ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2026
Key Highlights
- ➤$56.3 million GAAP net loss, or $(5.16) per diluted share
- ➤ACRES completed merger with its manager and became internally managed
- ➤Employees and directors own over 45% of common shares
- ➤Management expects Principal Investing, Investment Management and Insurance to drive future results
Expert Statements
Andrew Fentress, Chairman of ACRES Commercial Realty Corp.
“In the third quarter, ACRES completed the merger transaction with its manager and is now internally managed. Going forward the Company will have three lines of business that management expects to drive results in the future: Principal Investing, Investment Management and Insurance,”
Andrew Fentress, Chairman of ACRES Commercial Realty Corp.
“As an internally managed company, the employees and directors own over 45% of the common shares and are directly aligned with shareholders.”
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2026 PR Newswire
UNIONDALE, N.Y., Nov. 4, 2026 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, underwriting and managing commercial real estate mortgage loans and that manages third-party capital and provides insurance solutions, today reported results for the quarter ended September 30, 2026. ACR's GAAP net loss allocable to common shares was $56.3 million or $(5.16) per share-diluted, for the quarter ended September 30, 2026.
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