ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FOURTH QUARTER 2024 AND YEAR ENDED DECEMBER 31, 2024
ACRES Commercial Realty Corp. (NYSE: ACR), a real estate investment trust focused on commercial real estate mortgage loans and equity investments, reported its Q4 and full-year 2024 results. The company achieved a GAAP net income of $4.1 million, or $0.52 per diluted share, for Q4 2024.
CEO Mark Fogel highlighted that 2024 saw healthy loan payoffs and renewed transactional activity in real estate markets. The company's strategy remains focused on proactive portfolio management and aims to grow its loan portfolio in 2025 by investing with experienced sponsors in high-growth markets nationwide.
ACRES Commercial Realty Corp. (NYSE: ACR), un fondo di investimento immobiliare focalizzato su prestiti ipotecari commerciali e investimenti in capitale, ha riportato i risultati del quarto trimestre e dell'intero anno 2024. L'azienda ha raggiunto un reddito netto GAAP di 4,1 milioni di dollari, ovvero 0,52 dollari per azione diluita, per il quarto trimestre 2024.
Il CEO Mark Fogel ha sottolineato che nel 2024 si sono registrati rimborsi di prestiti sani e una rinnovata attività transazionale nei mercati immobiliari. La strategia dell'azienda rimane focalizzata sulla gestione proattiva del portafoglio e mira a far crescere il proprio portafoglio di prestiti nel 2025 investendo con sponsor esperti in mercati ad alta crescita in tutto il paese.
ACRES Commercial Realty Corp. (NYSE: ACR), un fideicomiso de inversión inmobiliaria centrado en préstamos hipotecarios comerciales e inversiones de capital, informó sus resultados del cuarto trimestre y del año completo 2024. La compañía logró un ingreso neto GAAP de 4,1 millones de dólares, o 0,52 dólares por acción diluida, para el cuarto trimestre de 2024.
El CEO Mark Fogel destacó que en 2024 se observaron pagos de préstamos saludables y una renovada actividad transaccional en los mercados inmobiliarios. La estrategia de la compañía sigue centrada en la gestión proactiva de la cartera y tiene como objetivo aumentar su cartera de préstamos en 2025 invirtiendo con patrocinadores experimentados en mercados de alto crecimiento en todo el país.
ACRES Commercial Realty Corp. (NYSE: ACR), 상업용 부동산 담보 대출 및 자본 투자에 중점을 둔 부동산 투자 신탁이 2024년 4분기 및 연간 실적을 발표했습니다. 이 회사는 2024년 4분기에 GAAP 순이익 410만 달러, 즉 희석 주당 0.52달러를 기록했습니다.
CEO Mark Fogel은 2024년에 건강한 대출 상환과 부동산 시장에서의 거래 활동이 재개되었다고 강조했습니다. 회사의 전략은 능동적인 포트폴리오 관리에 중점을 두고 있으며, 2025년에는 전국의 고성장 시장에서 경험이 풍부한 스폰서와 함께 투자하여 대출 포트폴리오를 성장시키는 것을 목표로 하고 있습니다.
ACRES Commercial Realty Corp. (NYSE: ACR), un fonds d'investissement immobilier axé sur les prêts hypothécaires commerciaux et les investissements en capital, a annoncé ses résultats du quatrième trimestre et de l'année entière 2024. L'entreprise a réalisé un revenu net GAAP de 4,1 millions de dollars, soit 0,52 dollar par action diluée, pour le quatrième trimestre 2024.
Le PDG Mark Fogel a souligné qu'en 2024, il y a eu des remboursements de prêts sains et une activité transactionnelle renouvelée sur les marchés immobiliers. La stratégie de l'entreprise reste axée sur la gestion proactive du portefeuille et vise à accroître son portefeuille de prêts en 2025 en investissant avec des sponsors expérimentés sur des marchés à forte croissance à l'échelle nationale.
ACRES Commercial Realty Corp. (NYSE: ACR), ein Immobilien-Investmentfonds, der sich auf gewerbliche Hypothekendarlehen und Eigenkapitalinvestitionen konzentriert, hat seine Ergebnisse für das vierte Quartal und das Gesamtjahr 2024 veröffentlicht. Das Unternehmen erzielte im vierten Quartal 2024 ein GAAP-Nettoeinkommen von 4,1 Millionen US-Dollar, oder 0,52 US-Dollar pro verwässerter Aktie.
CEO Mark Fogel hob hervor, dass 2024 gesunde Darlehensrückzahlungen und eine erneute Transaktionsaktivität auf den Immobilienmärkten verzeichnet wurden. Die Strategie des Unternehmens bleibt auf ein proaktives Portfoliomanagement ausgerichtet und zielt darauf ab, das Darlehensportfolio im Jahr 2025 durch Investitionen mit erfahrenen Sponsoren in wachstumsstarken Märkten im ganzen Land auszubauen.
- Q4 2024 net income of $4.1 million
- Healthy loan payoffs in 2024
- Renewed transactional activity in real estate markets
- None.
"The ACRES team continues to proactively manage the investment portfolio. As always, our primary objective is to protect and enhance shareholder value," said ACRES Commercial Realty Corp. President & CEO Mark Fogel. "In 2024, we saw a healthy amount of loans payoff and renewed transactional activity in the real estate markets. Heading into 2025, we to intend to grow our loan portfolio by investing with experienced sponsors in high-growth markets nationwide."
ACR issued a full, detailed presentation of its results for the quarter and year ended December 31, 2024 that can be viewed at www.acresreit.com.
Earnings Call Details
ACR will host a live conference call on March 6, 2025 at 10:00 a.m. Eastern Time to discuss its fourth quarter 2024 operating results. The conference call can be accessed by dialing 1-800-274-8461 (
For those unable to listen to the live conference call, a replay will be available on the Company's website and telephonically through March 20, 2025 by dialing 1-844-512-2921 (
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
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.
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SOURCE ACRES Commercial Realty Corp.
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