---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-034915"
form_type: "8-K"
ticker: "ACRE"
cik: "0001529377"
company_name: "Ares Commercial Real Estate Corp"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:15:05.236107+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ares Commercial Real Estate posts Q2 net loss $0.11/share; appoints new CFO and COO

## Summary
- GAAP net loss of $6.1M ($0.11 per diluted share); Distributable Earnings loss of $6.6M ($0.12 per share).
- Q3 2024 dividend declared $0.25 per share, payable Oct 15, 2024 to holders of record Sep 30.
- Tae-Sik Yoon named COO; Jeff Gonzales named CFO & Treasurer, effective Aug 30, 2024.
- CEO notes progress resolving risk-rated loans; actions meant to position for future growth.

## SEC filing metadata
- accession: 0001628280-24-034915
- form_type: 8-K
- ticker: ACRE
- cik: 0001529377
- company_name: Ares Commercial Real Estate Corp
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529377/000162828024034915/0001628280-24-034915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529377/000162828024034915/acre-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-034915
- JSON: https://secwatch.observer/filing/0001628280-24-034915.json
- Plain text: https://secwatch.observer/filing/0001628280-24-034915.txt

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