ACRE

Ares Commercial Real Estate Corporation (NYSE:ACRE) is a specialty finance company that was incorporated in 2011 and went public in April 2012. The company operates as a real estate investment trust (REIT) focused on originating and investing in commercial real estate loans across the United States. ACRE is managed by Ares Commercial Real Estate Management LLC, which is part of the broader Ares Management ecosystem, a global alternative investment manager. The company has navigated significant challenges in recent years, particularly during the commercial real estate market downturn that began in 2022, and is currently in a phase of portfolio optimization and balance sheet strengthening.