Ares Commercial Real Estate corrects risk classification error in Q1 2022 10-Q

Ares Commercial Real Estate Corp

Error in risk rating table in Note 4 (CECL) of the March 31, 2022 10-Q, filed May 3, 2022.
Corrected table shows risk ratings 1-5 for loans by year of origination; total carrying value unchanged at $2.422B.
Only the risk classification table is corrected; no other changes to the Form 10-Q.
Risk rating 3 (watch list) largest category at $1.431B; rating 4 (criticized) at $162.7M.

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