ACRES Commercial Realty Corp. (ACR) Tops Q1 EPS by 93c
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ACRES Commercial Realty Corp. Reports Results For Three Months Ended March 31, 2021
May 5, 2021 4:10 PM EDTWESTBURY, N.Y., May 5, 2021 /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 other commercial real estate-related debt investments, today reported results for the three months ended March 31, 2021. ACR's GAAP net income allocable to common shares was $10.5 million, or $1.03 per share-diluted, during the three months ended March 31, 2021.
"After restarting loan originations late in 2020, we are pleased with our ongoing progress through the origination... More
