Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. Through its national direct origination platform, the Company provides a broad offering of flexible and reliable financing solutions for commercial real estate owners and operators. The Company originates senior mortgage loans, as well as subordinate financings, mezzanine debt and preferred equity, with an emphasis on providing value added financing on a variety of properties located in liquid markets across the United States. Ares Commercial Real Estate Corporation elected and qualified to be taxed as a real estate investment trust and is externally managed by a subsidiary of Ares Management Corporation.
Company profile
Ticker
ACRE
Exchange
Website
CEO
Bryan Donohoe
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ACRC Holdings LLC • ACRC Lender LLC • ACRC Lender C LLC • ACRC Lender W LLC • ACRC Lender W TRS LLC • ACRC 2017-FL3 Holder LLC • ACRC Lender ML LLC • ACRC Mezz Holdings LLC • ACRC Warehouse Holdings LLC • ACRC 2017-FL3 Holder I L.P. ...
IRS number
453148087
ACRE stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
19 Dec 22
10-Q
2022 Q3
Quarterly report
2 Nov 22
8-K
Ares Commercial Real Estate Corporation Reports Third Quarter 2022 Results
2 Nov 22
10-Q
2022 Q2
Quarterly report
28 Jul 22
8-K
Ares Commercial Real Estate Corporation Reports Second Quarter 2022 Results
28 Jul 22
EFFECT
Notice of effectiveness
27 Jul 22
S-3/A
Shelf registration (amended)
22 Jul 22
CORRESP
Correspondence with SEC
22 Jul 22
UPLOAD
Letter from SEC
7 Jul 22
S-3
Shelf registration
30 Jun 22
Transcripts
ACRE
Earnings call transcript
2022 Q2
29 Jul 22
ACRE
Earnings call transcript
2022 Q1
3 May 22
ACRE
Earnings call transcript
2021 Q4
15 Feb 22
ACRE
Earnings call transcript
2021 Q3
4 Nov 21
ACRE
Earnings call transcript
2021 Q2
30 Jul 21
ACRE
Earnings call transcript
2021 Q1
5 May 21
ACRE
Earnings call transcript
2020 Q4
18 Feb 21
ACRE
Earnings call transcript
2020 Q3
29 Oct 20
ACRE
Earnings call transcript
2020 Q2
9 Aug 20
ACRE
Earnings call transcript
2020 Q1
8 May 20
Latest ownership filings
SC 13G/A
BlackRock Inc.
3 Feb 23
4
ANTON FEINGOLD
12 Jan 23
4
Bryan Patrick Donohoe
12 Jan 23
4
Tae Sik Yoon
9 Dec 22
4
ANTON FEINGOLD
9 Dec 22
4
Bryan Patrick Donohoe
9 Dec 22
4
William Browning
27 Apr 22
4
Caroline Blakely
27 Apr 22
4
Edmond N. Moriarty III
27 Apr 22
4
Rebecca Jaisali Parekh
27 Apr 22
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Institutional ownership, Q3 2022
43.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 145 |
| Opened positions | 13 |
| Closed positions | 22 |
| Increased positions | 64 |
| Reduced positions | 39 |
| 13F shares | Current |
|---|---|
| Total value | 248.24 mm |
| Total shares | 23.72 mm |
| Total puts | 50.60 k |
| Total calls | 150.30 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 4.29 mm | $44.88 mm |
| Vanguard | 2.70 mm | $28.26 mm |
| JPM JPMorgan Chase & Co. | 1.90 mm | $19.91 mm |
| 1832 Asset Management | 1.58 mm | $16.49 mm |
| Geode Capital Management | 936.00 k | $9.78 mm |
| Mirae Asset Global Investments | 924.81 k | $9.66 mm |
| Boston Partners | 824.47 k | $8.86 mm |
| Millennium Management | 706.04 k | $7.38 mm |
| Balyasny Asset Management | 619.94 k | $6.48 mm |
| Smith, Graham & Co., Investment Advisors | 600.40 k | $6.27 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Jan 23 | Bryan Patrick Donohoe | Common Stock | Sell | Dispose S | No | No | 10.91 | 15,072 | 164.44 k | 157,282 |
| 10 Jan 23 | Feingold Anton | Common Stock | Sell | Dispose S | No | No | 10.87 | 3,166 | 34.41 k | 53,865 |
| 8 Dec 22 | Bryan Patrick Donohoe | Common Stock | Grant | Acquire A | No | No | 0 | 64,000 | 0.00 | 172,354 |
| 8 Dec 22 | Feingold Anton | Common Stock | Grant | Acquire A | No | No | 0 | 19,500 | 0.00 | 57,031 |
| 8 Dec 22 | Tae Sik Yoon | Common Stock | Grant | Acquire A | No | No | 0 | 40,000 | 0.00 | 179,253 |