Reports Q1 revenue $17M vs. $18.77M last year. “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. (ACR)”In addition, the team has been sourcing and underwriting high-quality loans to add to the portfolio, while continuing to aggressively manage our investments.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACR:
- ACRES Reports Q1 2025 Net Loss, Secures New Financing
- ACRES Commercial Realty Corp. announces $10M share repurchase plan
- ACR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Acres Commercial Realty Faces Potential Tax Challenges with $121.9 Million Capital Loss Deadline
- ACRES Commercial Realty Reports Strong Q4 2024 Earnings
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue