secwatch.observer — SEC 8-K summary
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Issuer:     ACRES Commercial Realty Corp. (ACR)
CIK:        0001332551
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001564590-21-040802
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACR Q2 net income $10.1M ($1.04/diluted); originated $470M CRE loans, $803M securitization
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- GAAP net income allocable to common $10.1M ($1.04/diluted) for Q2 2021; $20.5M ($2.06/diluted) for H1 2021.
- Originated $470M of commercial real estate loans in Q2, accelerating capital deployment.
- Closed $803M securitization in May and launched a new class of preferred equity to support growth.
- CEO cites strong pipeline as middle-market lender; expects to grow earnings and book value.
- Earnings presentation available on website; conference call August 4 at 5:00 p.m. ET.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1332551/000156459021040802/0001564590-21-040802-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1332551/000156459021040802/acr-8k_20210804.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-040802

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer