Ares Commercial Real Estate delivers Q2 net income of $4.4 million
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Ares Commercial Real Estate (NYSE:ACRE) reported second-quarter GAAP net income of $4.4 million and Distributable Earnings of $6.9 million.
Ares Commercial Real Estate (NYSE:ACRE) reported second-quarter GAAP net income of $4.4 million and Distributable Earnings of $6.9 million.
Ares Management (NYSE:ARES) announced its second-quarter 2026 financial results, posting a GAAP net income attributable to the company of $150.6 million, or $0.49 per share.
Ares Capital (NASDAQ:ARCC) reported a second-quarter GAAP net income of $171 million and declared a third-quarter dividend of $0.48 per share.
Ares Chief Executive Officer Michael Arougheti discusses the deployment of artificial intelligence and second-quarter results. "We want to be horizontally diversified across all the different private market asset classes," he tells Bloomberg Television. Arougheti also comments on the state of private equity. "The institutional demand for private credit is probably accelerating right now because they're seeing spreads widening and they're seeing capital leave the market and feel like there's an opportunity to come in and take share," he says.
