ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS THIRD QUARTER 2026 RESULTS
PR Newswire•06/11/2026•06:00 ET
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Key Highlights
- ➤Q3 GAAP net income $10.0 million, or $0.18 per diluted share
- ➤Q3 Distributable Earnings $6.7 million, or $0.12 per diluted share
- ➤Fourth-quarter dividend declared at $0.15 per common share
- ➤$90 million secured term loan fully repaid and terminated
- ➤REO office property sale generated a $7.1 million gain
Expert Statements
Bryan Donohoe, Chief Executive Officer of Ares Commercial Real Estate Corporation
“During the third quarter, we continued to make progress on our strategic priority of reducing office and REO investments, as demonstrated by the sale of our REO office property which resulted in a gain.”
Bryan Donohoe, Chief Executive Officer of Ares Commercial Real Estate Corporation
“At the same time, our diversified loan portfolio continues to exhibit overall stability, supported by the strength and broad market reach of the Ares Real Estate Debt platform.”
Jeff Gonzales, Chief Financial Officer of Ares Commercial Real Estate Corporation
“We remain focused on addressing our risk rated 4 and 5 loans, as resolving these investments will advance the repositioning of our portfolio and enhance our future earnings.”
Jeff Gonzales, Chief Financial Officer of Ares Commercial Real Estate Corporation
“As a reflection of the confidence in the continued execution of our strategic priorities and future earnings potential, the Board declared a regular cash dividend of $0.15 per common share for the fourth quarter of 2026.”
ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS THIRD QUARTER 2026 RESULTS PR Newswire
Third quarter GAAP net income of $10.0 million or $0.18 per diluted common share and Distributable Earnings(1) of $6.7 million or $0.12 per diluted common share
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