Welcome to our dedicated page for Acres Commercial Realty news (Ticker: ACR), a resource for investors and traders seeking the latest updates and insights on Acres Commercial Realty stock.
ACRES Commercial Realty Corp. (NYSE: ACR) is a real estate investment trust focused on originating, holding and managing commercial real estate mortgage loans and, in some cases, equity investments in commercial real estate properties. Its news flow reflects both its role as a public REIT and its concentration on commercial real estate finance.
Visitors to this news page will find press releases and updates referenced in the company’s public communications. These include announcements of quarterly operating results, details of preferred stock dividends and information on share repurchase authorizations. The company regularly reports GAAP net income or loss allocable to common shares for each quarter and provides accompanying earnings presentations and conference call details.
News items also cover decisions by the board of directors to declare cash dividends on the 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock and the 7.875% Series D Cumulative Redeemable Preferred Stock, with specified dividend amounts, payment dates and record dates. In addition, ACRES Commercial Realty Corp. issues releases when it reauthorizes additional capacity under its share repurchase program for both common and preferred stock.
Investors and analysts can use this page to follow the timing of earnings releases, conference call access information and updates on capital management actions such as repurchases and preferred dividends. For those tracking commercial real estate mortgage loan activity within a REIT structure, the company’s periodic commentary on its loan portfolio, financing facilities and project-related guaranties is reflected in its news and related filings. Bookmark this page for a centralized view of ACRES Commercial Realty Corp. news as reported through its public disclosures.
ACRES Commercial Realty Corp. (NYSE: ACR) announced the declaration of cash dividends on its preferred stock. The 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock will yield a dividend of $0.5390625 per share, while the 7.875% Series D Cumulative Redeemable Preferred Stock will provide $0.4921875 per share. Both dividends are payable on May 1, 2023, to shareholders on record as of April 3, 2023.
This announcement underscores the company’s ongoing commitment to returning value to shareholders while reinforcing its position as a significant player in the commercial real estate sector.
ACRES Commercial Realty Corp. (NYSE: ACR) has partnered with Project Destined to promote financial literacy and entrepreneurship among students from underserved communities. The initiative will provide real-world experience and mentorship in commercial real estate to 15 selected students from various colleges, including NYU and Cornell. This partnership aims to prepare students for careers in real estate through hands-on learning, including evaluating actual deals and competing for scholarships. ACRES CEO, Mark Fogel, emphasized the importance of nurturing the next generation of real estate leaders through this engagement.
ACRES Commercial Realty Corp (NYSE: ACR) reported a GAAP net loss of
ACRES Commercial Realty Corp. (NYSE: ACR) announced it will release its fourth quarter and year-end results on March 2, 2023, after market close. Investors are invited to join a live conference call at 5:00 p.m. ET on the same day, accessible via telephone or webcast. Dial-in options include 1-877-300-8521 (U.S.) or 1-412-317-6026 (International) with the passcode 10174643. A replay will be available until March 16, 2023. ACRES focuses on originating, holding, and managing commercial real estate mortgage loans and investments, primarily in multifamily, student housing, and other sectors across the U.S.
ACRES Commercial Realty Corp. (NYSE: ACR) announced cash dividends for its Preferred Stock, declaring $0.5390625 per share for the 8.625% Series C and $0.4921875 per share for the 7.875% Series D. Both dividends will be paid on January 30, 2023, to shareholders on record as of January 2, 2023. This announcement reaffirms the company’s commitment to providing value to its investors through consistent dividend payments, positioning itself favorably in the commercial real estate sector.
ACRES Commercial Realty Corp. (NYSE: ACR) reported a GAAP net income of $713,000, or $0.08 per diluted share, for the quarter ended September 30, 2022. CEO Mark Fogel emphasized a commitment to delivering long-term value by focusing on high-quality investments and portfolio management. A detailed presentation of quarterly results is available on the company’s website. ACR will host an earnings call on November 3, 2022, to discuss its Q3 2022 performance, with a replay accessible until November 17, 2022.
ACRES Commercial Realty Corp. (NYSE: ACR) will announce its third quarter 2022 results on November 3, 2022, after market closure. Investors are invited to participate in a live conference call on the same day at 5:00 p.m. Eastern Time, accessible via telephone or webcast. Domestic participants can call 1-877-300-8521, while international callers can dial 1-412-317-6026 with passcode 10171035. A replay will be available until November 17, 2022. ACRES focuses on commercial real estate mortgage loans and equity investments through direct ownership and joint ventures.
ACRES Commercial Realty Corp. (NYSE: ACR) announced cash dividends on its Preferred Stock. Shareholders will receive $0.5390625 per share for the 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock and $0.4921875 per share for the 7.875% Series D Cumulative Redeemable Preferred Stock. Both dividends will be paid on October 31, 2022, to holders of record as of October 3, 2022. ACRES is focused on managing commercial real estate mortgage loans and equity investments.
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ACRES Commercial Realty Corp. (ACR) reported a GAAP net income of $690,000, or $0.08 per diluted share, for Q2 2022. CEO Mark Fogel expressed confidence in the company's portfolio management amid current market conditions. ACR will discuss its earnings on a live call on August 4, 2022, at 5:00 p.m. ET. A replay will be available until August 18, 2022. Full results can be found on their website.