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Companies / Real Estate / Ares Commercial Real Estate Corp
ACRE

Ares Commercial Real Estate Corp

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

Ares Commercial Real Estate Corporation (NASDAQ: ACRE) operates as a commercial real estate lender providing capital to real estate sponsors and operators throughout the United States. The company's website is www.aresco.com. From the company’s description.

Fiscal year 2025Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$54.83M
−21.3% year over year
Last 12 mo $55.14M
0.00%
$-0.90M
+97.4% year over year
Last 12 mo $-4.44M
-0.18%
+6.3 percentage points
Last 12 mo -0.91%
Cash & financing
$21.35M
−39.9% year over year
Last 12 mo $15.40M
$19.72M
−44.0% year over year
Last 12 mo $13.21M
2.06
Was 2.17× a year earlier
Last 12 mo 2.58
54.9M
+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 (NASDAQ: ACRE) operates as a commercial real estate lender providing capital to real estate sponsors and operators throughout the United States. The company's website is www.aresco.com.

ACRE specializes in originating, acquiring, and managing commercial real estate loans secured by stabilized and transitional office, retail, self-storage, student housing, industrial, and multifamily properties. The company operates through its warehouse lending platform, which functions as a bridge between loan origination and capital markets securitization. This business model allows ACRE to accumulate pools of commercial real estate loans that are subsequently securitized and sold to investors, generating fee income while maintaining servicing rights and other economic interests in the underlying assets.

The company's primary revenue sources include interest income from its loan portfolio, gains on sales of securitized loans, servicing fees, and other ancillary revenues. ACRE maintains a diversified portfolio across multiple property types and geographic markets, reducing concentration risk in any single asset class or region. The company employs a disciplined underwriting process and maintains active portfolio management to identify and mitigate credit risks.

ACRE's business model benefits from several competitive advantages, including established relationships with institutional capital providers, expertise in commercial real estate credit analysis and underwriting, and operational infrastructure supporting loan origination and securitization activities. The company leverages its parent company Ares Management L.P.'s broader platform and capital resources to support its lending operations.

The warehouse lending platform represents a significant component of ACRE's operations, utilizing repurchase agreements with financial institutions like Wells Fargo Bank to finance its loan inventory. These financing arrangements, documented through master repurchase agreements, provide the capital necessary to fund new loan originations while loans are accumulated for securitization. The company's ability to efficiently manage this warehouse financing and execute timely securitizations is critical to its operational success and profitability.

Company details
Sector
Real Estate
Industry
REITs
Headquarters
NEW YORK, NY
CIK
1529377
SIC
6798

Financial performance, year by year

Fiscal 2013–2025 · USD
$-53.44M$-9.72M$33.99M$77.71M$121.42M2013201420152016201720182019202020212022202320242025Last 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
0.01%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?”
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