Ares Commercial Real Estate Stock: Discount Without A Bargain (NYSE:ACRE)

Core Insights - Ares Commercial Real Estate Corporation (ACRE) is a mortgage REIT that has reported its Q3 earnings, indicating progress in addressing distressed loans, although significant work remains to be done [1] Company Summary - ACRE has made strides in turning around its distressed loans, but challenges persist, suggesting a need for continued focus on loan management and recovery strategies [1] Investment Analysis - The analysis is based on value investing principles, emphasizing an owner's mindset and a long-term investment horizon, which may appeal to investors looking for stability in the mortgage REIT sector [1]