{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-21-023253","form_type":"8-K","ticker":"ACRE","cik":"0001529377","company_name":"Ares Commercial Real Estate Corp","filed_at":"2021-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:04:12.917358+00:00","generated_at":"2026-06-28T08:20:32.400300+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ACRE upsizes term loan to $150M, cuts pricing, extends maturity to 2026; CNB facility raised to $75M","bullets":["Term loan increased from $60M to $150M; initial fixed rate 4.50% (down from LIBOR+5.75%).","Term loan maturity extended to November 2026; prepayment premium applies for first 36 months.","CNB revolving facility increased from $50M to $75M; accordion feature removed.","Proceeds used for new loan originations, portfolio growth, and working capital.","CEO cites cost savings from direct execution using internal manager resources."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-21-023253","json":"https://secwatch.observer/filing/0001628280-21-023253.json","markdown":"https://secwatch.observer/filing/0001628280-21-023253.md","text":"https://secwatch.observer/filing/0001628280-21-023253.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529377/000162828021023253/0001628280-21-023253-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529377/000162828021023253/acre-20211112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T08:20:32.400300+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}