X0306 4 2017-12-15 0 0001529377 Ares Commercial Real Estate Corp ACRE 0001332608 Yoon Tae Sik C/O ACRE 245 PARK AVENUE 42ND FLOOR NEW YORK NY 10167 0 1 0 0 Chief Financial Officer Common Stock 2017-12-15 4 A 0 4474 0 A 29474 D Represents a grant of restricted shares of common stock pursuant to the Issuer's 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter commencing with the fiscal quarter beginning January 1, 2018. EXHIBIT 24.1 Power of Attorney /s/ Anton Feingold, by power of attorney 2017-12-19