Ares Commercial Real Estate Q3 Profit Rises on Property Sale Gain
Ares Commercial Real Estate Corporation reported its third-quarter results on November 6, 2026: GAAP net income attributable to common stockholders rose to $10.0 million, or $0.18 per diluted share, from $4.7 million, or $0.08, a year earlier. A $7.1 million realized gain on the sale of real estate owned was a major contributor to the increase. The sale gain helped lift earnings even as net interest margin declined to $7.9 million from $8.5 million. Total expenses fell to $8.7 million from…