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ACRES Commercial Realty Corp. Reports Results for First Quarter 2025

On April 30, 2025, ACRES Commercial Realty Corp. (NYSE: ACR), a prominent player in the commercial real estate sector, announced its financial outcomes for the first quarter of the year. The company, which specializes in originating, holding, and managing mortgage loans and equity investments in commercial properties, disclosed a GAAP net loss for the quarter amounting to $5.9 million, translating to a diluted loss of $0.80 per share.

Mark Fogel, the President and CEO of ACRES, expressed confidence in the company's capacity to generate and sustain value for its shareholders. He highlighted that during the quarter, the team secured a new financing facility aimed at effectively managing their balance sheet liabilities. This strategic move is seen as a step towards enhancing operational efficiency and ensuring the company’s resilience amidst market fluctuations.

Fogel further elaborated on the company’s focus on sourcing and underwriting high-quality loans, aiming to expand their portfolio. The management team is committed to aggressively overseeing their investments, ensuring that they remain aligned with the company's strategic goals.

The full details of the financial results, along with additional insights, are available on ACRES's official website, www.acresreit.com.

Earnings Call and Future Outlook

To provide further insights into the quarterly performance, ACRES will host a live conference call on May 1, 2025, at 10:00 AM Eastern Time. Investors and analysts can participate by dialing 1-800-267-6316 for U.S. participants or 1-203-518-9783 for international callers. The conference will also feature a dedicated Q&A session allowing stakeholders to pose their inquiries directly to the company leadership.

In addition, for those unable to join the live discussion, a replay of the conference will be available on the ACRES website until May 15, 2025. Interested parties may access the archived session by contacting 1-844-512-2921 within the U.S. or 1-412-317-6671 internationally, using the passcode 11158543.

About ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. operates as a real estate investment trust primarily engaged in managing commercial real estate investments. The company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp. The focus spans a range of sectors within the commercial real estate industry, including multifamily housing, hospitality, student accommodations, and industrial sites across key U.S. markets.

As ACRES navigates the financial landscape, stakeholders are reminded that the company has made forward-looking statements, which may include various risks and uncertainties. It is crucial for investors to consider these factors as they evaluate potential impacts on future performance and strategies.

For ongoing updates and to learn more about ACRES's investment strategies, visit their investor relations page or contact them directly at [email protected].

In summary, ACRES Commercial Realty Corp.'s report for Q1 2025 outlines a committed approach to managing its financial health while focusing on growth and value generation in a competitive market environment.