Business Context and Reporting Period
Company: Ares Commercial Real Estate Corp (ACRE)
Filing Type: Form 8-K (Current Report)
Report Date: February 15, 2022
Reporting Period: Quarter and year ended December 31, 2021
This filing serves as a notification that the company issued a press release and earnings presentation regarding its financial results for the period ended December 31, 2021. The detailed financial data is contained in the attached exhibits (Exhibit 99.1 and 99.2) and is incorporated by reference.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are disclosed in the attached press release and presentation (Exhibits 99.1 and 99.2) referenced in Item 2.02.
Material Changes
The filing text does not explicitly detail material changes versus the prior comparable period. It only confirms the announcement of results for the quarter and year ended December 31, 2021.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release and earnings presentation containing management's discussion of the results.
Legal Status of Information: The information furnished under Item 2.02, including the exhibits, is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into Securities Act filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, net income, and FFO figures for Q4 and FY 2021.
- Examine Exhibit 99.2 (Earnings Presentation) for portfolio updates, occupancy rates, and liquidity details.
- Verify the company's debt maturity schedule and interest rate exposure, as these are not detailed in the 8-K cover text.
- Confirm any forward-looking guidance or outlook statements provided in the attached presentation materials.