ACRE
Company Description
Ares Commercial Real Estate Corporation (ACRE) functions as a specialized financial institution, primarily engaged in developing and investing in a diverse portfolio of commercial real estate (CRE) debt and associated investments throughout the United States. The company offers a broad spectrum of funding options designed for the owners, operators, and sponsors of commercial properties. ACRE's investment activities encompass originating senior mortgage loans, various subordinate debt products, hybrid mezzanine financing, preferred equity stakes in real estate, and other CRE-related assets, including commercial mortgage-backed securities (CMBS). For federal tax purposes in the U.S., ACRE has opted for and qualifies as a Real Estate Investment Trust (REIT) in accordance with the Internal Revenue Code of 1986. The firm's operations are managed by Ares Commercial Real Estate Management LLC. ACRE was established in 2011 and its main office is situated in New York, New York.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 85.35M | 87.80M | 1.10M | 109.05M | 102.07M | 78.69M | 77.26M | 55.28M | 46.35M | 45.11M | 84.31M | 63.78M |
| Net Income | (902,000) | (34.99M) | (38.87M) | 29.79M | 60.46M | 21.84M | 36.99M | 38.60M | 30.41M | 40.34M | 34.28M | 24.40M |
| EPS | -0.02 | -0.64 | -0.72 | 0.58 | 1.43 | 0.66 | 1.29 | 1.35 | 1.07 | 1.42 | 1.20 | 0.86 |
| Free Cash Flow | 19.72M | 35.55M | 46.79M | 57.16M | 48.21M | 31.49M | 30.77M | 39.22M | 31.27M | 8.18M | 274.92M | (226.00M) |
| FCF / Share | 0.36 | 0.65 | 0.86 | 1.11 | 1.14 | 0.95 | 1.08 | 1.37 | 1.10 | 0.29 | 9.65 | -7.94 |
| Operating CF | 21.35M | 35.55M | 46.79M | 57.16M | 48.35M | 31.76M | 32.45M | 39.22M | 31.27M | 8.54M | 275.52M | (222.91M) |
| Total Assets | 1.62B | 1.75B | 2.28B | 2.52B | 2.63B | 1.93B | 1.78B | 1.60B | 1.77B | 1.37B | 1.38B | 1.87B |
| Total Debt | 1.05B | 1.17B | 1.62B | 1.74B | 1.90B | 1.43B | 1.34B | 379.08M | 378.81M | 149.88M | 629.41M | 1.12B |
| Cash & Equiv | 29.29M | 63.80M | 110.46M | 141.28M | 50.62M | 74.78M | 5.26M | 11.09M | 28.34M | 47.27M | 8.99M | 16.55M |
| Book Value | 509.57M | 540.13M | 625.85M | 747.54M | 678.63M | 473.01M | 426.34M | 425.59M | 419.17M | 419.03M | 409.47M | 402.95M |
| Return on Equity | -0.00 | -0.06 | -0.06 | 0.04 | 0.09 | 0.05 | 0.09 | 0.09 | 0.07 | 0.10 | 0.08 | 0.06 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 27.48M | 29.29M | 27.25M | (4.33M) | 14.95M | (490,000) | 10.89M | 410,000 | (26.04M) | 16.56M | 19.00M | 24.99M |
| Net Income | (9.61M) | (3.87M) | 4.65M | (11.04M) | 9.35M | (10.66M) | (5.88M) | (6.12M) | (12.32M) | (39.41M) | 9.18M | (2.20M) |
| EPS | -0.17 | -0.07 | 0.08 | -0.20 | 0.17 | -0.20 | -0.11 | -0.11 | -0.23 | -0.73 | 0.17 | -0.04 |
| Free Cash Flow | (57.14M) | 4.33M | 3.44M | 3.96M | 8.00M | 7.07M | 8.43M | 8.67M | 11.38M | 10.09M | 13.55M | 11.90M |
| FCF / Share | -1.03 | 0.08 | 0.06 | 0.07 | 0.15 | 0.13 | 0.15 | 0.16 | 0.21 | 0.19 | 0.25 | 0.22 |
| Operating CF | (56.61M) | 4.63M | 3.84M | 4.88M | 8.01M | 7.07M | 8.43M | 8.67M | 11.38M | 10.09M | 13.55M | 11.90M |
| Total Assets | 1.84B | 1.62B | 1.39B | 1.44B | 1.52B | 1.75B | 1.94B | 2.07B | 2.11B | 2.28B | 2.36B | 2.40B |
| Total Debt | 1.27B | 1.05B | 809.89M | 888.21M | 944.81M | 1.17B | 1.34B | 1.46B | 1.48B | 1.62B | 1.64B | 1.67B |
| Cash & Equiv | 86.16M | 29.29M | 84.87M | 89.98M | 125.50M | 63.80M | 68.88M | 70.65M | 99.52M | 110.46M | 61.02M | 142.60M |
| Book Value | 492.42M | 509.57M | 520.98M | 523.70M | 542.14M | 540.13M | 563.75M | 582.26M | 601.09M | 625.85M | 682.96M | 691.19M |
| Return on Equity | -0.02 | -0.01 | 0.01 | -0.02 | 0.02 | -0.02 | -0.01 | -0.01 | -0.02 | -0.06 | 0.01 | -0.00 |
