ACRES Commercial Realty Reports $12.5 Million Net Loss for Q2 2026
ACRES Commercial Realty Corp. posted a GAAP net loss of $12.5 million, or $1.87 per diluted share, for the second quarter ending June 30, 2026. Despite the quarterly deficit, the Uniondale-based real estate investment trust signaled intentions to expand its portfolio through new mortgage loan originations.
President and CEO Mark Fogel emphasized the firm's proactive management approach, noting that the company maintains a healthy pipeline for new investment opportunities. The leadership team is currently finalizing a previously announced internalization process, which Fogel expects to close shortly to bolster long-term shareholder value.
The company is scheduled to host a conference call on July 30, 2026, at 10:00 a.m. ET to review these operating results. Investors may participate via telephone or through the firm's website, with a replay option available through August 13. ACRES continues to focus its lending activities on middle-market assets, including multifamily housing, hospitality, and industrial properties across major U.S. markets.
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