ACRES Commercial Realty Corp (NYSE:ACR)
$ 16.11 -0.13 (-0.8%) Market Cap: 126.84 Mil Enterprise Value: 1.67 Bil PE Ratio: 19.89 PB Ratio: 0.29 GF Score: 58/100

Q1 2023 Acres Commercial Realty Corp Earnings Call Transcript

May 04, 2023 / 03:00PM GMT
Release Date Price: $8.04 (-3.37%)
Operator

Good day, and welcome to the ACRES Commercial Realty Corp. First Quarter 2023 Conference Call. (Operator Instructions)

Please note, this event is being recorded.

I would now like to turn the conference over to Kyle Brengel. Please go ahead.

Kyle K. Brengel
ACRES Commercial Realty Corp. - VP of Operations

Good afternoon, and thank you for joining our call. I would like to highlight that we have posted the first quarter 2023 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 beliefs, anticipates and 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

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