Exhibit 99.1

ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS

THIRD QUARTER 2015 RESULTS

Generated Record Net Income of $9.4 million or $0.33 per diluted common share

Originated new commitments of $230 million

- Subsequent to end of third quarter -

Declared fourth quarter 2015 dividend of $0.25 per common share

Reaffirming full-year 2015 EPS guidance range of $1.12 - $1.18

SEPTEMBER 30, 2015 FINANCIAL RESULTS

Chicago, IL — November 5, 2015 - Ares Commercial Real Estate Corporation (the “Company,” “ACRE,” “we,” or “our”) (NYSE:ACRE), a specialty finance company primarily engaged in principal lending and mortgage banking of commercial real estate investments, reported record net income of $9.4 million or $0.33 per diluted common share for the quarter ended September 30, 2015. In addition, the Company announced that its Board of Directors declared a fourth quarter 2015 dividend of $0.25 per common share payable on January 19, 2016 to common stockholders of record on December 31, 2015.

“Our strong third quarter earnings demonstrate continued progress toward achieving our annual earnings goals,” said Robert L. Rosen, Chairman and Interim Co-Chief Executive Officer of ACRE. “Our earnings were driven by continued stable principal lending results as well as both solid production and a favorable product mix in mortgage banking.”

“Given the recent volatility in the credit markets, we are finding our diverse offerings and flexible capital to be a point of differentiation to borrowers,” said John Jardine, President and Co-Chief Executive Officer of ACRE.  “We are witnessing improved terms and incrementally more attractive investment opportunities across the capital structure as market participants search for consistent lenders in the face of recent volatility.”

“Our loan portfolio and balance sheet remain well positioned given our strong credit performance, available liquidity and moderate leverage,” said Tae-Sik Yoon, Chief Financial Officer of ACRE. “We expect to have sufficient available cash to repay our convertible notes maturing in December 2015. In addition, we continue to explore debt financing options that could help us further optimize our capital structure.”

2015 GUIDANCE UPDATE

For the year ending December 31, 2015, the Company is reaffirming its estimated net income per diluted common share to be between $1.12 to $1.18.

The Company’s guidance is based upon management’s current expectations regarding (1) the timing and amount of, and returns on, originations in the Principal Lending and Mortgage Banking segments in the Company’s existing pipeline, (2) the timing and amount of repayments in the Principal Lending and Mortgage Banking segments, (3) the availability and cost, including advance rates, of additional debt capital to fund new investments and commitments on existing investments, refinance existing indebtedness and for general corporate working capital purposes, (4) interest rate volatility, (5) change in the fair value of mortgage servicing rights and derivatives held by the Company, (6) taxation associated with the Company’s taxable REIT subsidiaries (“TRS”), including most significantly the TRS that holds the Mortgage Banking segment, (7) changes in the Company’s operating costs and expenses, (8) impact of raising additional debt or equity capital and (9) material acquisitions or dispositions by the Company. The Company’s guidance is also based on current expectations of market conditions, including but not limited to the level of lending and borrowing spreads, the lack of a federal government shutdown and the continuing operation of government agencies, commercial real estate loan volumes and government-sponsored enterprise activity and the judgment of the Company’s management team. There is no

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guarantee or assurance that such activities will occur as expected or at all. The Company’s earnings estimates are forward-looking statements and are subject to risks and other factors described elsewhere in this press release. The Company will discuss the earnings estimates on its November 5, 2015 conference call. Actual events or conditions may differ materially from these assumptions and therefore, actual results may vary significantly.

THREE MONTHS ENDED SEPTEMBER 30, 2015 FINANCIAL HIGHLIGHTS

Financial Results and Activities:

·                  For the three months ended September 30, 2015, net income was $9.4 million or $0.33 per diluted common share, comprised of $6.4 million in net income for the Principal Lending segment and $3.0 million in net income for the Mortgage Banking segment.

·                  For the Principal Lending segment, new originations were $22.1 million in commitments and outstanding principal and an additional $15.2 million of fundings on existing commitments for the three months ended September 30, 2015.  Loan repayments totaled $47.0 million in outstanding principal for the three months ended September 30, 2015.

·                  For the Mortgage Banking segment, originations for the three months ended September 30, 2015 totaled $207.5 million in commitments.

Capital Activities:

·                  In July 2015, the Company exercised a 12-month extension option on the $75.0 million revolving funding facility with City National Bank. The extended maturity date is July 31, 2016.

·                  In August 2015, the Company extended the scheduled repurchase date on the $57.2 million global master repurchase agreement with UBS AG. The extended maturity date is July 6, 2016.

PRINCIPAL LENDING SEGMENT AS OF SEPTEMBER 30, 2015

At September 30, 2015, within its Principal Lending segment, the Company had originated or co-originated 39 loans held for investment (excluding 21 loans totaling $627.2 million in outstanding principal that were repaid or sold since inception) totaling approximately $1.3 billion in commitments and $1.2 billion in outstanding principal, excluding non-controlling interests held by third parties.

Portfolio Interest Rate, Yield and Remaining Life Summary ($ in millions, except percentages):

(1)                                 The difference between the Carrying Amount and the Outstanding Principal face amount of the loans held for investment consists of unamortized purchase discount, deferred loan fees and loan origination costs.  The table above excludes non-controlling interests held by third parties. See reconciliation below of the Carrying Amount as included within the Company’s consolidated balance sheets.

(2)                                 Unleveraged Effective Yield is the compounded effective rate of return that would be earned over the life of the investment based on the contractual interest rate (adjusted for any deferred loan fees, costs, premium or discount) and assumes no dispositions, early prepayments or defaults. The Total Weighted Average Unleveraged Effective Yield is calculated based on the average of Unleveraged Effective Yield of all loans held by the Company as of September 30, 2015 as weighted by the Outstanding Principal balance of each loan.

As of September 30, 2015, 90% of the Principal Lending segment’s loans held for investment portfolio consisted of floating rate loans and 83% consisted of senior mortgage loans, respectively (as measured by outstanding principal), excluding non-controlling interests held by third parties.

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A reconciliation of ACRE’s loans held for investment portfolio, excluding non-controlling interests, to ACRE’s loans held for investment as shown within its consolidated balance sheets is as follows ($ in millions):

Portfolio Diversification Summary as of September 30, 2015 (excluding non-controlling interests held by third parties):

($ in millions, except percentages)

PROPERTY TYPE

GEOGRAPHIC MIX

MORTGAGE BANKING SEGMENT (ACRE CAPITAL) AS OF SEPTEMBER 30, 2015

For the three months ended September 30, 2015, ACRE Capital originated $207.5 million in total commitments comprised of $45.4 million in Fannie Mae Delegated Underwriting and Servicing (“Fannie Mae”) loans, $139.1 million in Federal Housing Administration (“HUD”) loans and $23.0 million in Federal Home Loan Mortgage Corporation (“Freddie Mac”) loans.

As of September 30, 2015, ACRE Capital’s multifamily servicing portfolio consisted of 977 loans with an unpaid principal balance of $4.7 billion. The carrying value of ACRE Capital’s mortgage servicing rights was $60.1 million at September 30, 2015.

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RECENT DEVELOPMENTS, INVESTMENT CAPACITY AND LIQUIDITY

On October 21, 2015, the Company extended the maturity of the $140.0 million revolving master repurchase facility with UBS Real Estate Securities Inc. (“UBS”) to October 21, 2018, which is subject to annual extensions in UBS’ sole discretion.

As of November 3, 2015, ACRE Capital had originated $32.6 million quarter to date in Fannie Mae, Freddie Mac or HUD loan commitments.

As of November 3, 2015, the Company had approximately $70 million in capital, either in cash or in approved but undrawn capacity under the Company’s secured funding agreements.

As of November 3, 2015, the total unfunded commitments for the Company’s existing loans held for investment were approximately $106 million. In addition, borrowings under the Company’s secured funding agreements were approximately $481 million, debt issued in the form of commercial mortgage-backed securities was approximately $62 million, debt issued in the form of collateralized loan obligations was approximately $221 million and debt issued in the form of convertible senior notes that are scheduled to mature in December 2015 was approximately $69 million.

On November 5, 2015, the Company declared a cash dividend of $0.25 per common share for the fourth quarter of 2015. The fourth quarter 2015 dividend is payable on January 19, 2016 to common stockholders of record as of December 31, 2015.

THIRD QUARTER 2015 DIVIDEND

On July 30, 2015, the Company declared a cash dividend of $0.25 per common share for the third quarter of 2015. The third quarter 2015 dividend was paid on October 15, 2015 to common stockholders of record as of September 30, 2015.

CONFERENCE CALL AND WEBCAST INFORMATION

On Thursday, November 5, 2015, the Company invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) to discuss its third quarter 2015 financial results.

All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of the Company’s website at http://www.arescre.com. Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing (888)-317-6003. International callers can access the conference call by dialing +1(412)-317-6061. All callers will need to enter the Participant Elite Entry Number 8076598 followed by the # sign and reference “Ares Commercial Real Estate Corporation” once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected. For interested parties, an archived replay of the call will be available through November 18, 2015 at 5:00 p.m. (Eastern Time) to domestic callers by dialing (877)-344-7529 and to international callers by dialing +1(412)-317-0088. For all replays, please reference conference number 10073051. An archived replay will also be available through November 18, 2015 on a webcast link located on the Home page of the Investor Resources section of the Company’s website.

