- ACRES Commercial Realty Investor Alert: Kahn Swick & Foti, LLC Investigates ACRES Commercial Realty Corp. - ACR
May 6, 2026 · businesswire.com
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the merger of ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company") and ACRES Capital Corp. ("ACC") pursuant to which ACR will acquire ACC in an all-stock transaction. Under the terms of the proposed transaction, upon closing of the Merger, the Company will issue approximately 7.5 million shares of ACR'.
- ACRES COMMERCIAL REALTY INVESTOR ALERT: KAHN SWICK & FOTI, LLC INVESTIGATES ACRES COMMERCIAL REALTY CORP. - ACR
May 6, 2026
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--FORMER ATTORNEY GENERAL OF LOUISIANA CHARLES C. FOTI, JR., ESQ. AND THE LAW FIRM OF KAHN SWICK & FOTI, LLC (“KSF”) ARE INVESTIGATING THE MERGER OF ACRES COMMERCIAL REALTY CORP. (NYSE: ACR) ("ACR" OR THE "COMPANY") AND ACRES CAPITAL CORP. ("ACC") PURSUANT TO WHICH ACR WILL ACQUIRE ACC IN AN ALL-STOCK TRANSACTION. UNDER THE TERMS OF THE PROPOSED TRANSACTION, UPON CLOSING OF THE MERGER, THE COMPANY WILL ISSUE APPROXIMATELY 7.5 MILLION SHARES OF ACR'.
- Are Finance Stocks Lagging American Tower (AMT) This Year?
May 4, 2026
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. American Tower (AMT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
American Tower is a member of our Finance group, which includes 834 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. American Tower is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for AMT's full-year earnings has moved 0% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, AMT has returned 3.4% so far this year. Meanwhile, stocks in the Finance group have lost about 0.7% on average. This means that American Tower is outperforming the sector as a whole this year.
ACRES Commercial (ACR) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 2.3%.
The consensus estimate for ACRES Commercial's current year EPS has increased 13.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, American Tower belongs to the REIT and Equity Trust - Other industry, which includes 91 individual stocks and currently sits at #47 in the Zacks Industry Rank. Stocks in this group have gained about 10.5% so far this year, so AMT is slightly underperforming its industry this group in terms of year-to-date returns.
ACRES Commercial, however, belongs to the REIT and Equity Trust industry. Currently, this 27-stock industry is ranked #141. The industry has moved +1.5% so far this year.
Investors with an interest in Finance stocks should continue to track American Tower and ACRES Commercial. These stocks will be looking to continue their solid performance.
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This article originally published on Zacks Investment Research (zacks.com).
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- ACR Stock Alert: Halper Sadeh LLC is Investigating Whether ACRES Commercial Realty Corp. is Obtaining a Fair Price for its Shareholders
May 4, 2026 · businesswire.com
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of ACRES Commercial Realty Corp. (NYSE: ACR) and ACRES Capital Corp. Halper Sadeh encourages ACRES Commercial shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether ACRES Commercial and its board of directors violated.
- ACR STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER ACRES COMMERCIAL REALTY CORP. IS OBTAINING A FAIR PRICE FOR ITS SHAREHOLDERS
May 4, 2026
NEW YORK--(BUSINESS WIRE)--HALPER SADEH LLC, AN INVESTOR RIGHTS LAW FIRM, IS INVESTIGATING THE MERGER OF ACRES COMMERCIAL REALTY CORP. (NYSE: ACR) AND ACRES CAPITAL CORP. HALPER SADEH ENCOURAGES ACRES COMMERCIAL SHAREHOLDERS TO CLICK HERE TO LEARN MORE ABOUT THEIR RIGHTS AND OPTIONS OR CONTACT DANIEL SADEH OR ZACHARY HALPER FREE OF CHARGE AT (212) 763-0060 OR SADEH@HALPERSADEH.COM OR ZHALPER@HALPERSADEH.COM. THE INVESTIGATION CONCERNS WHETHER ACRES COMMERCIAL AND ITS BOARD OF DIRECTORS VIOLATED.
- REITs Excel, Earnings Swell, Fed Rebels
May 3, 2026 · seekingalpha.com
U.S. equity markets advanced for a fifth straight week - their longest winning streak since 2024 - as strong earnings, resilient data, and hopes for lasting Iran peace fueled optimism. Investors looked through another oil-price surge and inflationary pressure, focusing instead on corporate resilience and economic strength despite a complex macro backdrop shaped by geopolitical and policy uncertainty. The Fed held rates steady in an unusually fractured 8-4 vote, while Powell's plan to remain on the Board broke precedent and raised politically charged succession questions.
- ACRES Commercial Realty Q1 Earnings Call Highlights
May 1, 2026
ACRES Commercial Realty logo
Key Points
ACRES completed the $1 billion ACRES 2026-FL4 securitization (86.5% leverage at SOFR+1.68%), which helped increase GAAP leverage from 2.8x to 3.4x and coincided with a net loan‑portfolio increase of $374.4 million to $2.2 billion (weighted spread ~3.29%). Management is pursuing an internalization transaction to be voted on at the annual meeting on June 22 with expected close in July, which would make the firm the public RIA for an existing asset‑management business and add non‑balance‑sheet fee revenue that management says could support higher dividends without raising balance‑sheet leverage. Q1 results included a GAAP net loss of $1.0 million (‑$0.16/share) but earnings available for distribution of $0.02 per share, GAAP book value of $29.98, available liquidity of $87 million, and an allowance for credit losses of $19.4 million (0.88% of loans). Interested in ACRES Commercial Realty Corp.? Here are five stocks we like better.
ACRES Commercial Realty (NYSE:ACR) executives used the company’s first-quarter 2026 earnings call to highlight growth in its commercial real estate loan portfolio, the closing of a new $1 billion securitization, and a pending internalization transaction that management said could add non-balance-sheet earnings streams to support future dividends.
Management highlights portfolio growth and a new $1 billion securitization
President and CEO Mark Fogel said the company continued executing a strategy it has pursued since acquiring the ACR management contract in 2020, which he described as focusing on originating “high-quality loans,” aggressively managing the portfolio, repurchasing stock, and using tax assets.
→ Corning Beats Q1 Estimates but Drops 9% on Guidance Miss
Fogel said the company completed a new securitization during the quarter: ACRES 2026-FL4, a $1 billion CRE securitization with 86.5% leverage at SOFR plus 1.68% and a 30-month reinvestment period. He said the company completed ramp-up investments during the first quarter and expects to “see the full run rate benefit of the transaction in the second quarter.”
Fogel also said the securitization contributed to a higher leverage profile in line with prior objectives. The company’s GAAP leverage increased from 2.8x at December 31 to 3.4x at March 31, which he said was a stated objective “to increase portfolio leverage and the size of the CRE loan portfolio.”
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On origination activity, Fogel said the company closed new commitments of $495.6 million during the quarter, which were partially offset by loan payoffs and net unfunded commitments totaling $121.2 million, producing a net increase to the loan portfolio of $374.4 million. The weighted average spread on newly originated loans was 3.09%, he said.
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As of March 31, Fogel said the loan portfolio totaled $2.2 billion across 60 investments, with a spread of 3.29% over one-month Term SOFR. He added that more than half of the portfolio has SOFR floors above 3%, which he described as providing yield protection in a declining base-rate environment.
Credit metrics and portfolio health
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Fogel said the portfolio “generally continues to perform,” attributing results to underwriting and “proactive asset management.” He noted the weighted average risk rating improved to 2.5 at March 31 from 2.7 at December 31. The number of loans rated four or five was 10, unchanged from the end of the fourth quarter.
He also said that, based on the company’s economic interest, the share of the CRE loan portfolio rated 4 or 5 was 14% at March 31, down from 17% at December 31.
Real estate sale produces a gain; net interest income dips during securitization ramp
Fogel said the company sold a real estate investment in the Greater Philadelphia area during the quarter, resulting in a $3.3 million GAAP and EAD gain. He framed the sale as part of the company’s broader real estate investment strategy, referencing prior transactions including “the sale of an office building in 2024” and a student housing development and sale in Florida.
Chief Financial Officer Eldron C. Blackwell reported that GAAP net loss allocable to common shares in the first quarter was $1 million, or $0.16 per share. Blackwell said results included $9.3 million in net interest income, down $1.4 million from the prior quarter. He attributed the decrease primarily to the ramp-up period for the new securitization and lower fee recognition from loan payoffs, reiterating the expectation for a full run-rate impact in the second quarter.
Blackwell said the quarter also included:
A $1.3 million net decrease in the performance of net real estate operations, resulting in a net loss of $1.2 million A $3.3 million net gain on the previously mentioned land sale
On credit reserves, Blackwell said the company recorded a $1 million decrease in current expected credit loss (CECL) reserves, or $0.15 per share. He said the change was “primarily driven by improvements in projected macroeconomic factors,” partially offset by “an increase in the model credit risk of the company’s loan portfolio.”
