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Ares Commercial Real Estate Posts Q4 Profit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ares Commercial Real Estate Corp. (ACRE) Monday reported fourth-quarter profit of $1.08 million or $0.12 per share, compared to a loss of $163 thousand or $8.56 per share in the same period last year.

Net-interest margin totaled $3.63 million, compared to a loss of $36 thousand last year.

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