Ares Commercial Real Estate Corp
Company Overview
Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. The company operates as a real estate investment trust (REIT) and provides financing solutions for the commercial real estate market.
The company focuses on originating senior loans collateralized by commercial real estate properties that are owned and operated by experienced sponsors. Their portfolio typically includes office buildings, multifamily properties, retail locations, hotels, and other commercial properties.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $10.89m | $27.4m | $11.94m | $27.4m | 109.71% | 100.00% |
| June 30, 2024 | $410000.0 | $27.48m | $13.36m | $27.48m | 3259.51% | 100.00% |
| March 31, 2024 | $19.69m | $28.82m | $15.21m | $28.82m | 77.28% | 100.00% |
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