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ACRES Commercial Realty Corp. reports Q1 adjusted EPS (86c) vs.16c last year

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.”

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