Source-grounded facts extracted from Ares Commercial Real Estate Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Ares Commercial Real Estate Corp shareholders approved Non-binding, advisory vote to approve the compensation of the Company's named executive officers at the 2026-05-27 meeting.
“(3) A proposal for the non-binding, advisory vote to approve the compensation of the Company’s named executive officers. VOTES FOR VOTES AGAINST VOTES ABSTAINED BROKER NON-VOTES 19,848,823 2,518,989 283,582 17,249,325”
Ares Commercial Real Estate Corp shareholders approved Ratification of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-27 meeting.
“(2) A proposal to ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. VOTES FOR VOTES AGAINST VOTES ABSTAINED 36,662,962 328,926 2,908,831”
Ares Commercial Real Estate Corp shareholders approved Election of two Class II directors to serve until the Company's 2029 annual meeting of stockholders at the 2026-05-27 meeting.
“(1) A proposal to elect two Class II directors to serve until the Company’s 2029 annual meeting of stockholders, and until their successors have been duly elected and qualify. VOTES FOR VOTES WITHHELD BROKER NON-VOTES William S. Benjamin 15,754,104 6,897,290 17,249,325 Caroline E. Blakely 15,832,783 6,818,611 17,249,325”
Ares Commercial Real Estate Corp reported the quarter ended March 31, 2026 results: net income $(9.6) million, EPS $(0.17) per diluted common share.
“reported generally accepted accounting principles (“GAAP”) net income (loss) of $(9.6) million or $(0.17) per diluted common share and Distributable Earnings 1 of $3.2 million or $0.06 per diluted common share for the first quarter of 2026.”
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).
“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.”
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.
“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.”
Ares Commercial Real Estate Corp amended revolving credit of Not fully specified; secured revolving funding facility with City National Bank at not specified maturing extend the maturity date to December 31, 2026.
“ACRC Lender LLC, a subsidiary of Ares Commercial Real Estate Corporation, entered into an amendment dated as of March 10, 2026 to the secured revolving funding facility with City National Bank to, among other things, extend the maturity date to December 31, 2026 with payment of a renewal fee.”
Ares Commercial Real Estate Corp amended Third Amended and Restated Master Repurchase and Securities Contract with Wells Fargo Bank, National Association valued at from $450.0 million to $600.0 million (effective 2025-12-18).
“ACRC Lender W LLC, ACRC Lender W TRS LLC, ACRC Warehouse Holdings LLC and ACRC 2017-FL3 Holder REIT LLC, each a subsidiary of Ares Commercial Real Estate Corporation (the “Company”), and the Company entered into an amendment to the Third Amended and Restated Master Repurchase and Securities Contract with Wells Fargo Bank, National Association”
Ares Commercial Real Estate Corp amended credit facility of Increase from $450.0 million to $600.0 million with Wells Fargo Bank, National Association.
“and Securities Contract with Wells Fargo Bank, National Association. The purpose of the amendment was to, among other things, increase the commitment amount of the facility from $450.0 million to $600.0 million with a payment of an upsize fee. k, National Association. The purpose of the amendment was to, among other things, increase the commitment amount of the”
Ares Commercial Real Estate Corp incurred credit facility of $150 million with Morgan Stanley Bank, N.A. maturing July 16, 2026.
“Bank, N.A., subject to the satisfaction of certain conditions and the payment of an extension fee. The amendment also reduced the facility commitment from $250 million to $150 million and includes an accordion provision such that the facility commitment may be increased by an additional $100 million to up to $250 million, subject to the satisfaction of certain”
Ares Commercial Real Estate Corp reported the quarter ended March 31, 2024 results: net income $(12.3) million, EPS $(0.23) per diluted common share.
“the registrant issued a press release announcing its financial results for the quarter ended March 31, 2024”
Bryan P. Donohoe was appointed as Class III Director at Ares Commercial Real Estate Corp.
“the Board will nominate Bryan P. Donohoe, the Company’s Chief Executive Officer, for election as a Class III director to replace Mr. Arougheti following the Annual Meeting”
Michael J. Arougheti departed as Director at Ares Commercial Real Estate Corp.
“Michael J Arougheti notified Ares Commercial Real Estate Corporation (the “Company”) that he would not stand for re-election as a director of the Company at the Company’s 2024 Annual Meeting of Stockholders to be held on May 22, 2024”
Ares Commercial Real Estate Corp reported the quarter and year ended December 31, 2023 results: net income GAAP net income (loss) of $(39.4) million, EPS $(0.73) per diluted common share.
“On February 22, 2024 , the registrant issued a press release announcing its financial results for the quarter and year ended December 31, 2023.”
Ares Commercial Real Estate Corp amended revolving credit with City National Bank at SOFR-based rate plus 3.25% or base rate plus 2.25% maturing March 10, 2025, subject to one 12-month extension.
