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ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FIRST QUARTER 2026

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ACRES Commercial Realty Corp. (NYSE: ACR) reported results for the quarter ended March 31, 2026. GAAP net loss allocable to common shares was $1.0 million or $(0.16) per share-diluted. The origination team added $496 million of loans in Q1 and closed a $1.0 billion CRE CLO in February after $571 million originated in Q4 2025. The company sold a real estate investment for a $3.3 million gain. ACR will host an earnings call April 30, 2026 at 10:00 a.m. ET; a replay is available through May 14, 2026.

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AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • Originated $496 million of commercial real estate loans in Q1 2026
  • Closed a $1.0 billion CRE CLO in February 2026 following prior originations
  • Real estate investment sale produced a $3.3 million gain

Negative

  • GAAP net loss allocable to common shares of $1.0 million, or $(0.16) per share-diluted for Q1 2026

News Market Reaction – ACR

+2.08%
+2.08% News Effect

On the day this news was published, ACR gained 2.08%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement reports a GAAP net loss of $1.0 million, or $(0.16) per diluted share, but also hi...
Analysis

This announcement reports a GAAP net loss of $1.0 million, or $(0.16) per diluted share, but also highlights substantial portfolio growth with $496 million in new loans and a $1 billion CRE CLO. Compared with prior earnings, ACR again pairs fluctuating GAAP results with active origination and asset sales, including a $3.3 million gain this quarter. Investors may watch future quarters for loan performance, funding costs, and whether origination momentum continues to translate into more stable earnings.

Key Figures

GAAP net loss: $1.0 million EPS diluted: $(0.16) per share Loan originations: $496 million +5 more
8 metrics
GAAP net loss $1.0 million Quarter ended March 31, 2026
EPS diluted $(0.16) per share Quarter ended March 31, 2026
Loan originations $496 million Loans added in first quarter 2026
Prior loan originations $571 million Loans originated in fourth quarter 2025
CRE CLO size $1 billion CRE CLO closed in February 2026
Gain on sale $3.3 million Gain from sale of one real estate investment in Q1 2026
Earnings call time 10:00 a.m. Eastern Time First quarter 2026 earnings call on April 30, 2026
Replay end date May 14, 2026 Telephone replay availability for Q1 2026 call

Previous Earnings Reports

5 past events · Latest: Mar 04 (Neutral)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 04 Quarterly earnings Neutral +1.1% Reported Q4 2025 GAAP net loss with strong loan originations and CRE CLO details.
Oct 29 Quarterly earnings Positive +10.0% Q3 2025 GAAP net income of $9.8M and active capital redeployment.
Jul 30 Quarterly earnings Negative +3.0% Q2 2025 GAAP net loss of $732K with focus on building loan pipeline.
Apr 30 Quarterly earnings Negative -3.7% Q1 2025 GAAP net loss of $5.9M and new financing facility rollout.
Mar 05 Quarterly earnings Positive +3.1% Q4 2024 GAAP net income of $4.1M with healthy payoffs and renewed activity.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Earnings headlines have usually seen positive price reactions, even when GAAP results include net losses.

Recent Company History

Over the past year, ACR’s earnings releases have mixed GAAP net income and net losses but often paired with portfolio growth and securitization activity. Q4 2025 results included a GAAP net loss yet highlighted $571 million in new loans and a $1.0 billion CRE CLO. Earlier quarters ranged from a Q3 2025 GAAP net income of $9.8 million to losses in Q1 and Q2 2025. Market reactions to these five earnings events were mostly positive, suggesting investors have focused on portfolio trajectory and origination activity rather than single-quarter GAAP volatility.

Historical Comparison

+2.7% avg move · Past 5 earnings releases moved ACR by an average of 2.7%. The Q1 2026 update continues the theme of ...
earnings
+2.7%
Average Historical Move earnings

Past 5 earnings releases moved ACR by an average of 2.7%. The Q1 2026 update continues the theme of loan growth and CRE financing alongside fluctuating GAAP results.

Earnings history shows alternating GAAP net income and losses from Q4 2024 through Q4 2025, while management repeatedly emphasizes loan origination growth, portfolio expansion, and CRE CLO execution as key strategic drivers.

