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ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FIRST QUARTER 2025

1. ACR reported a GAAP net loss of $5.9 million for Q1 2025. 2. The company has closed a new financing facility to enhance balance sheet management. 3. ACR remains confident in creating shareholder value amid challenging conditions. 4. High-quality loan sourcing continues to expand ACR’s portfolio. 5. Earnings call scheduled for May 1, 2025, to discuss results.

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FAQ

Why Bearish?

The reported loss indicates potential financial strain, aligning with historical data where losses affected prices of REITs adversely.

How important is it?

As a REIT, ACR's financial performance directly ties to its stock value; quarterly losses usually yield investor caution.

Why Short Term?

Immediate financial results may impact investor sentiment; recovery depends on future performance and market conditions.

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SPGOVNO
, /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, 2025. ACR's GAAP net loss allocable to common shares was $5.9 million or $(0.80) per share-diluted, for the quarter ended March 31, 2025. "We remain confident in our ability to preserve and create value for our shareholders. During the quarter, we closed on a new financing facility to efficiently manage the liability side of our balance sheet," said Mark Fogel, President and Chief Executive Officer of ACRES Commercial Realty Corp. "In addition, the team has been sourcing and underwriting high-quality loans to add to the portfolio, while continuing to aggressively manage our investments." ACR issued a full, detailed presentation of its results for the quarter ended March 31, 2025 that can be viewed at www.acresreit.com. Earnings Call Details ACR will host a live conference call on May 1, 2025 at 10:00 a.m. Eastern Time to discuss its first quarter 2025 operating results. The conference call can be accessed by dialing 1-800-267-6316 (U.S. domestic) or 1-203-518-9783 (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 May 15, 2025 by dialing 1-844-512-2921 (U.S. domestic) or 1-412-317-6671 (International), with the passcode 11158543. 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 [email protected]. 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. SOURCE ACRES Commercial Realty Corp. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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