ACRES Commercial Realty (ACR) Q2 FY26 earnings call

ACRES Commercial Realty Corp. reported Q2 FY26 results marked by significant progress towards its internalization transaction, which received overwhelming shareholder approval and is expected to close shortly. Despite a GAAP net loss and EAD loss primarily due to one-time internalization costs and increased CECL reserves, the company maintains a strong loan pipeline and anticipates meeting its $500 million net growth target for the year. Management is focused on growing value for shareholders through a directly aligned, internalized structure and actively managing its portfolio.