---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-036538"
form_type: "8-K"
ticker: "ACRE"
cik: "0001529377"
company_name: "Ares Commercial Real Estate Corp"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:21:03.885922+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ACRE Q3 GAAP net income $9.2M; Distributable Earnings $13.5M; declares $0.33 dividend

## Summary
- Q3 GAAP net income $9.2M ($0.17/diluted share); Distributable Earnings $13.5M ($0.25/diluted share).
- Resolved one defaulted loan, incurring realized loss of $0.09 per diluted share.
- Declared Q4 2023 cash dividend of $0.33 per common share, payable Jan 17, 2024 to holders of record Dec 29, 2023.
- CEO cites strong liquidity and moderate leverage; company selectively originating new loans.

## SEC filing metadata
- accession: 0001628280-23-036538
- form_type: 8-K
- ticker: ACRE
- cik: 0001529377
- company_name: Ares Commercial Real Estate Corp
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529377/000162828023036538/0001628280-23-036538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529377/000162828023036538/acre-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-036538
- JSON: https://secwatch.observer/filing/0001628280-23-036538.json
- Plain text: https://secwatch.observer/filing/0001628280-23-036538.txt

## Key facts
- Earnings Releases
  Ares Commercial Real Estate Corp reported quarter ended September 30, 2023 results: net income $9.2 million, EPS $0.17 per diluted common share.
  - Period: quarter ended September 30, 2023
  - Net income: $9.2 million
  - EPS: $0.17 per diluted common share
  - Result: reported results
  source text: ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS THIRD QUARTER 2023 RESULTS Third quarter GAAP net income of $9.2 million or $0.17 per diluted common share and Distributable Earnings (1) of $13.5 million or $0.25 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529377/000162828023036538/0001628280-23-036538-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.