ACRE News Ares Commercial Real Estate Corporation Announces Updated Tax Information Related to Excess Inclusion Income

Ares Commercial Real Estate Corporation Announces Updated Tax Information Related to Excess Inclusion Income

News

Ares Commercial Real Estate Corporation Announces Updated Tax Information Related to Excess Inclusion Income

May

8

2015

CHICAGO--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (NYSE:ACRE) today posted updated information related to excess inclusion income to investors in its common stock (CUSIP # 04013V-10-8). Please see www.arescre.com and click on the Tax Reporting Section under the Investor Resources section of the website.


About Ares Commercial Real Estate Corporation


Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in principal lending and mortgage banking of commercial real estate investments. Through Ares Commercial Real Estate Corporation’s national direct origination platform, it provides a broad offering of flexible financing solutions for commercial real estate owners and operators. Through ACRE Capital LLC, Ares Commercial Real Estate Corporation’s mortgage banking subsidiary, it originates and services multifamily residential mortgage loans, senior housing and healthcare facility loans by utilizing programs overseen by governmental agencies and government-sponsored entities. Ares Commercial Real Estate Corporation elected and qualified to be taxed as a real estate investment trust and is externally managed by a subsidiary of Ares Management, L.P. (NYSE:ARES), a publicly traded, leading global alternative asset manager with approximately $86 billion of assets under management as of December 31, 2014 and pro forma for the acquisition of Energy Investors Funds which closed on January 1, 2015. For more information, please visit www.arescre.com. The contents of such website are not, and should not be deemed to be, incorporated by reference herein.


Forward-Looking Statements


Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which relate to future events or the Company’s future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including the risks described from time to time in the Company’s filings with the Securities and Exchange Commission. Ares Commercial Real Estate Corporation undertakes no duty to update any forward-looking statements made herein.


 
Ares Commercial Real Estate Corporation
Carl Drake or John Stilmar, 888-818-5298


Source: Ares Commercial Real Estate Corporation