Ares Commercial Real Estate Corporation (NYSE:ACRE) Files An 8-K Submission of Matters to a Vote of Security Holders

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Ares Commercial Real Estate Corporation (NYSE:ACRE) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 7, 2017, Ares Commercial Real Estate Corporation (the
Company) held its Annual Meeting of Stockholders (the Annual
Meeting). A quorum was present at the Annual Meeting and the
Companys stockholders: (i) elected the two Class II directors
named below and (ii) ratified the appointment of Ernst Young LLP
as the Companys independent registered public accounting firm for
the fiscal year ending December 31, 2017. The final voting
results from the Annual Meeting were as follows:
(1) A proposal to elect two Class II directors to serve until the
Companys 2020 annual meeting of stockholders, and until their
successors have been duly elected and qualify.
VOTES FOR
VOTES WITHHELD
BROKER NON-VOTES
Caroline E. Blakely
15,100,090
5,335,522
5,571,070
Robert L. Rosen
19,961,500
474,112
5,571,070
(2) A proposal to ratify the selection of Ernst Young LLP as the
Companys independent registered public accounting firm for the
year ending December 31, 2017.
VOTES FOR
VOTES WITHHELD
VOTES ABSTAINED
25,964,636
13,780
28,266


About Ares Commercial Real Estate Corporation (NYSE:ACRE)

Ares Commercial Real Estate Corporation is a specialty finance company. The Company is focused on directly originating, managing and servicing a portfolio of commercial real estate (CRE) debt-related investments for its own account. It operates in two segments: principal lending and mortgage banking. Its target investments include senior loans, bridge loans, subordinated debt, preferred equity and other CRE investments. The Company is also engaged in the mortgage banking business through its subsidiary, ACRE Capital LLC (ACRE Capital). Its Principal Lending Business includes all business activities of the Company, which represents investments in real estate related loans and securities that are held for investment. In mortgage banking business, the Company directly originates long-term senior loans collateralized by multifamily and senior-living properties, and sells them to third parties pursuant to programs overseen by government agencies and government-sponsored enterprises.