#United States #commercial real estate #ACRES Realty #ACR #Uniondale, NY

ACRES Commercial Realty Corp. Reports First Quarter 2026 Results

On April 30, 2026, ACRES Commercial Realty Corp. (NYSE: ACR) disclosed its financial results for the first quarter ending March 31, 2026. This real estate investment trust (REIT) is primarily engaged in originating, holding, and managing commercial real estate mortgage loans and equity investments in commercial properties through both direct ownership and joint ventures.

During the reporting period, ACRES faced a GAAP net loss of $1 million, translating to a diluted loss of $(0.16) per share. Despite this setback, the company highlighted several positive developments crucial for growth and future profitability.

Mark Fogel, President and CEO of ACRES, noted the origination team’s impressive addition of $496 million in high-quality loans to the portfolio within the first quarter alone. This achievement, coupled with $571 million in loans originated during the previous quarter (Q4 2025), enabled ACRES to close a significant $1 billion Commercial Real Estate Collateralized Loan Obligation (CRE CLO) in February 2026, showcasing the company's active role in the market.

Additionally, ACRES completed the sale of one of its existing real estate investments, yielding a net gain of $3.3 million. This strategic move underscores ACRES’ ability to generate liquidity and continue expanding its investment portfolio.

In Fogel’s words, “The ACRES team continues to grow the portfolio by providing loans to first-rate sponsors in strong markets nationwide. At the same time, we remain dedicated to actively managing the portfolio to maximize value to our shareholders.” This focused growth strategy reflects ACRES’ commitment to developing a diversified and robust portfolio, even amidst challenges.

Investors and analysts keen on the company's detailed results can find a comprehensive presentation on its website at www.acresreit.com. In conjunction with the earnings announcement, ACRES plans to host a live conference call to discuss its first quarter 2026 operating results, scheduled for April 30, 2026, at 10:00 AM Eastern Time. Interested parties can join the call by dialing 1-800-445-7795 if calling domestically, or 1-785-424-1699 for international participants, using Conference ID: ACRES.

For those unable to participate in the live event, a replay will be available on the company’s website and through the call-in service until May 14, 2026. Participants will need to dial 1-844-512-2921 in the U.S. or 1-412-317-6671 internationally, entering passcode 11161260 for access.

About ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. is a recognized REIT primarily dedicated to starting, holding, and managing commercial real estate mortgage loans and equity investments. The company has formed partnerships with ACRES Capital, LLC, a subsidiary of ACRES Capital Corp. This partnership focuses on middle-market commercial real estate lending, prioritizing multifamily, student housing, hospitality, industrial, and office properties across major U.S. markets.

For further insights into ACRES and its portfolio, visit their website or engage with investor relations directly.

Forward-Looking Statements

This press release contains forward-looking statements under U.S. securities laws, subject to various risks and uncertainties. Future results may differ significantly from expectations due to various factors discussed in the company’s SEC filings. ACRES does not commit to updating forward-looking statements based on new information or unexpected events, except as required by law.