Craft

Ares Commercial Real Estate

Stock Price

$6.4

2024-10-29

Market Capitalization

$352.2 M

2024-10-29

Revenue

$92.9 M

FY, 2023

Ares Commercial Real Estate Summary

Company Summary

Overview
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.
Type
Public
Status
Active
Founded
1997
HQ
New York, NY, US | view all locations
Website
http://www.arescre.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • 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, Director

          LocationsView all

          6 locations detected

          • New York, NY HQ

            United States

            245 Park Avenue, 245 Park Ave 42nd Floor

          • Arlington, VA

            United States

            1001 19th St N #1200

          • Atlanta, GA

            United States

            3344 Peachtree Rd NE #1950

          • Chicago, IL

            United States

            71 S Wacker Dr #3500

          • Los Angeles, CA

            United States

            2000 Avenue of the Stars 12th Floor

          • London, England

            United Kingdom

            5th floor, 6 St Andrew St, Holborn

          Ares Commercial Real Estate Financials

          Summary Financials

          Revenue (Q3, 2024)
          $16.7M
          Net income (Q3, 2024)
          ($5.9M)
          Cash (Q3, 2024)
          $68.9M
          Enterprise value
          $923.9M

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