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Ares Commercial Real Estate Corp (ACRE.N)

ACRE.N on New York Stock Exchange

12.93USD
26 Jul 2016
Change (% chg)

$0.24 (+1.89%)
Prev Close
$12.69
Open
$12.81
Day's High
$12.95
Day's Low
$12.75
Volume
37,519
Avg. Vol
38,061
52-wk High
$13.17
52-wk Low
$8.91

Latest Key Developments (Source: Significant Developments)

Cornerstone Real Estate Advisers to buy Acre Capital Holdings LLC
Wednesday, 29 Jun 2016 04:30pm EDT 

Cornerstone Real Estate Advisers: Cornerstone Real Estate Advisers to acquire Acre Capital Holdings LLC .Deal for $93 million.  Full Article

Ares Commercial Real Estate files for mixed shelf
Monday, 6 Jun 2016 06:08am EDT 

Ares Commercial Real Estate Corp :Files for mixed shelf of up to $1.25 billion - SEC filing.  Full Article

Ares Commercial Real Estate Corp reaffirms FY 2015 EPS guidance
Monday, 31 Aug 2015 10:03am EDT 

Ares Commercial Real Estate Corp:Reaffirms guidance of estimated net income per diluted common share to be between $1.12 to $1.18 for FY 2015.FY 2015 EPS of $1.15 - Thomson Reuters I/B/E/S.  Full Article

Ares Commercial Real Estate Corp announces new leadership roles
Monday, 31 Aug 2015 10:03am EDT 

Ares Commercial Real Estate Corp:Appointed John Jardine as President and Co-Chief Executive Officer as well as elected him to the Board as a director.ACRE Chairman Robert L. Rosen was also appointed as Co-Chief Executive Officer on an interim basis.Says that Todd Schuster has resigned as ACRE's President and Chief Executive Officer and as a Director.  Full Article

Ares Commercial Real Estate Corp reaffirms FY 2015 EPS guidance
Monday, 31 Aug 2015 10:03am EDT 

Ares Commercial Real Estate Corp:Says that it is reaffirming FY 2015 net income per diluted common share to be between $1.12 to $1.18.  Full Article

Ares Commercial Real Estate Corp declares dividend
Thursday, 30 Jul 2015 10:00pm EDT 

Ares Commercial Real Estate Corp:Declares a cash dividend of $0.25 per common share for the second quarter of 2015.Says the second quarter 2015 dividend was paid on July 15 to common stockholders of record as of June 30.  Full Article

Ares Commercial Real Estate Corp raises FY 2015 EPS guidance
Thursday, 30 Jul 2015 08:00am EDT 

Ares Commercial Real Estate Corp:Raises FY 2015 estimated net income per diluted common share (EPS) to be between $1.12 to $1.18.FY 2015 EPS of $1.10 - Thomson Reuters I/B/E/S.  Full Article

Ares Commercial Real Estate Corp declares cash dividend
Thursday, 7 May 2015 08:06am EDT 

Ares Commercial Real Estate Corp:Declared cash dividend of $0.25 per common share for the second quarter of 2015.Payable on July 15 to common stockholders of record as of June 30.  Full Article

Ares Commercial Real Estate Corp raises low end of prior FY 2015 EPS guidance to a range in line with analysts' estimates
Thursday, 7 May 2015 08:06am EDT 

Ares Commercial Real Estate Corp:Increases its FY 2015 estimated net income per diluted common share to be between $1.04 to $1.14.FY 2015 EPS of $1.08 - Thomson Reuters I/B/E/S.  Full Article

Ares Commercial Real Estate Corp gives FY 2015 EPS outlook in line with analysts' estimates
Thursday, 5 Mar 2015 06:00am EST 

Ares Commercial Real Estate Corp:Expects FY 2015 net income per diluted common share to be between $1.02 to $1.14.FY 2015 EPS of $1.09 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Ares Commercial Real Estate increases, extends borrowing capacity

* In addition, initial maturity of facility was extended to December 14, 2017 along with two one-year extensions