ACRES Commercial Realty Corp. reports Q2 non-GAAP EPS 4c vs. 51c last year

Reports Q2 revenue $28.83M vs. $41.07M last year. “The ACRES origination team is actively developing a pipeline of new loan opportunities. During the second half of the year, we expect to grow our portfolio by investing in high-quality properties nationwide. At the same time, we will continue to ensure that the assets in our portfolio are actively managed towards successful pay offs,” said Mark Fogel, CEO.