ABOUT ARES COMMERCIAL REAL ESTATE CORPORATION

Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in principal lending and mortgage banking of commercial real estate investments. Through Ares Commercial Real Estate Corporation’s national direct origination platform, it provides a broad offering of flexible financing solutions for commercial real estate owners and operators. Through ACRE Capital LLC, Ares Commercial Real Estate Corporation’s mortgage banking subsidiary, it originates and services multifamily residential mortgage loans, senior housing and healthcare facility loans by utilizing programs overseen by governmental agencies and government-sponsored entities. Ares Commercial Real Estate

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Corporation elected and qualified to be taxed as a real estate investment trust for U.S. federal income tax purposes and is externally managed by a subsidiary of Ares Management, L.P. (NYSE:ARES), a publicly traded, leading global alternative asset manager with approximately $88 billion of assets under management as of June 30, 2015. For more information, please visit www.arescre.com. The contents of such website are not, and should not be deemed to be, incorporated by reference herein.

FORWARD-LOOKING STATEMENTS

Statements included herein or on the webcast / conference call, including the Company’s estimated earnings per share for the full year 2015, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended, which relate to future events or Ares Commercial Real Estate Corporation’s future performance or financial condition.  These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties.  Actual results could differ materially from those in the forward-looking statements as a result of a number of factors, including the returns on current and future investments, rates of repayments and prepayments on the Company’s mortgage loans, availability of investment opportunities, the Company’s ability to originate additional investments and completion of pending investments, the availability of capital, the availability and cost of financing, market trends and conditions in the Company’s industry and the general economy, the level of lending and borrowing spreads, commercial real estate loan volumes, a federal government shut down or other disruption to the continuing operation of government agencies, government-sponsored enterprise activity and other risks described from time to time in the Company’s filings with the Securities and Exchange Commission.  Any forward-looking statement, including any contained herein, speaks only as of the time of this press release and Ares Commercial Real Estate Corporation undertakes no duty to update any forward-looking statements made herein or on the webcast/conference call, including the Company’s estimated earnings per share for the full year 2015. Projections and forward-looking statements are based on management’s good faith and reasonable assumptions, including the assumptions described herein.

CONTACTS

Carl Drake or John Stilmar

Ares Commercial Real Estate Corporation

888-818-5298

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ARES COMMERCIAL REAL ESTATE CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

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ARES COMMERCIAL REAL ESTATE CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except share and per share data)

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ARES COMMERCIAL REAL ESTATE CORPORATION AND SUBSIDIARIES

BALANCE SHEET SEGMENT INFORMATION

AS OF SEPTEMBER 30, 2015

(in thousands)

(unaudited)

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ARES COMMERCIAL REAL ESTATE CORPORATION AND SUBSIDIARIES

THREE MONTHS ENDED SEPTEMBER 30, 2015

SEGMENT STATEMENT OF OPERATIONS

(in thousands)

(unaudited)

(1)                                 Revenues from two of the Company’s borrowers in the principal lending segment represented approximately 25.9% of the Company’s consolidated revenues for the three months ended September 30, 2015.

(2)                                 Interest expense does not include interest expense related to the intercompany notes. Additionally, servicing fees, net does not include servicing fee revenue related to the primary servicing of ACRE’s loan portfolio by ACRE Capital. The intercompany interest expense and servicing fee revenue are eliminated in the consolidated financial statements of the Company. If intercompany interest expense and servicing fee revenue were included in the consolidated financial statements, interest expense, servicing fees, net and net income for the three months ended September 30, 2015 would have been $1.1 million, $4.2 million and $2.0 million, respectively, for mortgage banking.

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ARES COMMERCIAL REAL ESTATE CORPORATION AND SUBSIDIARIES

NINE MONTHS ENDED SEPTEMBER 30, 2015

SEGMENT STATEMENT OF OPERATIONS

(in thousands)

(unaudited)

(1)                                 Revenues from two of the Company’s borrowers in the principal lending segment represented approximately 28.6% of the Company’s consolidated revenues for the nine months ended September 30, 2015.

(2)                                 Interest expense does not include interest expense related to the intercompany notes. Additionally, servicing fees, net does not include servicing fee revenue related to the primary servicing of ACRE’s loan portfolio by ACRE Capital. The intercompany interest expense and servicing fee revenue are eliminated in the consolidated financial statements of the Company. If intercompany interest expense and servicing fee revenue were included in the consolidated financial statements, interest expense, servicing fees, net and net income for the nine months ended September 30, 2015 would have been $3.2 million, $12.3 million and $2.2 million, respectively, for mortgage banking.

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