 NEW YORK--BUSINESS WIRE--Ares Commercial Real Estate Corporation the Company NYSE:ACRE, a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles GAAP net income of 15.7 million or 0.45 per diluted common share and Distributable Earnings1 of 13.9 million or 0.40 per diluted common share for the first quarter of 2021. Our first quarter results mark a strong start to 2021, with significan 