“On January 31, 2024, Ares Commercial Real Estate Corporation (the “Company”), as guarantor, and ACRC Lender LLC, a subsidiary of the Company (the “Borrower”), entered into an amendment to the secured revolving funding facility with City National Bank (the “CNB Facility”). The purpose of the amendment was to, among other things: (1) extend the initial maturity date of the CNB Facility to March 10, 2025, subject to one 12-month extension, which may be exercised at the Borrower’s option if certain conditions described in the CNB Facility are met, including the payment of applicable extension fees; and (2) set the interest rate on advances under the CNB Facility to a per annum rate equal to the sum of, at the Borrower’s option, either (a) a SOFR-based rate plus 3.25% or (b) a base rate plus 2.25%, in each case, subject to an interest rate floor.”
Ares Commercial Real Estate Corp amended a credit facility with City National Bank (effective 2024-01-31).
“On January 31, 2024, Ares Commercial Real Estate Corporation (the “Company”), as guarantor, and ACRC Lender LLC, a subsidiary of the Company (the “Borrower”), entered into an amendment to the secured revolving funding facility with City National Bank (the “CNB Facility”).”
Ares Commercial Real Estate Corp reported quarter ended September 30, 2023 results: net income $9.2 million, EPS $0.17 per diluted common share.
“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”
Ares Commercial Real Estate Corp reported the quarter ended June 30, 2023 results: net income $2.2 million, EPS $0.04 per diluted common share.
“Second quarter GAAP net loss of $2.2 million or $0.04 per diluted common share”
Ares Commercial Real Estate Corp shareholders approved Non-binding advisory vote on executive compensation at the 2023-05-25 meeting.
“(3) A proposal to approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers. VOTES FOR VOTES AGAINST VOTES ABSTAINED BROKER NON-VOTES 21,095,016 1,135,522 505,118 17,225,613”
Ares Commercial Real Estate Corp shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2023-05-25 meeting.
“(2) A proposal to ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. VOTES FOR VOTES AGAINST VOTES ABSTAINED 39,165,404 494,263 301,602”
Ares Commercial Real Estate Corp shareholders approved Election of two Class II directors at the 2023-05-25 meeting.
“(1) A proposal to elect two Class II directors to serve until the Company’s 2026 Annual Meeting of Stockholders, and until their successors have been duly elected and qualify. VOTES FOR VOTES WITHHELD BROKER NON-VOTES William S. Benjamin 18,313,095 4,422,561 17,225,613 Caroline E. Blakely 18,126,896 4,608,760 17,225,613”
Ares Commercial Real Estate Corp reported first quarter of 2023 results: net income GAAP net loss of $6.4 million or $0.12 per diluted common share.
“On May 2, 2023 , the registrant issued a press release announcing its financial results for the quarter ended March 31, 2023.”
Ares Commercial Real Estate Corp reported year ended December 31, 2022 results: net income $29.8 million, EPS $0.57 per diluted common share.
“reported GAAP net income of $29.8 million or $0.57 per diluted common share and Distributable Earnings (1) of $80.7 million or $1.55 per diluted common share for full year 2022”
Ares Commercial Real Estate Corp reported quarter ended December 31, 2022 results: net income $2.9 million, EPS $0.05 per diluted common share.
“reported generally accepted accounting principles (“GAAP”) net income of $2.9 million or $0.05 per diluted common share and Distributable Earnings (1) of $23.9 million or $0.44 per diluted common share for the fourth quarter of 2022”
Ares Commercial Real Estate Corp amended credit facility with Wells Fargo Bank, National Association at one-month LIBOR or SOFR, as applicable, plus a pricing margin which ranges from maturing December 15, 2025.
“On December 14, 2022, ACRC Lender W LLC and ACRC Lender W TRS LLC (collectively, “ACRC Lender W”), each a subsidiary of Ares Commercial Real Estate Corporation, entered into Amendment No. 1 to the Third Amended and Restated Master Repurchase and Securities Contract (the “Wells Facility”) with Wells Fargo Bank, National Association (“Wells”). The purpose of the amendment was to, among other things, extend the initial maturity date and funding period of the Wells Facility to December 15, 2025 and modify the interest rate on advances under the Wells Facility to a rate of one-month LIBOR or SOFR, as applicable, plus a pricing margin which ranges from 1.50% to 3.75% (or as otherwise agreed in the related confirmation).”
Ares Commercial Real Estate Corp amended Wells Facility with Wells Fargo Bank, National Association (effective 2022-12-14).
“On December 14, 2022, ACRC Lender W LLC and ACRC Lender W TRS LLC (collectively, “ACRC Lender W”), each a subsidiary of Ares Commercial Real Estate Corporation, entered into Amendment No. 1 to the Third Amended and Restated Master Repurchase and Securities Contract (the “Wells Facility”) with Wells Fargo Bank, National Association (“Wells”).”
Ares Commercial Real Estate Corp reported the quarter ended September 30, 2022 results: net income $0.6 million, EPS $0.01 per diluted common share.
“Third quarter GAAP net income of $0.6 million or $0.01 per diluted common share and Distributable Earnings (1) of $21.3 million or $0.39 per diluted common share”
Rebecca J. Parekh was appointed as independent Class I director at Ares Commercial Real Estate Corp.
“appointed Rebecca J. Parekh as an independent Class I director to fill the vacancy created by such increase.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.