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ACRE| Name | Value |
|---|---|
| Revenues | 47.5M |
| Cost of Revenue | 5.0M |
| Gross Profit | 42.5M |
| Operating Expense | 4.6M |
| Operating I/L | 37.9M |
| Other Income/Expense | -65.5M |
| Interest Income | 44.8M |
| Pretax | -39.5M |
| Income Tax Expense | -0.1M |
| Net Income/Loss | -39.4M |
Ares Commercial Real Estate Corporation is a specialty finance company that focuses on originating and investing in commercial real estate (CRE) loans and related investments in the United States. The company offers a variety of financing solutions for CRE property owners, operators, and sponsors, including senior mortgage loans, subordinate debt products, mezzanine loans, real estate preferred equity investments, and commercial mortgage backed securities. Ares Commercial Real Estate Corporation operates as a real estate investment trust (REIT) for U.S. federal income tax purposes and is managed by Ares Commercial Real Estate Management LLC.
