“We are approaching the current market by continuing to directly originate senior loans backed by high-quality commercial properties as well as opportunistically acquiring investment grade commercial real estate securities, in both cases at wider, attractive credit spreads,” Donohoe said.

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“We believe our strong position of $156 million of available liquidity and no credit spread-based mark-to-market sources of financing positions us well to navigate today’s market,” added Tae-Sik Yoon, chief financial officer of Ares Commercial Real Estate Corporation.

Ares primarily originates and invests in commercial real estate loans and related investments. Through its national direct origination platform, the company offers several CRE financing options and originates senior mortgage loans, subordinate financings, mezzanine debt, and preferred equity.