ACRES Commercial Realty Corp (NYSE:RSOpACL.PFD)
$ 25.01 (0%) Market Cap: - Enterprise Value: 1.34 Bil PE Ratio: 65.31 PB Ratio: 0.33 GF Score: 57/100
Back to the Transcripts List

Q1 2025 Acres Commercial Realty Corp Earnings Call Transcript

May 1, 2025 / 02:00 PM GMT

Key Points

Positve
  • ACRES Commercial Realty Corp (ACR) successfully closed a new $940 million financing facility with JPMorgan, providing a 2-year reinvestment period.
  • The company reported a weighted average spread of 3.67% over one-month term SOFR rates for its $1.4 billion commercial real estate loan portfolio.
  • ACR managed to sell a $20.6 million loan at par, improving the risk profile of its portfolio.
  • The company repurchased 220,000 common shares at a 30% discount to book value, indicating confidence in its valuation.
  • ACR's pipeline for new loans is strong, with expectations of net portfolio growth between $300 million and $500 million by year-end.
Negative
  • ACR reported a GAAP net loss of $5.9 million or $0.80 per share diluted for the first quarter.
  • The company incurred a non-recurring charge of $1.5 million related to unamortized debt issuance costs.
  • Earnings available for distribution (EAD) for the quarter showed a loss of $0.86 per share, a significant decrease from the previous quarter.
  • Real estate operations were a drag on earnings due to seasonality, particularly affecting hotel properties.
  • The GAAP book value per share decreased from $28.87 at the end of December to $28.50 at the end of March.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ACR.N - Acres Commercial Realty Corp
Q1 2025 Acres Commercial Realty Corp Earnings Call
May 01, 2025 / 02:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you. Good day, ladies and gentlemen, and welcome to the first quarter 2025 Acres commercial Realty Corp.

Earnings conference call. Currently all participants are in a listed only mode.

Later we will conduct a question and answer session with instructions to follow at that time.

If anyone requires assistance during the conference, please press star, then 0 on your touchtone phone.

As a reminder, this call is being recorded.

Oh and now I'd like to introduce your host for today conference, Kyle Brinil, Vice President O operations. You may go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
----
Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.