 NEW YORK--BUSINESS WIRE--Ares Commercial Real Estate Corporation the Company NYSE:ACRE, today announced the pricing of an underwritten public offering of 7,000,000 shares of common stock for total estimated gross proceeds of approximately 101.9 million. The Company has also granted the underwriters an option for 30 days to purchase up to an additional 1,050,000 shares of common stock. The offering is expected to close on or about March 17, 2021, subject to customary closing conditions. 