Ares Commercial Real Estate Corporation filings document formal disclosures for a commercial real estate finance REIT that originates and invests in CRE loans and related investments. Recent Form 8-K filings furnish earnings releases and Regulation FD presentations covering GAAP results, Distributable Earnings and portfolio commentary.
The filing record also includes material definitive agreements and direct financial obligation disclosures for secured funding, revolving funding and master repurchase facilities used by company subsidiaries. Proxy materials cover board matters, executive compensation and shareholder voting items, while financing-related filings describe facility amendments, commitments, maturity terms and related obligations within the company's capital structure.
Ares Commercial Real Estate Corporation reported a net loss attributable to common stockholders of $9.6M for the quarter ended March 31, 2026, compared with net income of $9.3M a year earlier. Basic and diluted earnings per share were $(0.17), versus $0.17 in the prior-year quarter.
Total revenue was $13.5M, down from $14.9M, as net interest margin narrowed and the company recorded a $11.1M provision for current expected credit losses and $3.3M of realized loan losses. The CECL Reserve on loans held for investment and unfunded commitments rose to $138.3M, including $70.3M on a risk‑rated 5 Illinois office loan.
Loans held for investment increased to $1.63B of carrying value on $1.71B of outstanding principal, while total assets reached $1.84B and stockholders’ equity was $492.4M. The portfolio included $76.8M of real estate owned held for investment and $53.1M classified as held for sale. The company declared a quarterly dividend of $0.15 per common share and had 55.48M shares outstanding as of May 4, 2026.
Ares Commercial Real Estate Corporation reported a first quarter 2026 GAAP net loss of $9.6 million, or $(0.17) per diluted share, as higher credit costs and realized loan losses weighed on results. Distributable Earnings were $3.2 million, or $0.06 per diluted share.
Total revenue was $13.5 million, down from $14.9 million a year earlier, as net interest margin declined. The company recorded an $11.1 million provision for current expected credit losses and $3.3 million of realized loan losses, contributing to a $138 million CECL reserve, equal to 8% of loans held for investment.
The portfolio totaled about $1.8 billion across loans and real estate owned, with loans held for investment of $1.63 billion and total assets of $1.84 billion. The board declared a regular cash dividend of $0.15 per common share for the second quarter of 2026, matching the first quarter dividend.
Browning William reported acquisition or exercise transactions in this Form 4 filing.
Ares Commercial Real Estate Corp director William Browning received a grant of 18,879 shares of restricted common stock at no cost. The award was made under the company’s Amended and Restated 2012 Equity Incentive Plan.
The restricted stock is scheduled to vest ratably on a quarterly basis over a one-year period, on the first business day of each fiscal quarter beginning July 1, 2026. Following this grant, Browning holds 25,053 shares of common stock directly, including 21,982 shares previously owned directly, and 78,438 shares indirectly through The Browning Family Trust, of which he is a trustee.
Blakely Caroline reported acquisition or exercise transactions in this Form 4 filing.
Ares Commercial Real Estate Corp director Caroline Blakely received a stock-based compensation award. She was granted 18,879 shares of common stock as restricted stock at $0.0000 per share under the company’s Amended and Restated 2012 Equity Incentive Plan.
The restricted shares are scheduled to vest ratably on a quarterly basis over a one-year period, on the first business day of each fiscal quarter beginning on July 1, 2026. Following this grant, Blakely directly holds 50,495 common shares, while an additional 59,835 common shares are held indirectly by The Caroline E. Blakely Living Trust, of which she is a trustee.
Ares Commercial Real Estate Corp director April Rand Scott reported a new equity award and updated holdings. She received a grant of 18,879 shares of common stock as restricted stock with no cash paid per share, described as a grant or award acquisition. These restricted shares are scheduled to vest ratably on a quarterly basis over one year, on the first business day of each fiscal quarter beginning July 1, 2026. After this grant, she holds 18,879 shares directly and 99,248 shares indirectly through the April Family 2013 Living Trust, where she serves as trustee. A footnote adds that her direct holdings include 24,696 shares previously owned directly, indicating this filing reflects compensation-related equity rather than open-market trading.
Moriarty Edmond N. III reported acquisition or exercise transactions in this Form 4 filing.
Ares Commercial Real Estate Corp director Edmond N. Moriarty III received a grant of 18,879 shares of Common Stock as restricted stock. The grant was made at $0.00 per share under the company’s Amended and Restated 2012 Equity Incentive Plan.
The restricted shares are scheduled to vest ratably on a quarterly basis over a one-year period, on the first business day of each fiscal quarter beginning July 1, 2026. Following this grant, Moriarty directly holds 98,905 shares of Ares Commercial Real Estate Corp common stock.
SKINNER JAMES E reported acquisition or exercise transactions in this Form 4 filing.
Ares Commercial Real Estate Corp director James E. Skinner received a grant of 18,879 shares of common stock as a restricted stock award. The grant was made at a stated price of $0.00 per share, reflecting a non-cash equity compensation award under the company’s Amended and Restated 2012 Equity Incentive Plan.
The restricted shares are scheduled to vest ratably on a quarterly basis over one year, on the first business day of each fiscal quarter beginning July 1, 2026. Following this grant, Skinner holds 116,217 shares of Ares Commercial Real Estate common stock directly.
Parekh Rebecca Jaisali reported acquisition or exercise transactions in this Form 4 filing.
Ares Commercial Real Estate Corp director Rebecca Jaisali Parekh received a grant of 18,879 shares of Common Stock as equity compensation. This award is structured as restricted stock under the company’s Amended and Restated 2012 Equity Incentive Plan.
Following the grant, Parekh directly holds 77,258 shares of Ares Commercial Real Estate Corp common stock. The restricted shares are scheduled to vest ratably on a quarterly basis over a one-year period, vesting on the first business day of each fiscal quarter beginning July 1, 2026.
Ares Commercial Real Estate Corporation will hold its 2026 virtual annual meeting on May 27, 2026, asking stockholders to elect two Class II directors, ratify Ernst & Young LLP as auditor for 2026, and approve an advisory vote on executive pay for 2025.
Stockholders of record on March 26, 2026, when 55,367,672 common shares were outstanding, may vote online, by phone, by mail or during the live audio webcast. Independent directors generally receive $175,000 per year, partly in cash and partly in restricted stock, with additional cash retainers for committee and leadership roles.