OverviewSuggest Edit

Ares Commercial Real Estate Corporation is a specialty finance company which originates and invests in commercial real estate loans and related investments. It provides a range of 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. Ares Commercial Real Estate Corporation has elected and qualified to be taxed as a real estate investment trust.

TypePublic
Founded1997
HQNew York, US
Websitearescre.com
Employee Ratings3.2

Locations

Ares Commercial Real Estate is headquartered in
New York, United States

Location Map

Latest Updates

Revenue (FY, 2019)$77.3 M(+72%)
Share Price (Sept 2020)$9.7
Cybersecurity ratingAMore

Key People/Management at Ares Commercial Real Estate

Rand S. April

Rand S. April

Director
Michael Arougheti

Michael Arougheti

Director, Co-Founder, Chief Executive Officer and President of Ares
Bill Benjamin

Bill Benjamin

Director, Chairman of the Board; Partner and Head of Ares Real Estate Group
Caroline E. Blakely

Caroline E. Blakely

Director
Joshua Bloomstein

Joshua Bloomstein

Vice President and Assistant Secretary
William Browning

William Browning

Director
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Ares Commercial Real Estate Office Locations

Ares Commercial Real Estate has offices in New York, Arlington, Atlanta, Chicago and in 2 other locations
New York, US (HQ)
245 Park Avenue, 245 Park Ave 42nd Floor
Arlington, US
1001 19th St N #1200
Atlanta, US
3344 Peachtree Rd NE #1950
Chicago, US
71 S Wacker Dr #3500
Los Angeles, US
2000 Avenue of the Stars 12th Floor
London, GB
5th floor, 6 St Andrew St, Holborn
Show all (6)

Ares Commercial Real Estate Financials and Metrics

Ares Commercial Real Estate Revenue

Ares Commercial Real Estate's revenue was reported to be $77.26 m in FY, 2019
USD

Revenue (Q2, 2020)

18.0m

Net income (Q2, 2020)

9.8m

EBIT (Q2, 2020)

9.8m

Market capitalization (22-Sept-2020)

324.4m

Closing stock price (22-Sept-2020)

9.7

Cash (30-Jun-2020)

73.0m

EV

1.2b
Ares Commercial Real Estate's current market capitalization is $324.4 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

38.6m65.1m85.4m45.1m77.3m

Revenue growth, %

69%31%(47%)

General and administrative expense

1.3m4.0m9.3m6.8m2.8m2.8m3.3m4.2m

Operating expense total

1.3m4.0m9.3m6.8m2.8m2.8m3.3m4.2m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

13.1m15.4m19.2m15.0m18.4m22.1m23.9m15.0m14.2m21.7m19.8m21.1m18.0m

General and administrative expense

37.0k323.0k496.0k482.0k453.0k994.0k2.2m2.6m2.4m1.8m1.6m1.7m1.8m686.0k690.0k642.0k640.0k724.0k774.0k789.0k852.0k1.1m1.0m1.0m868.0k959.0k

Operating expense total

37.0k323.0k496.0k482.0k453.0k994.0k2.2m2.6m2.4m1.8m1.6m1.7m1.8m686.0k690.0k642.0k640.0k724.0k774.0k789.0k852.0k1.1m1.0m1.0m868.0k959.0k

Depreciation and amortization

54.0k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

23.4m20.1m16.6m9.0m47.3m28.3m11.1m5.3m

Accounts Receivable

1.7m364.1m

Inventories

Total Assets

387.9m1.2b1.9b1.4b1.4b1.8b1.6b1.8b
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

4.6m87.5m24.0m22.6m40.2m12.6m30.4m20.2m11.4m9.0m8.1m10.4m6.2m5.3m41.8m44.4m5.7m28.2m5.2m5.0m5.0m12.8m5.2m6.0m74.5m73.0m

Accounts Receivable

521.0k580.0k871.0k2.5m3.3m

Total Assets

84.9m171.3m220.3m444.0m581.1m839.8m1.3b1.4b1.4b1.6b1.5b1.5b1.4b1.3b1.6b1.4b1.7b1.6b1.7b1.8b1.7b1.6b1.7b1.7b2.1b2.0b

Accounts Payable

1.1m822.0k812.0k1.5m3.3m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

860.0k13.8m24.6m43.3m44.9m30.4m38.6m37.0m

Depreciation and Amortization

38.0k160.0k219.0k167.0k667.0k

Cash From Operating Activities

2.0m25.4m(222.9m)275.5m8.5m31.3m39.2m32.5m

Purchases of PP&E

(41.0k)(823.0k)90.0m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

508.0k333.0k(221.0k)327.0k3.6m11.2m4.8m11.4m15.5m9.3m20.6m32.3m6.4m16.4m36.1m6.5m13.2m24.2m9.3m18.6m28.6m8.5m18.3m27.3m(17.3m)(7.5m)

Depreciation and Amortization

9.0k29.0k62.0k98.0k54.0k109.0k164.0k55.0k112.0k167.0k54.0k242.0k448.0k221.0k445.0k

Accounts Payable

18.0k405.0k386.0k

Cash From Operating Activities

(221.0k)(706.0k)311.0k1.2m2.0m5.3m7.7m(42.3m)(13.1m)125.6m223.0m204.6m17.8m33.4m185.0k6.2m13.0m23.9m9.7m18.1m28.3m6.8m16.3m24.9m8.3m14.2m
USDQ1, 2012

Financial Leverage

2.9 x
Show all financial metrics

Ares Commercial Real Estate Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Ares Commercial Real Estate Online and Social Media Presence

Embed Graph

Ares Commercial Real Estate Frequently Asked Questions

  • When was Ares Commercial Real Estate founded?

    Ares Commercial Real Estate was founded in 1997.

  • Who are Ares Commercial Real Estate key executives?

    Ares Commercial Real Estate's key executives are Rand S. April, Michael Arougheti and Bill Benjamin.

  • What is Ares Commercial Real Estate revenue?

    Latest Ares Commercial Real Estate annual revenue is $77.3 m.

  • Who are Ares Commercial Real Estate competitors?

    Competitors of Ares Commercial Real Estate include Piedmont Office Realty Trust, Exantas Capital and Ready Capital.

  • Where is Ares Commercial Real Estate headquarters?

    Ares Commercial Real Estate headquarters is located at 245 Park Avenue, 245 Park Ave 42nd Floor, New York.

  • Where are Ares Commercial Real Estate offices?

    Ares Commercial Real Estate has offices in New York, Arlington, Atlanta, Chicago and in 2 other locations.

  • How many offices does Ares Commercial Real Estate have?

    Ares Commercial Real Estate has 6 offices.