ACRES Commercial Realty Corp. (ACR) Q1 2025 Earnings Call Transcript


ACRES Commercial Realty Corp. (NYSE:ACR) Q1 2025 Earnings Call May 1, 2025 10:00 AM ET

Company Participants

Kyle Brengel – Vice President, Operations
Mark Fogel – President and Chief Executive Officer
Eldron Blackwell – Chief Financial Officer
Andrew Fentress – Chairman

Conference Call Participants

Matthew Erdner – Jones Trading
Chris Muller – Citizens Capital Markets

Operator

Good day, ladies and gentlemen and welcome to the First Quarter 2025 ACRES Commercial Realty Corp. Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded. I would now like to introduce your host for today’s conference, Kyle Brengel, Vice President, Operations. You may go ahead.

Kyle Brengel

Good morning and thank you for joining our call. I would like to highlight that we have posted the first quarter 2025 earnings presentation to our website. This presentation contains summary and detailed information about the quarterly results of the company.

Before we begin, I want to remind everyone that certain statements made during this call are not based on historical information and may constitute forward-looking statements. When used in this conference call, the words believes, anticipates, expects and similar expressions are intended to identify forward-looking statements. Although the company believes that these forward-looking statements are based on reasonable assumptions, such statements are based on management’s current expectations and beliefs and are subject to several trends, risks and uncertainties that could cause actual results to differ materially from those contained in forward-looking statements. These risks and uncertainties are discussed in the company’s reports filed with the SEC, including its reports on Forms 8-K, 10-Q and 10-K, and in particular, the Risk Factors section of its Form 10-K.

Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The company undertakes no obligation to update any



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