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Similar companies to Acre

Acre Tech Stack

Acre uses 8 technology products and services including Freshteam, Sesame, Open Graph, and more. Explore Acre's tech stack below.

Freshteam
Applicant Tracking Systems
Sesame
Human Resource
Open Graph
Miscellaneous
Webflow
Page Builders
GraphQL
Programming Languages
reCAPTCHA
Security
Cloudflare Bot Management
Security
Linkedin
Widgets

Media & News

Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)
Ares Commercial Real Estate failed to cover its dividend with distributable profits in 3Q24, reflecting high dividend adjustment risk and ongoing loan issues. The trust's portfolio has shrunk by 15% due to selling impaired loans, leading to a 72% YoY drop in distributable profits and negative net income. Ares Commercial Real Estate's stock trades at a 32% discount to book value, but the elevated dividend risk necessitates a rating change from 'Buy' to 'Hold.'.
Dec 09, 2024 | seekingalpha.com
Ares Commercial: The 14% Yield Is Likely Not Sustainable
Ares Commercial continues to face problems related to impaired loans in its office segment. The commercial mortgage REIT was forced to increase its CECL reserve in the third-quarter. ACRE realized losses of $0.10 per-share related to loan sales. Even when adjusting for such loan losses, the REIT did not support its dividend with distributable earnings.
Nov 20, 2024 | seekingalpha.com
A Decisive Realignment
U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.
Nov 10, 2024 | seekingalpha.com
Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
Nov 07, 2024 | seekingalpha.com
Ares Commercial Real Estate (ACRE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Ares Commercial Real Estate (ACRE) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Nov 07, 2024 | www.zacks.com
Ares Commercial Real Estate (ACRE) Lags Q3 Earnings and Revenue Estimates
Ares Commercial Real Estate (ACRE) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.25 per share a year ago.
Nov 07, 2024 | www.zacks.com
Ares Commercial Real Estate Corporation Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income (loss) of $(5.9) million or $(0.11) per diluted common share and Distributable Earnings(1) of $3.7 million or $0.07 per diluted common share for the third quarter of 2024. “During the third quarter, we continued to make progress on ou.
Nov 07, 2024 | www.businesswire.com

Acre's Email Address Formats

Acre uses at least 1 format(s):

Acre Email Formats	Example	Percentage
First.Last@acresoftware.com	John.Doe@acresoftware.com	49%
First.Middle@acresoftware.com	John.Michael@acresoftware.com	1%
First.Last@acresoftware.com	John.Doe@acresoftware.com	49%
First.Middle@acresoftware.com	John.Michael@acresoftware.com	1%

Frequently Asked Questions

Where is Acre's headquarters located?

Acre's main headquarters is located at Zetland House, Units E-G 4th Floor 5-25 Scrutton Street London, England EC2A 4HJ GB. The company has employees across 3 continents, including EuropeSouth AmericaNorth America.

What is Acre's stock symbol?

Acre is a publicly traded company; the company's stock symbol is ACRE.

What is Acre's official website and social media links?

Acre's official website is acresoftware.com and has social profiles on LinkedIn.

How much revenue does Acre generate?

As of August 2024, Acre's annual revenue reached $3.8M.

What is Acre's NAICS code?

Acre's NAICS code is 52 - Finance and Insurance.

How many employees does Acre have currently?

As of August 2024, Acre has approximately 52 employees across 3 continents, including EuropeSouth AmericaNorth America. Key team members include Head Of Design: A. S.Head Of Business Development: R. H.Head Of Customer Success: K. Z.. Explore Acre's employee directory with LeadIQ.

What industry does Acre belong to?

Acre operates in the Financial Services industry.

What technology does Acre use?

Acre's tech stack includes FreshteamSesameOpen GraphWebflowGraphQLreCAPTCHACloudflare Bot ManagementLinkedin.

What is Acre's email format?

Acre's email format typically follows the pattern of . Find more Acre email formats with LeadIQ.

How much funding has Acre raised to date?

As of August 2024, Acre has raised $6.5M in funding. .

When was Acre founded?

Acre was founded in 2018.

Acre

Financial ServicesEngland, United Kingdom51-200 Employees

Acre is transforming the way we buy property. Getting a mortgage is a huge decision, but it's also a huge pain. We're changing the way brokers, banks, and insurers manage your information to allow a faster and more transparent process for everyone involved.

Company Overview

Headquarters: Zetland House, Units E-G 4th Floor 5-25 Scrutton Street London, England EC2A 4HJ GB
Website: acresoftware.com
Stock Symbol: ACRE
NAICS Code: 52 - Finance and Insurance
Founded: 2018
Employees: 51-200

Media & News

Funding & Financials

$6.5M
Acre has raised a total of $6.5M of funding over 1 rounds. .
$10M
Acre's revenue is in the range of $10M

Funding & Financials

$6.5M
Acre has raised a total of $6.5M of funding over 1 rounds. .
$10M
Acre's revenue is in the range of $10M

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Acre Tech Stack

Media & News

Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)

Ares Commercial: The 14% Yield Is Likely Not Sustainable

A Decisive Realignment

Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript

Ares Commercial Real Estate (ACRE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Ares Commercial Real Estate (ACRE) Lags Q3 Earnings and Revenue Estimates

Ares Commercial Real Estate Corporation Reports Third Quarter 2024 Results

Acre's Email Address Formats

Frequently Asked Questions

Where is Acre's headquarters located?

What is Acre's stock symbol?

What is Acre's official website and social media links?

How much revenue does Acre generate?

What is Acre's NAICS code?

How many employees does Acre have currently?

What industry does Acre belong to?

What technology does Acre use?

What is Acre's email format?

How much funding has Acre raised to date?

When was Acre founded?

Acre

Company Overview

Media & News

Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)

Ares Commercial: The 14% Yield Is Likely Not Sustainable

A Decisive Realignment

Funding & Financials

Funding & Financials

Company Leadership

Employee Directory

Ready to create more pipeline?

Ready to create more pipeline?