our company name has been changed to barings multifamily capital llc in conjunction with the september 30, 2016 acquisition of the acre capital companies by barings real estate advisers llc. a new page will be coming soon. barings multifamily capital llc (“barings multifamily”) provides comprehensive financing solutions to affordable housing, market-rate multifamily, senior housing and healthcare investors and property owners nationwide. barings multifamily capital llc (and its subsidiaries) is an equal opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, citizenship status, disability, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, genetic predisposition and carrier status, status as unemployed, political affiliation or any other characterist
Company profile
Ticker
ACRE
Exchange
Website
CEO
Bryan Donohoe
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ACRC Holdings LLC • ACRC Lender LLC • ACRC Lender C LLC • ACRC Lender W LLC • ACRC Lender W TRS LLC • ACRC 2017-FL3 Holder LLC • ACRC Lender ML LLC • ACRC Mezz Holdings LLC • ACRC Warehouse Holdings LLC • ACRC 2017-FL3 Holder I L.P. ...
IRS number
453148087
ACRE stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
21 Feb 24
8-K
Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2023 Results
21 Feb 24
8-K
Entry into a Material Definitive Agreement
6 Feb 24
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Ares Commercial Real Estate Corporation Reports Third Quarter 2023 Results
3 Nov 23
8-K
Regulation FD Disclosure
8 Sep 23
10-Q
2023 Q2
Quarterly report
1 Aug 23
8-K
Ares Commercial Real Estate Corporation Reports Second Quarter 2023 Results
1 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
30 May 23
10-Q
2023 Q1
Quarterly report
1 May 23
Transcripts
ACRE
Earnings call transcript
2023 Q4
22 Feb 24
ACRE
Earnings call transcript
2023 Q3
3 Nov 23
ACRE
Earnings call transcript
2023 Q2
2 Aug 23
ACRE
Earnings call transcript
2023 Q2
2 Aug 23
ACRE
Earnings call transcript
2023 Q1
2 May 23
ACRE
Earnings call transcript
2022 Q4
15 Feb 23
ACRE
Earnings call transcript
2022 Q3
2 Nov 22
ACRE
Earnings call transcript
2022 Q2
29 Jul 22
ACRE
Earnings call transcript
2022 Q1
3 May 22
ACRE
Earnings call transcript
2021 Q4
15 Feb 22
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
4
Bryan Patrick Donohoe
1 Feb 24
144
Notice of proposed sale of securities
30 Jan 24
4
ANTON FEINGOLD
30 Jan 24
144
Notice of proposed sale of securities
29 Jan 24
SC 13G/A
BlackRock Inc.
25 Jan 24
4
ANTON FEINGOLD
14 Dec 23
4
Bryan Patrick Donohoe
14 Dec 23
4
Tae Sik Yoon
14 Dec 23
4
JAMES E SKINNER
21 Apr 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 61.02 mm | 61.02 mm | 61.02 mm | 61.02 mm | 61.02 mm | 61.02 mm |
Cash burn (monthly) | 27.20 mm | 1.36 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 153.04 mm | 7.63 mm | n/a | n/a | n/a | n/a |
Cash remaining | -92.02 mm | 53.38 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -3.4 | 39.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
39.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 138 |
Opened positions | 18 |
Closed positions | 18 |
Increased positions | 46 |
Reduced positions | 47 |
13F shares | Current |
---|---|
Total value | 196.21 bn |
Total shares | 21.25 mm |
Total puts | 110.10 k |
Total calls | 207.50 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 4.65 mm | $44.23 bn |
Vanguard | 2.63 mm | $25.05 bn |
STT State Street | 1.22 mm | $12.02 bn |
Geode Capital Management | 1.12 mm | $10.68 bn |
Millennium Management | 1.06 mm | $10.10 bn |
Wellington Management | 1.02 mm | $9.75 bn |
Mirae Asset Global Investments | 752.44 k | $7.16 bn |
Arete Wealth Management | 620.37 k | $5.91 bn |
Smith, Graham & Co., Investment Advisors | 610.38 k | $5.81 bn |
NTRS Northern Trust | 529.89 k | $5.04 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Jan 24 | Bryan Patrick Donohoe | Common Stock | Sell | Dispose S | No | No | 10.3174 | 18,868 | 194.67 k | 197,414 |
29 Jan 24 | Feingold Anton | Common Stock | Sell | Dispose S | No | No | 10.3744 | 5,890 | 61.11 k | 68,975 |
13 Dec 23 | Bryan Patrick Donohoe | Common Stock | Grant | Acquire A | No | No | 0 | 59,000 | 0.00 | 216,282 |
13 Dec 23 | Tae Sik Yoon | Common Stock | Grant | Acquire A | No | No | 0 | 40,000 | 0.00 | 219,253 |
13 Dec 23 | Feingold Anton | Common Stock | Grant | Acquire A | No | No | 0 | 21,000 | 0.00 | 74,865 |
News
Downgrades Flood In For Commercial Real Estate Stocks: Analysts Warn Of 'Rocky Road Ahead'
4 Mar 24
Demystifying Ares Comml Real Est: Insights From 4 Analyst Reviews
4 Mar 24
B of A Securities Downgrades Ares Comml Real Est to Underperform, Lowers Price Target to $7
4 Mar 24
Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks With Over 12% Dividend Yields
29 Feb 24
Keefe, Bruyette & Woods Maintains Market Perform on Ares Comml Real Est, Lowers Price Target to $8
26 Feb 24