Ares Commercial Real Estate Corporation is a specialty finance company and real estate investment trust formed in 2011, with principal executive offices in New York, New York. It is publicly traded and externally managed by a subsidiary of Ares Management Corporation. Its main activity is directly originating and managing a diverse portfolio of commercial real estate debt-related investments. As a specialized vehicle within a larger global alternative investment manager, it aims to deliver attractive risk-adjusted returns to stakeholders through disciplined underwriting and creative deal structuring. It completed its initial public offering in May 2012 and has since built a record of longevity in public markets, drawing on its external manager's resources and industry relationships through various economic cycles. The company targets middle-market commercial real estate loans sourced via a national direct origination platform. The emphasis is on senior mortgage loans, though subordinate debt and other real estate-related securities are allowed when appropriate. Its geographic focus is the United States, where investment professionals in multiple regional offices find and execute lending opportunities. The credit-driven strategy stresses collateral quality and sponsor strength to preserve capital and generate steady income. Loans are structured flexibly to suit borrowers while meeting the standards required for REIT qualification, which keeps the company a consistent capital provider in the commercial mortgage market across property types and regions. As of late 2025, the company operated four dedicated offices across the United States, covering major metropolitan markets, and its professionals source new loans and manage existing assets from those locations. Its investor base consists mainly of public shareholders, both institutional and individual, who want exposure to commercial real estate debt through a liquid, transparent vehicle. Its history of more than a decade as a public entity, together with its place in the Ares Management platform, gives it access to extensive market intelligence and operational support, underpinning a stable and scalable platform for capital providers across the global financial landscape.
| Investor | Type | Based in | Focus | AUM | Contacts |
|---|---|---|---|---|---|
| SEI Investments | Fund of Funds | Oaks | Multifamily · Industrial | $1.5T | 4 |
| Blackstone Group - Fund of Funds and Secondary | Fund of Funds | New York | Multifamily · Industrial · Core | $1.1T | 16 |
| New York Life Investment Management | Asset Manager | New York | Multifamily · Industrial · Co-investment | $740B | 5 |
| Brookfield Asset Management | Asset Manager | Toronto, Canada | Multifamily · Industrial · Opportunistic · Joint venture | $690B | 12 |
| KKR | Asset Manager | New York | Multifamily · Industrial · Core · Co-investment | $553B | 11 |
| Ares Management | Asset Manager | Los Angeles | Multifamily · Industrial · Core | $546B | 16 |
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