Ares Commercial Real Estate Corp (ACRE): debt financing — ACRE extends Morgan Stanley repurchase facility to July 2029, ups commitment to $350M

Ares Commercial Real Estate Corp

Initial maturity extended to July 16, 2029 with one 12-month extension option subject to conditions and fee.
Facility commitment increased from $250M to $350M; accordion provision allows further increase to $400M.
Upsize fee of $78,082.19 paid; no default, Event of Default, or margin deficit as of amendment date.
Amendment entered March 24, 2026 by ACRE subsidiaries ACRC Lender MS LLC and ACRC Lender MS II LLC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Ares Commercial Real Estate Corp amended credit facility of from $250 million to $350 million with Morgan Stanley Bank, N.A. maturing July 16, 2029.

Instrument: credit facility
Principal: from $250 million to $350 million
Counterparty: Morgan Stanley Bank, N.A.
Maturity: July 16, 2029
Event: amendment

Exact text from the filing

On March 24, 2026, ACRC Lender MS LLC and ACRC Lender MS II LLC, each a subsidiary of Ares Commercial Real Estate Corporation (the “Company”), and the Company entered into an amendment to the Master Repurchase Agreement and Securities Contract (as amended from time to time, the “Morgan Stanley Facility”) with Morgan Stanley Bank, N.A.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ares Commercial Real Estate Corp amended Master Repurchase Agreement and Securities Contract with Morgan Stanley Bank, N.A. valued at from $250 million to $350 million (effective 2026-03-24).

Action: amendment
Agreement: credit facility
Counterparty: Morgan Stanley Bank, N.A.
Value: from $250 million to $350 million
Effective: 2026-03-24

Exact text from the filing

On March 24, 2026, ACRC Lender MS LLC and ACRC Lender MS II LLC, each a subsidiary of Ares Commercial Real Estate Corporation (the “Company”), and the Company entered into an amendment to the Master Repurchase Agreement and Securities Contract (as amended from time to time, the “Morgan Stanley Facility”) with Morgan Stanley Bank, N.A.

View on SEC.gov

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Source: SEC EDGAR

accession 0001628280-26-022056

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