secwatch.observer — SEC 8-K summary
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Issuer:     Ares Commercial Real Estate Corp (ACRE)
CIK:        0001529377
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0001628280-21-014950
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACRE Q2 GAAP net income $0.43/sh; Distributable EPS $0.37; $311M new loan commitments
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- GAAP net income $17.6M ($0.43 per diluted share); Distributable Earnings $15.1M ($0.37 per diluted share).
- Distributable EPS up 16% YoY; book value per share increased for fourth consecutive quarter.
- Closed $311M new loan commitments in Q2; additional $254M in July 2021.
- Declared Q3 2021 regular dividend $0.33/sh plus supplemental $0.02/sh, payable Oct 15, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529377/000162828021014950/0001628280-21-014950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529377/000162828021014950/acre-20210730.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-014950

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer