#United States #commercial real estate #Uniondale #ACRES Realty #Mark Fogel

ACRES Commercial Realty Corp. Reports Second Quarter 2026 Results

On July 29, 2026, ACRES Commercial Realty Corp. (NYSE: ACR) announced its financial results for the quarter ending on June 30, 2026. The company, which operates as a real estate investment trust (REIT), specializes in the origination, management, and holding of commercial real estate mortgage loans as well as equity investments. Despite an emphasis on expansion and growth, ACR reported a GAAP net loss of $12.5 million, translating to $(1.87) per share on a diluted basis.

ACR’s President and CEO, Mark Fogel, expressed optimism about the company's future during the announcement. He stated, "The ACRES team continues to be proactive in managing our investments. Our pipeline for new loan opportunities is healthy, and we will selectively add quality assets and sponsors to our portfolio." This statement highlights the firm’s strategic focus on identifying those investment opportunities that align with its long-term goals.

In addition to its current projects, ACRES is in the midst of a significant operational change, referred to as an internalization—this process aims to enhance shareholder value. The company has been progressing toward this transition diligently and expects to close it soon, which could potentially lead to improved operational efficiency and market positioning.

Upcoming Earnings Call

To provide more insight into its financials and business strategy, ACRES will hold a live conference call at 10 AM Eastern Time on July 30, 2026. Participants can join the call by dialing U.S. domestic at 1-800-274-8461 or 1-203-518-9814 for international callers, using Conference ID ACRES. A replay of the conference call will be available on the company’s website as well as via telephone until August 13, 2026.

About ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. stands as a leading player in the commercial real estate sector. The company focuses on originating and managing a diverse portfolio of real estate mortgage loans and equity investments across various types of commercial properties, including multifamily residences, student housing, hospitality venues, industrial sites, and office spaces. As a fully externalized REIT, ACRES operates under the management of ACRES Capital, LLC, which specializes in nationwide middle-market commercial real estate lending.

Investors and stakeholders are encouraged to stay updated through the company’s website at www.acresreit.com for future press releases and updates on investment strategies.

Forward-Looking Statements

As always, ACRES includes forward-looking statements in its communications, which are subject to various risks and uncertainties. Actual results may differ from expectations due to factors including market conditions and operational capabilities. Investors can review further discussions on these potential risks in the SEC filings available on the ACRES website.

In conclusion, while the company faced a notable net loss for the second quarter, ACRES Commercial Realty Corp.'s steadfast commitment to strategic asset management and proactive engagement in new markets positions it for potential recovery and growth in the upcoming quarters.