At March 31, Blackwell said the total allowance for credit losses was $19.4 million, representing 0.88% (88 basis points) of the $2.2 billion loan portfolio at par, and was “composed entirely of general credit reserves.”
Blackwell reported earnings available for distribution (EAD) of $0.02 per share for the first quarter of 2026, compared with an EAD loss of $0.48 per share in the fourth quarter.
GAAP book value per share was $29.98 at March 31, compared with $30.01 at December 31, he said.
Liquidity, leverage, and tax attributes
Blackwell said available liquidity at March 31 totaled $87 million, consisting of $48 million of unrestricted cash and $38 million of projected financing available on unlevered assets. He also reiterated that the GAAP debt-to-equity leverage ratio rose to 3.4x, primarily due to the securitization closing.
Blackwell said the company ended the quarter with net operating loss carryforwards of $32.1 million, or approximately $4.89 per share.
Internalization transaction: timing, dividend framework, and pro forma questions
In prepared remarks, Andrew Fentress discussed what he described as an “internalization combination” and said the rationale was to “be the best resource possible for our middle-market customers.” Fentress said ACRES offers “a complete dirt-to-perm financing solution program” and described the business as a roughly $5 billion platform that management expects to continue growing.
Fentress said that after the merger, ACRES employees and board members are expected to be the largest shareholders in the company, with “over a 40% interest.” He also said “management will remain in place” and that owners and employees received 100% of their consideration in ACR shares “at book value.”
During Q&A, management said the internalization is expected to be presented at the annual shareholder meeting scheduled for June 22, with an anticipated closing “shortly thereafter,” most likely in July.
Management also told analysts the combined company will include an asset management component, with the public entity serving as the registered investment advisor for an existing asset management business in fund and separately managed account (SMA) structures. Management said those fees would “flow up to the public company” and be available to include in EAD going forward, adding that it expects to drive “non-balance sheet related revenues” that could support “higher and increasing EAD.”
On dividends, management said its general view is to “pay them as we earn them,” and that after the companies combine it expects to have a clearer view of earnings power and then distribute earnings through EAD “as they’re earned.”
When asked about issuing capital, management said it wants to grow “accretively,” and that issuing at or above book value would align with that approach. Management also said one advantage of the transaction is the potential to target a higher dividend “without increasing leverage,” because non-balance-sheet earnings could lift distributable earnings without additional balance-sheet leverage.
Asked for an estimated pro forma book value for the transaction, management said, “Not at this time.”
Separately, when asked about deploying liquidity and whether the company is close to fully invested, management said it considers the company “fully invested” today, adding that as it expects to drive a dividend, it hopes to eventually reach a point where it can “issue and grow from there.”
About ACRES Commercial Realty (NYSE:ACR)
ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities.
The article "ACRES Commercial Realty Q1 Earnings Call Highlights" was originally published by MarketBeat.
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- ACRES Commercial Realty Corp. (ACR) Q1 2026 Earnings Call Transcript
Apr 30, 2026 · seekingalpha.com
ACRES Commercial Realty Corp. (ACR) Q1 2026 Earnings Call Transcript
- ACR.PR.D: A Large Yield From This REIT Preferred Equity
Apr 30, 2026 · seekingalpha.com
ACRES Commercial Realty has officially entered a definitive agreement to acquire its external manager, ACRES Capital Corp., in an all-stock transaction. This move transitions ACR to being internally managed. The merger is still subject to shareholder approval but would result in a much larger entity with a more diverse set of businesses. The Series D Preferred (ACR.PR.D) remains an attractive target for income-focused investors, sporting a current yield of 9.15%.
- ACRES Commercial (ACR) Q1 Earnings Meet Estimates
Apr 30, 2026
ACRES Commercial (ACR) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.86 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this commercial real estate investment trust would post a loss of $0.01 per share when it actually produced a loss of $0.48, delivering a surprise of -4700%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
ACRES Commercial, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $9.25 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 19.6%. This compares to year-ago revenues of $5.6 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
ACRES Commercial shares have lost about 3.2% since the beginning of the year versus the S&P 500's gain of 4.2%.
What's Next for ACRES Commercial?
While ACRES Commercial has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for ACRES Commercial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.12 on $12.2 million in revenues for the coming quarter and $0.51 on $49 million in revenues for the current fiscal year.
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Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Arbor Realty Trust (ABR), has yet to report results for the quarter ended March 2026. The results are expected to be released on May 8.
This real estate investment trust is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of -42.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Arbor Realty Trust's revenues are expected to be $234 million, down 2.8% from the year-ago quarter.
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This article originally published on Zacks Investment Research (zacks.com).
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