Ares Commercial Real Estate (ACRE) Tops Q2 EPS by 4c
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Ares Commercial Real Estate Corporation Reports Second Quarter 2016 Results
August 4, 2016 6:30 AM EDTSecond quarter net income of $8.7 million or $0.31 per diluted common share
Announced sale of Mortgage Banking subsidiary for $93 million
- Subsequent to end of first quarter -
Closed $158 million of senior loan commitments in July 2016
Declared third quarter 2016 dividend of $0.26 per common share
JUNEÂ 30, 2016 FINANCIAL RESULTS
NEW YORK--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (the Company, ACRE, we, or our) (NYSE: ACRE), a specialty finance company primarily engaged... More
