PR Newswire·Nov 6, 2026, 6:00 AM ET

ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS THIRD QUARTER 2026 RESULTS

Third quarter 2026 GAAP net income was $10.0 million ($0.18 per diluted share) with Distributable Earnings of $6.7 million ($0.12 per diluted share).
The company fully repaid and terminated a $90 million secured term loan subsequent to the three months ended September 30, 2026.
The Board declared a fourth quarter 2026 dividend of $0.15 per common share payable on January 15, 2027 to record holders as of December 31, 2026.
Management reported progress on reducing office and REO investments, including a sale of an REO office property that generated a gain.
CEO Bryan Donohoe highlighted portfolio stability supported by the Ares Real Estate Debt platform.
CFO Jeff Gonzales stated the company remains focused on resolving risk-rated 4 and 5 loans to enhance future earnings.
A third quarter 2026 dividend of $0.15 per share was paid on October 15, 2026 to record holders as of September 30, 2026.
Consolidated loans held for investment, net of reserves, increased to $1,598,792,000 from $1,403,050,000 at year-end 2025.
Total liabilities rose to $1,259,600,000 from $1,108,574,000 at year-end 2025, driven by an increase in secured funding agreements.
A conference call and webcast regarding the third quarter 2026 results were scheduled for November 6, 2026, at 10:00 a.m. Eastern Time.