Andrew Fentress
appointed Andrew Fentress as the Company’s Managing Director – Capital Markets
Highest-materiality recent filing
ACR to acquire external manager ACRES Capital Corp., become internally managed REIT
All-stock merger: ACC shareholders receive 2.61882 ACR shares per ACC share; ~7.5M new ACR shares issued at fully diluted book value.
ACR Q1 2026 GAAP net loss $1.0M ($0.16/diluted); originated $496M loans
GAAP net loss allocable to common shares of $1.0M, or -$0.16 per diluted share.
ACRES Commercial Realty Corp. dismisses EY, appoints PwC as auditor effective Q1 2026
Dismissed Ernst & Young (EY) as independent auditor, effective upon filing Q1 2026 10-Q.
ACR Q4 2025 GAAP net loss $3.0M; origination activity $571M
GAAP net loss allocable to common shares $3.0M ($0.43 diluted EPS) for Q4 2025.
ACR reports Q3 GAAP net income $9.8M ($1.34 diluted EPS); redeploys proceeds into new loans
GAAP net income allocable to common shares was $9.8M ($1.34 per diluted share) for Q3 2025.
ACR guarantees $62M construction loan and $11M bridge loan for Chicago JV project
On Sep 12, 2025, ACR entered guaranties for a $62M construction loan and an $11M bridge loan to a JV (90% owned by ACR).
ACRES Commercial Realty reports Q2 GAAP net loss of $0.10 per share
GAAP net loss allocable to common shares of $732,000 ($(0.10) per diluted share) for Q2 2025.
ACRES Commercial Realty stockholders elect all nine directors, approve say-on-pay, ratify EY
All nine director nominees elected: Bryant, Edwards, Fentress, Fogel, Ickowicz, Kessler, Levin, Neff, Williams.
ACRES Commercial Realty reports Q1 net loss $5.9M, EPS $(0.80) per share-diluted
GAAP net loss allocable to common shares was $5.9 million, or $(0.80) per share-diluted for Q1 2025.
ACR reports Q4 2024 net income of $4.1M, diluted EPS $0.52; CEO cites proactive portfolio management
GAAP net income allocable to common shares $4.1M, $0.52 diluted EPS for Q4 2024.
ACRES Commercial Realty reports Q3 GAAP net income $2.8M, EPS $0.36
GAAP net income allocable to common shares of $2.8 million for Q3 2024.
ACR reports Q2 2024 GAAP net income of $1.7M, EPS $0.21
GAAP net income allocable to common shares: $1.7 million for Q2 2024.
ACRES Commercial Realty Corp. announces annual meeting voting results; all nine directors elected
All nine director nominees elected; 'for' votes ranged from 1,966,211 to 2,143,708.
ACRES Commercial Realty selects EY as new auditor; no prior disagreements with Grant Thornton
Audit Committee chose EY as independent auditor for FY2024, effective upon Q1 2024 10-Q filing.
ACRES Commercial Realty reports Q1 2024 GAAP net income $0.07 per share
GAAP net income allocable to common shares was $556,000, or $0.07 diluted EPS for Q1 2024.
ACRES Commercial Realty dismisses Grant Thornton, appoints EY as auditor
Audit Committee dismissed Grant Thornton effective upon filing Q1 2024 10-Q.
appointed Andrew Fentress as the Company’s Managing Director – Capital Markets
Max materiality 0.90 · Median 0.50 · Most common event earnings