|
|
|
|
|
|
|
|
|
07.11.25 - 12:06
|
Ares Commercial Real Estate Corporation Reports Third Quarter 2025 Results (Business Wire)
|
|
|
Third quarter GAAP net income of $4.7 million or $0.08 per diluted common share and Distributable Earnings(1) of $5.5 million or $0.10 per diluted common share
- Subsequent to the three months ended September 30, 2025 -
Closed $271 million of new loan commitments
Declared fourth quarter 2025 dividend of $0.15 per common share
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income of $4.7 million or $0.08 per diluted common share and Distributable Earnings(1) of $5.5 million or $0.10 per diluted common share for the third quarter of 2025.
“In the third quarter, we delivered increased sequential earnings and stable CECL reserve and book values, while continuing to strengthen our financial flexibility by addressing risk rated 4 and 5 loans and reducing office loans,” said...
|
|
|
|
|
30.10.25 - 21:36
|
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2025 (Business Wire)
|
|
|
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, 2025 on Friday, November 7, 2025 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, 2025 financial results.
All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing +1 (800) 225-9448. International callers can access the conference call by dialing +1 (203) 518-9708. Please provide passcode ACREQ325. All callers are asked to dial in 10-15 minutes prior to the call so that name and co...
|
|
|
28.10.25 - 09:18
|
Ares Management and Slate Asset Management to Acquire Polish Real Estate Portfolio Valued at Over €300 Million From Trei Real Estate (Business Wire)
|
|
|
LONDON--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, and Slate Asset Management (“Slate”), a global investor and manager focused on essential real estate and infrastructure, today announced that a joint venture between Ares Real Estate funds (“Ares Real Estate”) and Slate has agreed to acquire a portfolio of 36 properties in Poland (the “Portfolio”) from Trei Real Estate, an internationally active developer and asset manager. The Portfolio is valued at over €300 million.
The Portfolio comprises 36 recently developed and fully occupied convenience-led retail parks strategically located across major Polish metropolitan areas near large catchment populations. The assets are inflation-protected through CPI-linked lease agreements underpinned by tenants with strong covenants. Most of the Portfolio's income is derived from large regional retailers and essential goods providers, including grocers and pharmacies.
“This tr...
|
|
|
20.10.25 - 12:36
|
Ares Management Appoints Bill Benjamin to Vice Chairman Role (Business Wire)
|
|
|
Julie Solomon to Continue Leading Growth of Real Estate BusinessNEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has appointed Bill Benjamin, current Co-Head of Ares Real Estate, to the newly created position of Vice Chairman of Ares, effective January 1, 2026. The Ares Real Estate team will continue to be led by Julie Solomon as the global Head of Real Estate.
In his role as Vice Chairman, Mr. Benjamin will report to Kipp deVeer and Blair Jacobson, Co-Presidents of Ares, and will remain based in London. He will continue to focus on partnering with Real Estate leadership on strategic initiatives and relationships, including the ongoing integration of GCP International, while supporting Ares' senior leadership team on firmwide initiatives. Mr. Benjamin will also continue to serve as Chairman of the Ares Commercial Real Estate Corporation and Ares Industrial Real Estate Income Trust Boards of Directors...
|
|
|
30.09.25 - 15:18
|
Oxford Finance Strengthens ABL Platform with Appointment of Brock Johnson to Lead Underwriting (Business Wire)
|
|
|
ALEXANDRIA, Va.--(BUSINESS WIRE)--Oxford Finance LLC (“Oxford” or the “Company”), a leading specialty finance firm, is pleased to announce the appointment of Brock Johnson to lead Underwriting for its newly created Asset Based Lending (“ABL”) division. In this role, Mr. Johnson will lead the firm's ABL credit strategy, overseeing deal structuring, credit analysis, and risk management. This key addition strengthens Oxford's growing ABL platform and reinforces the Company's commitment to delivering thoughtful, credit-driven financing solutions to middle-market borrowers.
Brock Johnson brings nearly 20 years of experience in commercial finance and underwriting, with a strong track record of structuring and managing complex asset-based credit facilities. Prior to joining Oxford, Mr. Johnson served as a Managing Director at Ares Commercial Finance, where he was a member of the investment committee and responsible for evaluating and executing ABL transactions across a range of industries.
“We'...
|
|
|
18.09.25 - 14:09
|
J.S. Held Secures $24.4M Refinance for GRO-WELL Brands (PR Newswire)
|
|
|
JERICHO, N.Y., Sept. 18, 2025 /PRNewswire/ -- Global consulting firm J.S. Held announces that GRO-WELL® Brands, Inc., one of the largest green waste recycling companies in the Southwestern U.S., successfully closed a $24.4 million refinancing on August 28, 2025, agented by Ares Commercial......
|
|
|
|
|
|
|
|
|
|
|
05.08.25 - 12:06
|
Ares Commercial Real Estate Corporation Reports Second Quarter 2025 Results (Business Wire)
|
|
|
Second quarter GAAP net income (loss) of $(11.0) million or $(0.20) per diluted common share and Distributable Earnings (Loss)(1) of $(27.9) million or $(0.51) per diluted common share
- Subsequent to the three months ended June 30, 2025 -
Closed $43 million of new loan commitments
Declared third quarter 2025 dividend of $0.15 per common shareNEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income (loss) of $(11.0) million or $(0.20) per diluted common share and Distributable Earnings (Loss)(1) of $(27.9) million or $(0.51) per diluted common share for the second quarter of 2025.
“In the second quarter, we continued to use the strength of our balance sheet to accelerate resolutions of risk rated 4 and 5 loans and reduction of our office loans, which we believe further st...
|
|
|
|
|
22.07.25 - 22:33
|
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2025 (Business Wire)
|
|
|
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, 2025 on Tuesday, August 5, 2025 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, 2025 financial results.
All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing +1 (800) 225-9448. International callers can access the conference call by dialing +1 (203) 518-9708. Please provide passcode ACREQ225. All callers are asked to dial in 10-15 minutes prior to the call so that name and company inf...
|
|
|
|
|
|
|
28.05.25 - 15:33
|
Ares Commercial Finance and Ansley Park Capital Provide Asset Based and Equipment Financing to Shimmick Corporation (Business Wire)
|
|
|
NEW YORK--(BUSINESS WIRE)--#AnsleyParkCapital--Ares Commercial Finance (“ACF”) announced today that it has provided a $15 million senior secured revolving line of credit to Shimmick Corporation (“Shimmick” or the “Company”), an Irvine, California-based infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation. Ansley Park Capital (“Ansley Park”), an affiliate of Ares Management, provided a complementary $15 million machinery and equipment term loan, the combination of which delivered a complete financing solution.
“Our goal from the beginning was to provide Shimmick with a one-stop solution for working capital and equipment finance needs,” said Mitch Drucker, Partner, Ares Commercial Finance. “Ares and Ansley Park worked in lockstep to customize a credit facility that met Shimmick's immediate and longer-term financing goals. We look forward to supporting the Company as they manage their robust pipeline of projects in 2025 and be...
|
|