ACR News and Press, ACRES Commercial Realty Corp Com From 03/11/23

2023-03-11 03:37:37 ET Summary In this article, we investigate RLJ Lodging Trust's convertible preferred shares, RLJ.PA. After a brief overview of the company, we dig into the financials to gauge safety of the preferreds. Then we'll merge our analysis with recent analysis of p...

2023-03-10 09:42:24 ET Summary ACR invests in the riskiest type of real estate loans, variable-rate commercial real estate. The company leverages those investments through VIEs but also takes on debt at the corporate level. Although credit quality has not been fundamentally im...

2023-03-09 18:03:40 ET Summary Jerome Powell swings a wrecking ball into the markets. Even assets that would normally benefit from higher rates are down because of economic risk. One of our favorite picks for being terrible did the thing again. Which thing? Dropping 14% in two...

2023-03-07 13:55:49 ET Summary With the Fed's terminal rate now at ~5.6% and "higher for longer" narrative, Blackstone Mortgage Trust, Inc.'s 100% floating-rate portfolio is poised to earn a lot more (all else equal). Only during the COVID peak panic did Blackstone Mortgage Trust ...

2023-03-04 15:37:00 ET Delinquencies on commercial real estate loans at U.S. banks increased sharply in Q4 from the earlier quarter, amid a tough macroeconomic backdrop, declining occupancy rates and tightening of lending standards. Loans overdue for over 30 days and those in n...

ACRES Commercial Realty Corp. (ACR) Q4 2022 Earnings Conference Call March 02, 2023 05:00 PM ET Company Participants Kyle Brengel - VP Mark Fogel - President and CEO Dave Bryant - CFO Andrew Fentress - Chairman Conference Call Participants Stephen Laws ...

ACRES Commercial Realty press release ( NYSE: ACR ): Q4 GAAP EPS of -$0.87 misses by $1.00 . Revenue of $23.24M (+50.5% Y/Y) beats by $2.44M . For further details see: ACRES Commercial Realty GAAP EPS of -$0.87 misses by $1.00, revenue of $23.24M beats by $2.44M

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2022 PR Newswire UNIONDALE, N.Y. , March 2, 2023 /PRNewswire/ -- ACRES Commercial Realty Corp . (NYSE: ACR) ("ACR" or the "Company") , a real estate investme...

Summary On March 1, BrightSpire Capital saw one of its largest single-day declines since April 2020 ending 16.6% below its previous close. The impetus for this was a new stock offering prospectus being filed -- though the offering is non-dilutive and represents DigitalBridge selling the...

ACRES Commercial Realty ( NYSE: ACR ) is scheduled to announce Q4 earnings results on Thursday, March 2nd, after market close. The consensus EPS Estimate is $0.45 and the consensus Revenue Estimate is $20.8M (+34.7% Y/Y). Over the last 2 years, ACR has beaten EPS estimates ...