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0.120553359683794 0.120553359683794 0.183794466403162 0.183794466403162 0.300395256916996 0.247885375494071 0.456521739130435 0.33201581027668
Stock impact report

Ares Commercial Real Estate Corporation Issues Letter to Stakeholders

Ares Commercial Real Estate Corporation (ACRE) 
Last ares commercial real estate corporation earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: arescre.com
Company Research Source: Business Wire
Confirms $0.33 per Share First Quarter 2020 Cash Dividend Payable on April 15, 2020Loan Portfolio Comprised of 95% Senior Loans Primarily in Multifamily, Office and Industrial PropertiesDiverse Funding Sources with No Spread-Based Margin CallsHotel Loans Financed Across Multiple Credit Facilities with Diverse Collateral NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (“ACRE” or the “Company”) (NYSE:ACRE) issued a letter today to stakeholders.Dear Fellow Stakeholders,On behalf of the ACRE leadership team, we hope this letter finds you, your families and your colleagues healthy and safe during these challenging times. Following the outbreak of COVID-19 and its impact on our economy and our business, we want to assure our stakeholders that our manager’s highly experienced senior team and dedicated employees are fully operational during the ongoing disruption. Over the past few weeks, we have been in constant and constructive dialogue with our borrowers and our finan Show less Read more
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