(Source: Ares Commercial Real Estate Corporation) Generated Record Net Income of $9.4 million or $0.33 per diluted common share Originated new commitments of $230 million - Subsequent to end of third quarter - Declared fourth quarter 2015 dividend of $0.25 per common share Reaffirming full-year 2015 EPS guidance range of $1.12 - $1.18 CHICAGO--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (the 'Company,' 'ACRE,' 'we,' or 'our') (NYSE:ACRE), a specialty finance company primarily engaged in principal lending and mortgage banking of commercial real estate investments, reported record net income of $9.4 million or $0.33 per diluted common share for the quarter ended September 30,...
↧