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Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2023

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Ares Commercial Real Estate Corporation (NYSE: ACRE) will report its first-quarter earnings for the period ending March 31, 2023, on May 2, 2023, before the NYSE opening. A conference call to discuss the results is scheduled for the same day at 10:00 a.m. Eastern Time. Investors can participate via telephone or a live webcast that will be accessible on the company’s website. A replay of the call will be available until May 30, 2023. Ares Commercial focuses on originating and investing in commercial real estate loans and is managed by a subsidiary of Ares Management Corporation. The company qualifies as a real estate investment trust, emphasizing flexible financing solutions for commercial property owners in the United States.

Positive
  • Scheduled earnings report for Q1 2023 indicates regular financial transparency.
  • Active in originating and investing in commercial real estate loans, indicating business growth opportunities.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the first quarter ended March 31, 2023 on Tuesday, May 2, 2023 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 10:00 a.m. Eastern Time to discuss its first quarter ended March 31, 2023 financial results.

All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of the our website at http://www.arescre.com. Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing +1 (877) 407-0312. International callers can access the conference call by dialing +1 (201) 389-0899. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected. For interested parties, an archived replay of the call will be available through May 30, 2023 at 5:00 p.m. (Eastern Time) to domestic callers by dialing +1 (877) 660-6853 and to international callers by dialing +1 201 612 7415. For all replays, please reference access code 13736870. An archived replay will also be available through May 30, 2023 on a webcast link located on the Home page of the Investor Resources section of our website.

About Ares Commercial Real Estate Corporation

Ares Commercial Real Estate Corporation (the “Company”) 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. For more information, please visit www.arescre.com. The contents of such website are not, and should not be deemed to be, incorporated by reference herein.

Forward-Looking Statements

Statements included herein or on the webcast / conference call, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended, which relate to future events or the Company’s future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including the risks described from time to time in its filings with the Securities and Exchange Commission. Any forward-looking statement, including any contained herein, speaks only as of the time of this press release and Ares Commercial Real Estate Corporation undertakes no duty to update any forward-looking statements made herein or on the webcast/conference call.

Investor Relations:

Ares Commercial Real Estate Corporation

Carl Drake or John Stilmar

(888) 818-5298

iracre@aresmgmt.com

Source: Ares Commercial Real Estate Corporation

FAQ

When will Ares Commercial Real Estate report its Q1 2023 earnings?

Ares Commercial Real Estate will report its Q1 2023 earnings on May 2, 2023.

What time is the conference call for Ares Commercial's earnings?

The conference call is scheduled for May 2, 2023, at 10:00 a.m. Eastern Time.

How can I access Ares Commercial's earnings webcast?

The earnings webcast can be accessed through the Investor Resources section on Ares Commercial's website.

What is the focus of Ares Commercial Real Estate Corporation?

Ares Commercial focuses on originating and investing in commercial real estate loans and related investments.

Is Ares Commercial Real Estate a publicly-traded company?

Yes, Ares Commercial Real Estate trades on the NYSE under the ticker ACRE.

Ares Commercial Real Estate Corporation

NYSE:ACRE

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340.34M
50.66M
6.91%
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2.98%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
NEW YORK