# Ares Commercial Real Estate Corp (ACRE) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Ares Commercial Real Estate Corp's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/ACRE/mda/fy2025/): filed 2026-02-10; accession 0001628280-26-006635 (https://www.sec.gov/Archives/edgar/data/1529377/000162828026006635/acre-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/ACRE/mda/fy2024/): filed 2025-02-12; accession 0001628280-25-005002 (https://www.sec.gov/Archives/edgar/data/1529377/000162828025005002/acre-20241231.htm)
- [FY 2023 MD&A](/company/ACRE/mda/fy2023/): filed 2024-02-22; accession 0001628280-24-006105 (https://www.sec.gov/Archives/edgar/data/1529377/000162828024006105/acre-20231231.htm)
- [FY 2022 MD&A](/company/ACRE/mda/fy2022/): filed 2023-02-15; accession 0001628280-23-003601 (https://www.sec.gov/Archives/edgar/data/1529377/000162828023003601/acre-20221231.htm)
- [FY 2021 MD&A](/company/ACRE/mda/fy2021/): filed 2022-02-15; accession 0001628280-22-002648 (https://www.sec.gov/Archives/edgar/data/1529377/000162828022002648/acre-20211231.htm)

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