ACRES Commercial Realty posts Q1 net loss, originates $496 mln in loans

Acres Commercial Realty

30/04/2026 11:23

Overview

US commercial real estate lender posted Q1 net loss of $1.0 mln

Company originated $496 mln in new loans and closed $1 bln CRE CLO in February

Company realized $3.3 mln gain from sale of a real estate investment

Outlook

Company did not provide specific guidance for the current qtr or full yr

Result Drivers

LOAN ORIGINATIONS - Co originated $496 mln in new loans during Q1, contributing to portfolio growth

CRE CLO ISSUANCE - Co closed a $1 bln commercial real estate CLO in February, supported by recent loan originations

REAL ESTATE SALE GAIN - Co realized $3.3 mln gain from sale of a real estate investment

Company press release: ID:nPn7DJsgda

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
-$1 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy."

Wall Street's median 12-month price target for Acres Commercial Realty Corp is $24.50, about 18.6% above its April 29 closing price of $20.66

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 25 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)