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Companies / Financials / Ares Commercial Real Estate Corp
ACRE

Ares Commercial Real Estate Corp

Ticker ACRENEW YORK, NYBook value per share $8.84Diluted shares 55.3M

Ares Commercial Real Estate Corporation (NYSE: ACRE) is a specialty finance company that primarily originates and invests in commercial real estate loans and related investments, generally holding loans to earn interest and related income. It provides customized financing to commercial real estate borrowers whose… From the company’s description.

Over the twelve months to Jun 30, 2026, Ares Commercial Real Estate Corp reported revenue of $55.14M, down 10.6% from a year earlier, and a net loss of $4.43M. Its operating margin was 31.9%, and operations generated $15.40M in cash. In fiscal 2025, it reported revenue of $54.83M, down 21.3% from fiscal 2024, and a net loss of $0.90M.

Fiscal year 2025Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$54.83MFY2025
−21.3% year over year
Last 12 mo $55.14M
24.48%FY2025
Last 12 mo 31.94%
$-0.90MFY2025
+97.4% year over year
Last 12 mo $-4.43M
-0.18%FY2025
+6.3 percentage points
Last 12 mo -0.91%
Cash & financing
$21.35MFY2025
−39.9% year over year
Last 12 mo $15.40M
$19.72MFY2025
−44.0% year over year
Last 12 mo $13.21M
2.06FY2025
Was 2.17× a year earlier
Last 12 mo 2.58
54.9MFY2025
+0.8% year over year
Last 12 mo 55.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ares Commercial Real Estate Corp does

In the company’s own words

Ares Commercial Real Estate Corporation (NYSE: ACRE) is a specialty finance company that primarily originates and invests in commercial real estate loans and related investments, generally holding loans to earn interest and related income. It provides customized financing to commercial real estate borrowers whose capital needs may not be met by traditional banks or capital markets, including borrowers pursuing property improvement plans. Its investments include senior mortgage loans, subordinated debt, mezzanine loans, preferred equity and, to a lesser extent, commercial mortgage-backed securities and other real estate-related investments. The company is externally managed by Ares Commercial Real Estate Management LLC, a subsidiary of Ares Management Corporation, and has no employees of its own. It began operations in 2011 and completed its initial public offering in 2012; it operates as a real estate investment trust. As of December 31, 2025, its outstanding balance under financing agreements was $948.2 million. Its website is www.arescre.com.

Company details
Sector
Financials
Industry (SIC)
REITs
Headquarters
NEW YORK, NY
CIK
1529377
SIC
6798

Financial performance, year by year

Fiscal 2012–2025 · USD
$-53.44M$-9.72M$33.99M$77.71M$121.42M20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ares Commercial Real Estate Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

98
funds hold it
0 of 35
superinvestors hold it
$45.36M
held by funds, at market
17.6%
of shares held by funds

Largest fund holders · Ares Commercial Real Estate Corp’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
VanEck Mortgage REIT Income ETF
MORT · VanEck ETF Trust
0.68%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Ares Commercial Real Estate Corp and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Ares Commercial Real Estate Corp's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Ares Commercial Real Estate Corp's last four quarterly filings that the numbers alone won't show?”
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