Ares Commercial Real Estate Corp

  • Finance
  • Investment Managers
  • Finance and Insurance
  • Other Financial Vehicles


$15.5 ▲4.307%

Extented Hours




14.625 - 14.7991


13.2 - 16.48

Join Discuss about ACRE with like-minded investors

@NoobBot #Crypto4Noobs

**@nytimesbusiness:** Jack Cakebread, who with his wife, Dolores, turned a 22-acre cattle ranch in Rutherford, Calif., into one of Napa Valley’s leading wineries, along the way helping to propel the once-obscure region to global viticultural stardom, has died at 92. https://t.co/rLNqENsl5I https://twitter.com/nytimesbusiness/status/1525719392864043008

45 Replies 14 👍 7 🔥

@bunnytoad69 #droscrew

but, it's a ~0.2 acre lot in an area that allows ADUs and I already got that verified with the city. "So i got that going for me, which is nice"

49 Replies 15 👍 11 🔥

@Alpha #decarolis

23 novembre 1980. Un gravissimo terremoto scuote il Sud Italia, devastando l'Irpina e altre zone della Campania, i danni sono enormi anche in Basilicata. Oggi ricorrono i 41 anni dal sisma che sconvolse la Basilicata e la Campania, cambiando il volto di molte città e spezzando tantissime vite umane. Una data che resta impressa in modo indelebile nei ricordi di chi l’ha vissuta, di chi ha visto la propria casa crollare, di chi ha pianto un parente o un amico ucciso dalle macerie, di chi ha trascorso la notti fuori casa davanti ad un falò improvvisato con il cuore colmo di paura. Di chi ancora chiudendo gli occhi sente l’odore acre della polvere, il suono delle sirene, il sapore delle lacrime. Era una domenica tranquilla, una domenica come tante di 41 anni fa, quando alle 19.34 la terra tremò per un tempo che sembrò eterno. Chi ha vissuto quei momenti non può dimenticare, non deve dimenticare. Quegli attimi hanno lasciato delle ferite enormi nelle nostre case, nelle nostre chiese, ferite che con il tempo sono state riparate, case che con il tempo e con i sacrifici sono state ricostruite. Ma quegli attimi hanno lasciato delle ferite nei nostri cuori che il tempo non potrà mai cancellare. Sono bastati pochi minuti per distruggere quello che l’uomo aveva costruito con sacrificio e con amore, è bastato un attimo per portar via per sempre una mamma, una moglie, un fratello, un amico… Non si può dimenticare tutto questo, non si può dimenticare il terrore negli occhi della gente, lo sconforto e le lacrime davanti alle macerie, la forza delle mani nude che hanno scavato tutta la notte sotto quelle maledette pietre per cercare di salvare una vita… E’ doveroso ricordare il terremoto di 41 anni fa ed è doveroso raccontarlo a chi non c’era, perché quel giorno fa parte della nostra storia e ne farà parte per sempre. Alle 19.34, fermiamoci per un minuto in silenzio, spegniamo le luci e, se possiamo, accendiamo un lumino per ricordare chi purtroppo quel maledetto 23 novembre 1980 ha perso la vita sotto le macerie.

