Ares Commercial Real Estate (ACRE) Tops Q3 EPS by 4c
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Ares Commercial Real Estate Corporation Reports Third Quarter 2021 Results
November 3, 2021 6:00 AM EDTThird quarter GAAP net income of $10.0 million or $0.21 per diluted common share and Distributable Earnings(1) of $17.5 million or $0.37 per diluted common share
Closed $485 million of new loan commitments
- Subsequent to end of third quarter -
Declared fourth quarter 2021 dividend of $0.33 per diluted common share and a supplemental dividend of $0.02 per diluted common share
NEW YORK--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (the Company) (NYSE: ACRE), a specialty finance company engaged in originating and investing... More
