secwatch / observer

Ares Commercial Real Estate Corp — fact timeline

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.

ACRE Ares Commercial Real Estate Corp JSON
Shareholder Votes

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”
Shareholder Votes

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”
Shareholder Votes

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”
Earnings Releases

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.”
Material Agreements

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.”
Debt Financings

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.”
Debt Financings

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.”
Debt Financings

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”
Debt Financings

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”
Earnings Releases

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”

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.