139 Replies 11 👍 10 🔥

@DarkPoolAlgo #Dark Pool Charts

/*============================================= = Friday, June 18, 2021 = =============================================*/ Futures Up/Down % Last Dow -39.00 0.12% 33,654 S&P 500 -2.25 0.08% 4,209 Nasdaq 26.50 0.18% 14,182 U.S. futures are looking mixed again, looking much like yesterday’s closing levels when the Nasdaq Composite closed at a new all-time high as Treasury yields dropped across the board (10-yr yield fell back around the 1.5% level), boosting growth stocks, while a steep drop in shares of energy, banks, materials and industrials weighed on the S&P 500 and SmallCap Russell 2000. The S&P 500 Banks index plunged more than 4% for its worst day since June 2020, led by Dow components JPM and Goldman, while Citigroup shares dropped an 11th straight day. In Asian markets, The Nikkei Index fell -54 points to 28,964, the Shanghai Index was little changed at 3,525, and the Hang Seng Index rose 242 points to 28,801. In Europe, the German DAX is lower by about 70 points to 15,650, while the FTSE 100 is down around 55 points to dip below 7,100. On Wednesday, the Fed forecast that it likely will raise rates two times by the end of 2023 and Chairman Jerome Powell said the central bank has begun discussing when to begin pulling back on bond purchases of $120 billion a month. Stocks fell initially on those headlines but have since found solid footing with a rotation back into high growth names and out of the relation names with commodities, energy and financials in free fall the last two-days. Market Closing Prices Yesterday The S&P 500 Index slipped -1.84 points, or 0.04%, to 4,221.86 The Dow Jones Industrial Average fell -210.22 points, or 0.62%, to 33,823.45 The Nasdaq Composite jumped 121.67 points, or 0.87%, to 14,161.35 The Russell 2000 Index declined -27.23 points, or 1.18% to 2,287.46 Events Calendar for Today 1:00 PM EST Baker Hughes Weekly rig count data Macro Up/Down Last Nymex -0.23 70.81 Brent -0.35 72.73 Gold 18.30 1,791.80 EUR/USD 0.0013 1.1920 JPY/USD -0.09 110.12 10-Year Note -0.022 1.489% Sector News Breakdown Consumer Smith & Wesson Brands ($SWBI) Q4 GAAP EPS $1.71 vs. est. $1.02; Q4 revs $322.9M vs. est. $259.8M; raises dividend 60% to $0.08 and announces new $50M share buyback plan; Q4 gross margin 45.1% vs. 32.2% last year Energy, Industrials and Materials S. Steel ($X) guides Q3 adj EPS approx $3.08 vs. est. $2.67; Q2 adjusted Ebitda is expected to be approximately $1.2B; and Q2 adj net income is expected to be about $880M and excludes impacts primarily related to certain restructuring and asset impairment charges; to fully redeem senior notes due 2025 CAI International ($CAI) to be acquired by Mitsubishi HC Capital Inc. in an all-cash transaction for $56.00 per share, which represents a total equity value of approximately $1.1B Mammoth Energy ($TUSK) files to sell 24.1M shares of common stock for holders Alaska Air ($ALK) and Delta Air ($DAL) upgraded to Outperform from Peer Perform at Wolfe Research and United Airlines ($UAL) upgraded to Peer Perform from Underperform Occidental ($OXY) upgraded to Overweight from Equal Weight, Marathon Oil ($MRO) upgraded to Equal-weigh at Morgan Stanley, while the firm downgraded Devon Energy ($DVN), EQT Corp. ($EQT) and Cimarex Energy ($XEC) to Equal-weight ArcelorMittal North America Holding, a wholly-owned subsidiary of ArcelorMittal SA ($MT) to sell its remaining 38.2M common shares in Cleveland-Cliffs ($CLF) and to use proceeds for new $750M share buyback program. Financials LPL Financial ($LPLA) reported total brokerage and advisory assets for May of +44% vs. +3.90% YoY; May brokerage, advisory assets $1.07 trillion Ares Commercial ($ACRE)5M share Spot Secondary priced at $15.82 Healthcare Athira Pharma Inc.’s ($ATHA) CEO Leen Kawas has been put on temporary leave as the board reviews actions stemming from doctoral research while at Washington State University, the company said Thursday. Geron Corp ($GERN) rises after reporting positive data from a mid-stage study of blood cancer treatment imetelstat, which showed benefits including symptom response and overall survival in patients with myelofibrosis, a chronic blood cancer Ambrx Biopharma ($AMAM) 7M share IPO priced at $18.00 Codex DNA ($DNAY)67M share IPO priced at $16.00 Codexis ($CDXS) raises 2021 revenue view to $89M-$93M from $82M-$85M (est. $83.74M) following the receipt of a binding purchase order for up to $13.9M of a proprietary high performance enzyme product from an undisclosed global pharmaceutical company Century Therapeutics ($IPSC)6M share IPO priced at $20.00 Cyteir Therapeutics ($CYT)4M share IPO priced at $18.00 Technology, Media & Telecom Adobe Systems ($ADBE) Q2 adj EPS $3.03 vs. est. $2.82: Q2 revs $3.84B vs. est. $3.73B; Q2 Digital Media segment revenue was $2.79 billion, which represents 25% YoY; creative revenue grew to $2.32 billion, representing 24% YoY; Document Cloud revenue was $469 million, representing 30% YoY growth; sees Q3 total revenue about $3.88B (vs. est. $3.83B) Fox Corporation ($FOXA) announces $2 billion incremental stock repurchase authorization Spotify ($SPOT) is announced its acquired Podz, a small team working to improve podcast discovery Tremor International ($TRMR)76M share ADS priced at $19.00

143 Replies 14 👍 12 🔥

@lucullus #droscrew

BTTD. Tesla will probably announce a 635 acre site in UK soon. same sort of size as Berlin , much bigger than Shanghai

105 Replies 13 👍 7 🔥

@AJAJ #droscrew

she is forgetting we don't have the 2 acre lot anymore ha ha

120 Replies 13 👍 13 🔥

@DaveDixon #CoreTrader

Bitcoin At 0430GMT today, BTC is trading 1.17% higher against the USD at $13779.44. Yesterday, BTC advanced 4.61% against the USD to close at $13620.54. In a key development, INX has inked a term sheet to acquire Open Finance that operates as a registered broker-dealer in compliance with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. Separately, the governor of the Republic of Buryatia, Russia signed a decree allowing for the construction of a 13.6 acre data centre in South eastern Siberia.

48 Replies 14 👍 6 🔥


He no sooner left the white house when he bought the 26 acre ocean front mansion on Martha's Vineyard he used to stay at in the summers during his years in office

56 Replies 15 👍 12 🔥


Obama talked about rising sea levels when he was in office. He bought a 26 acre oceanfront mansion on Martha's Vineyard after he got out

61 Replies 15 👍 13 🔥

Key Metrics

Market Cap

695.92 M



Avg. Volume

1.04 M

Shares Outstanding

47.44 M



Public Float


Next Earnings Date


Next Dividend Date


Company Information

Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. Through its national direct origination platform, the Company provides a broad offering of flexible and reliable financing solutions for commercial real estate owners and operators. The Company originates senior mortgage loans, as well as subordinate financings, mezzanine debt and preferred equity, with an emphasis on providing value added financing on a variety of properties located in liquid markets across the United States. Ares Commercial Real Estate Corporation elected and qualified to be taxed as a real estate investment trust and is externally managed by a subsidiary of Ares Management Corporation.

CEO: Bryan Donohoe


HQ: 245 Park Ave Fl 42 New York, 10167-0002 New York

Related News