Ares Commercial Real Estate Corporation Reports Third Quarter 2026 Financial Results
Ares Commercial Real Estate Corporation (NYSE: ACRE) has reported its third quarter 2026 financial results, posting a GAAP net income of $10.0 million, or $0.18 per diluted common share. The company also reported non-GAAP Distributable Earnings of $6.7 million, equivalent to $0.12 per diluted common share. The company is actively executing a strategic repositioning of its portfolio by reducing exposure to office and REO investments, highlighted by the recent sale of an REO office property at a gain. Management remains focused on resolving risk-rated 4 and 5 loans to enhance future earnings potential. Following these results, the Board declared a fourth quarter dividend of $0.15 per common share.
Tickers: $ACRE
Topics: commercial real estate loans debt repayment Distributable Earnings dividend declaration GAAP net income