diversified portfolio of CRE debt-related investments for the Company’s own account. The Company’s target investments include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investments, including commercial mortgage-backed securities. These investments are generally held for investment and are secured, directly or indirectly, by office, multifamily, retail, industrial, lodging, self-storage, student housing, residential, and other commercial real estate properties, or by ownership interests therein. The Company’s portfolio is externally managed by Ares Commercial Real Estate Management LLC (the Manager).

Sales per Business

USD in Million2022Weight2023Weight Delta
Commercial Real Estate Loans and Related Investments
100.0 %
107 100.0 % 93 100.0 % -13.03%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
107 100.0 % 93 100.0 % -13.03%

Managers

Managers TitleAgeSince
Chief Executive Officer 45 19-12-04
President 57 19-07-21
Director of Finance/CFO 56 12-07-08
Investor Relations Contact - 12-12-31
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Comptroller/Controller/Auditor - -
General Counsel 43 14-03-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 16-04-24
Director/Board Member 73 16-04-24
Director/Board Member 51 11-08-31
Chairman 60 -
Director/Board Member 69 14-02-18
Director/Board Member 70 14-01-31
Director/Board Member 63 18-04-23
Director/Board Member 44 21-12-15

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 54,422,613 50,769,485 ( 93.29 %) 0 93.29 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
8.544 %
4,649,801 8.544 % 35 M $
Vanguard Fiduciary Trust Co.
5.051 %
2,748,768 5.051 % 20 M $
2,136,010 3.925 % 16 M $
1,230,341 2.261 % 9 M $
Geode Capital Management LLC
2.165 %
1,178,497 2.165 % 9 M $
Invesco Advisers, Inc.
2.150 %
1,170,230 2.150 % 9 M $
Wellington Management Co. LLP
1.699 %
924,629 1.699 % 7 M $
711,545 1.307 % 5 M $
Global X Management Co. LLC
1.303 %
708,870 1.303 % 5 M $
Arete Wealth Advisors LLC
1.241 %
675,137 1.241 % 5 M $

Company contact information

Ares Commercial Real Estate Corp.

245 Park Avenue 42nd floor

10167, New York

+212 750 7300

http://www.arescre.com
address Ares Commercial Real Estate Corporation(ACRE)
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