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Ares Commercial Real Estate Corporation (ACRE)

NYSE - NYSE Delayed price. Currency in USD
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7.59-0.06 (-0.78%)
At close: 04:00PM EST
7.61 +0.02 (+0.26%)
After hours: 07:39PM EST

Ares Commercial Real Estate Corporation

245 Park Avenue
42nd Floor
New York, NY 10167
United States
212 750 7300
https://www.arescre.com

Sector(s)Real Estate
IndustryREIT - Mortgage
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Bryan Patrick DonohoeChief Executive OfficerN/AN/A1979
Mr. Tae-Sik YoonCFO & Treasurer198.39kN/A1967
Mr. Anton FeingoldGeneral Counsel, VP & Secretary218.98kN/A1981
Mr. William Stephen BenjaminPartner, Head of Ares Real Estate & Chairman of the BoardN/AN/A1965
Mr. David Roth CFA, J.D.PresidentN/AN/A1967
Mr. John W. StilmarPartner of Public Investor Relations & CommunicationsN/AN/AN/A
Mr. Carl G. Drake C.F.A.Partner & Senior AdvisorN/AN/AN/A
Mr. A. Wilson LamontPartner & Co-Head of European Real Estate EquityN/AN/AN/A
Mr. Andrew E. HolmPartnerN/AN/AN/A
Mr. John RuanePartner & Co-Head of European Real Estate EquityN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt and preferred equity products, mezzanine loans, and other CRE investments, including commercial mortgage-backed securities. It has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Corporation was incorporated in 2011 and is based in New York, New York.

Corporate governance

Ares Commercial Real Estate Corporation’s ISS governance QualityScore as of 1 February 2024 is 7. The pillar scores are Audit: 6; Board: 8; Shareholder rights: 9; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.