Ares Commercial Real Estate Corp (NYSE:ACRE)
$ 6.55 -0.11 (-1.65%) Market Cap: 357.02 Mil Enterprise Value: 1.74 Bil PE Ratio: 0 PB Ratio: 0.59 GF Score: 51/100

Q1 2023 Ares Commercial Real Estate Corp Earnings Call Transcript

May 02, 2023 / 02:00PM GMT
Release Date Price: $7.87 (-7.74%)
Operator

Good morning. Welcome to Ares Commercial Real Estate Corporation's First Quarter March 31, 2023 Earnings Conference Call. (Operator Instructions) As a reminder, this call is being recorded on Tuesday, May 2, 2023.

I will now turn the call over to John Stilmar, Managing Director and Investor Relations. Thank you. You may begin.

John W. Stilmar
Ares Management Corporation - MD of Public IR & Corporate Communications Group

Good morning, and thank you for joining us on today's conference call. I'm joined today by our CEO, Bryan Donohoe; our CFO, Tae-Sik Yoon; and other members of our team. In addition to our press release and the 10-Q that we filed with the SEC, we have posted an earnings presentation under the Investor Resources section of our website at www.arescre.com.

Before we begin, I want to remind everyone that comments made during the course of this conference call and webcast as well as the accompanying documents contain forward-looking statements and are subject to

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