Investor Presentaiton
Loan Portfolio Positioning and Performance
Portfolio Characteristics
Focused and Geographically Diverse Portfolio²
By Asset Type
By Geography
Well-Constructed
Defensive and
Diversified Portfolio
64
Active Loans
Across Diversified
Portfolio
99%
Percentage of
Senior Loans²
6%
5.8%
$2.4 billion
6%
Weighted Average
Outstanding
Principal Balance¹
Unleveraged
7%
Effective Yield³
10%
10%
1.4 years
Weighted Average
98%
Floating
Remaining Life
Rate Loans
Office
Mixed-Use
Industrial
Self Storage
14%
12%
35%
16%
19%
8%
22%
Multifamily
Hotel
Student Housing
Residential/Condo
Southeast
West
Midwest
Mid-Atlantic / Northeast
Southwest
Note: As of September 30, 2021, unless otherwise noted. Past performance is not indicative of future results. Diversification does not ensure profit or protect against market loss.
Weighted average unpaid principal balance of loan portfolio of $2.282 billion during Q3 2021.
1.
2.
Based on outstanding principal balance.
3.
Excludes impact of two loans on non-accrual status. Including the two non-accrual loans, total weighted average unleveraged effective yield for total loans held for investment is 5.7%. Please
see the glossary at the end of this presentation.
9
①ARES
COMMERCIAL REAL ESTATE CORPORATION
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