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ACRES Commercial Realty Corp. Reports Results For Three And Nine Months Ended September 30, 2021

November 4, 2021 4:05 PM EDT

UNIONDALE, N.Y., Nov. 4, 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 and nine months ended September 30, 2021. ACR's GAAP net loss allocable to common shares was $9.8 million, or $(1.03) per share-diluted, and GAAP net income allocable to common shares was $10.7 million, or $1.09 per share-diluted, during the three and nine months ended September 30, 2021, respectively.

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