Regulatory & Risk Context

Short Interest: 3.51%
Short Interest
3.51% of shares outstanding
as of 2026-05-29 Days to cover: 10.99

Key Terms

gaap, cre clo
2 terms
gaap financial
"ACR's GAAP net loss allocable to common shares was $1.0 million..."
GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.
cre clo financial
"...led to the closing of a $1 billion CRE CLO in February."
A CRE CLO is a type of investment vehicle that pools many loans made to commercial real estate projects (like office buildings, shopping centers, or apartment complexes) and repackages them into slices that investors can buy. Think of it as a mortgage bundle for commercial property where each slice carries different levels of risk and return; it matters to investors because its performance depends on property values and loan repayments, affecting income and potential losses.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNIONDALE, N.Y., April 30, 2026 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures, today reported results for the quarter ended March 31, 2026. ACR's GAAP net loss allocable to common shares was $1.0 million or $(0.16) per share-diluted, for the quarter ended March 31, 2026.

"The ACRES origination team added $496 million of high-quality loans to our portfolio during the first quarter. The combination of those new loans along with $571 million of loans originated during the fourth quarter of 2025, led to the closing of a $1 billion CRE CLO in February.  We also sold one of our real estate investments this quarter, which resulted in a $3.3 million gain," said Mark Fogel, President and Chief Executive Office of ACRES Commercial Realty Corp. "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."

ACR issued a full, detailed presentation of its results for the quarter ended March 31, 2026 that can be viewed at www.acresreit.com.

Earnings Call Details

ACR will host a live conference call on April 30, 2026 at 10:00 a.m. Eastern Time to discuss its first quarter 2026 operating results. The conference call can be accessed by dialing 1-800-445-7795 (U.S. domestic) or 1-785-424-1699 (International), Conference ID ACRES or from the investor relations section  of the Company's website at www.acresreit.com.

For those unable to listen to the live conference call, a replay will be available on the Company's website and telephonically through May14, 2026 by dialing 1-844-512-2921 (U.S. domestic) or 1-412-317-6671 (International), with the passcode 11161260.

About ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. is a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and equity investments in commercial real estate properties through direct ownership and joint ventures. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender exclusively dedicated to nationwide middle market commercial real estate lending with a focus on multifamily, student housing, hospitality, industrial and office property in top U.S. markets. For more information, please visit the Company's website at www.acresreit.com or contact investor relations at IR@acresreit.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "continue," "expect," "intend," "anticipate," "estimate," "believe," "look forward" or other similar words or terms. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. Factors that can affect future results are discussed in the documents filed by the Company from time to time with the Securities and Exchange Commission, including, without limitation, factors impacting whether we will be able to maintain our sources of liquidity and whether we will be able to identify sufficient suitable investments to increase our originations. The Company undertakes no obligation to update or revise any forward-looking statement to reflect new or changing information or events after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/acres-commercial-realty-corp-reports-results-for-first-quarter-2026-302758155.html

SOURCE ACRES Commercial Realty Corp.

FAQ

What was ACRES (ACR) net loss for Q1 2026 and the per-share impact?

The company reported a GAAP net loss allocable to common shares of $1.0 million, or $(0.16) per share-diluted. According to the company, this covers the quarter ended March 31, 2026.

How much in loans did ACRES (ACR) originate in Q1 2026?

ACRES originated $496 million of commercial real estate loans during Q1 2026. According to the company, these loans expand the portfolio alongside $571 million originated in Q4 2025.

What is the significance of the $1.0 billion CRE CLO announced by ACRES (ACR)?

ACRES closed a $1.0 billion CRE CLO in February 2026 following recent originations. According to the company, the CLO reflects aggregation of Q4 2025 and Q1 2026 loan originations.

Did ACRES (ACR) record any gains from asset sales in Q1 2026?

The company recorded a $3.3 million gain from the sale of a real estate investment in Q1 2026. According to the company, the sale contributed positively to the quarter's results.

When is ACRES (ACR) hosting its Q1 2026 earnings call and how can investors access it?

ACRES will host a live conference call on April 30, 2026 at 10:00 a.m. ET. According to the company, the call is accessible by phone and via the investor relations website, with a replay through May 14, 2026.