Earnings summaries and quarterly performance for ACRES Commercial Realty.
Executive leadership at ACRES Commercial Realty.
Board of directors at ACRES Commercial Realty.
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Recent press releases and 8-K filings for ACR.
ACRES Commercial Realty Corp. Reports Strong Q3 2025 Earnings Driven by Asset Sale
ACR
Earnings
Share Buyback
Guidance Update
- ACRES Commercial Realty Corp. reported GAAP net income of $9.8 million, or $1.34 per share, for Q3 2025, largely driven by a $13.1 million gross gain from a real estate investment sale.
- Earnings available for distribution (EAD) significantly increased to $1.01 per share in Q3 2025, compared to $0.04 per share in the previous quarter.
- GAAP book value per share grew to $29.63 at September 30, 2025, from $27.93 at June 30, 2025, with management targeting approximately $30 per share.
- The commercial real estate loan portfolio saw a net decrease of $46.8 million, ending the quarter at $1.4 billion with a weighted average risk rating of 3.0.
- The company repurchased 153,000 common shares for $2.9 million and maintained $64 million in available liquidity at quarter-end.
Oct 30, 2025, 2:00 PM
ACR Reports Q3 2025 Financial Results
ACR
Earnings
New Projects/Investments
Debt Issuance
- ACR reported GAAP net income per share-diluted of $1.34 and EAD per share diluted of $1.01 for the third quarter of 2025.
- The company's book value per share increased to $29.63 as of September 30, 2025, up from $27.93 in the prior quarter.
- The CRE loan portfolio totaled $1.4 billion, with 92.3% of the portfolio current on payments and 75% focused on multifamily properties.
- Total liquidity was $64.5 million at September 30, 2025, with $859.5 million in available capacity.
Oct 30, 2025, 2:00 PM
ACRES Commercial Realty Corp. Reauthorizes Share Repurchase Program
ACR
Share Buyback
- ACRES Commercial Realty Corp. (ACR) announced on October 29, 2025, that its board of directors authorized the continued use of its existing share repurchase program.
- The reauthorization allows for the repurchase of an additional $7.5 million of the company's outstanding common and preferred stock.
- Share repurchases will be conducted through methods such as open market purchases or privately-negotiated transactions, with the timing and amount determined by management based on market conditions.
Oct 29, 2025, 8:17 PM
ACRES Commercial Realty Corp. Reports Q3 2025 Results
ACR
Earnings
New Projects/Investments
- ACRES Commercial Realty Corp. (ACR) reported GAAP net income allocable to common shares of $9.8 million or $1.34 per share-diluted and Earnings Available for Distribution (EAD) of $1.01 per diluted share for the third quarter ended September 30, 2025.
- The company's book value per share increased to $29.63 at September 30, 2025, up from $27.93 in Q2 2025, and it maintained total liquidity of $64.5 million.
- ACR generated a $13.1 million realized gain from a CRE equity investment and recorded $46.8 million in net loan repayments during the quarter.
- The company successfully executed its strategy to utilize deferred tax assets through the sale of a real estate investment, with proceeds promptly redeployed into new loans, and expects continued portfolio growth. As of September 30, 2025, 92.3% of the commercial real estate (CRE) loan portfolio was current on payments, with the total CRE loan portfolio at a par value of $1.4 billion.
Oct 29, 2025, 8:16 PM
ACRES Commercial Realty Corp. Reports Q3 2025 Results
ACR
Earnings
New Projects/Investments
Guidance Update
- ACRES Commercial Realty Corp. (ACR) reported GAAP net income allocable to common shares of $9.8 million, or $1.34 per share-diluted, for the quarter ended September 30, 2025.
- CEO Mark Fogel highlighted the successful sale of a real estate investment to utilize deferred tax assets, with the proceeds promptly redeployed into new loans.
- The company anticipates continued portfolio growth in the fourth quarter and beyond by investing in high-quality loan opportunities.
Oct 29, 2025, 8:10 PM
ACRES Commercial Realty Corp. Guarantees Loan for 65 E. Wacker Holdings II, LLC
ACR
Debt Issuance
New Projects/Investments
- ACRES Commercial Realty Corp. (ACR) and other principal guarantors executed multiple guaranties on September 12, 2025, for a loan to 65 E. WACKER HOLDINGS II, LLC.
- The loan has a maximum principal amount of up to $62,400,000.00, with guaranties covering retail space, recourse obligations, interest and carry costs, completion, and environmental indemnity.
- The guarantors, including ACR, are collectively required to maintain a Net Worth of not less than $90,000,000.00 and Liquid Assets of not less than $8,000,000.00.
- These financial covenants must be maintained until all obligations and guaranteed obligations are fully paid.
Sep 18, 2025, 8:03 PM
ACRES Commercial Realty Corp. Reports Q2 2025 Results
ACR
Earnings
New Projects/Investments
- ACRES Commercial Realty Corp. (ACR) reported a GAAP net loss allocable to common shares of $(0.10) per share-diluted and Earnings Available for Distribution (EAD) of $0.04 per share-diluted for the second quarter ended June 30, 2025.
- As of June 30, 2025, ACR's Book Value Per Share was $27.93 and its Total Liquidity stood at $64.7 million.
- The company generated $60.5 million in net CRE loan production during Q2 2025, with 91.4% of its CRE loan portfolio current on payments.
- President and CEO Mark Fogel stated that ACR expects to grow its portfolio by investing in high-quality properties nationwide in the second half of the year.
Jul 30, 2025, 12:00 AM
ACRES Commercial Realty Corp Q1 2025 Financial & Earnings Update
ACR
Earnings
Share Buyback
New Projects/Investments
Debt Issuance
- ACRES Commercial Realty Corp reported a GAAP net loss of $5.9M (or $0.80 per share) with book value declining from $28.87 to $28.50 as of March 31, 2025 .
- The Q1 earnings call detailed portfolio updates with a net reduction of $109.6M driven by expected loan payoffs and asset sales, alongside a $1.4B CRE loan portfolio generating $120.7M in net repayments with 89.5% current on payments .
- Management secured a $940M financing facility with JPMorgan to support refinancing and future asset-backed investment opportunities, complementing a new financing facility for effective balance sheet management .
- The company reported liquidity of $87.4M, with an overall capacity of $2.2B and available capacity of $948.3M .
- A robust pipeline was highlighted with expected net portfolio growth of $300–500M amid market volatility, and share repurchase activities were executed using $4.4M to buy back 220,000 shares .
- Management is actively sourcing high-quality loans and will host a live conference call on May 1, 2025, to further discuss these results .
May 1, 2025, 2:01 PM
ACRES Commercial Realty Announces CRE Redemption and $940 Million Facility
ACR
Debt Issuance
New Projects/Investments
- ACRES Commercial Realty Corp. redeemed its CRE securitizations at par, repurchasing the assets in ACRES Commercial Realty 2021-FL1 and 2021-FL2 and reducing the JP Morgan warehouse facility balance to zero.
- The Company has entered into a new $940 million managed facility with JP Morgan Chase Bank N.A. to support commercial mortgage loan investments with a term funding structure and a two-year reinvestment period.
Mar 17, 2025, 8:15 PM
Quarterly earnings call transcripts for ACRES Commercial Realty.
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