Acres Commercial Realty Corp

ACR remains in an early, fragile Stage 1 consolidation following the mid-June capitulation low. The long-term uptrend is intact, and medium-term bias is bullish given the Post-Capitulation base and supply exhaustion. However, price is currently extended above the rising 9EMA and 21EMA, so under a defensive approach we defer new long exposure and await a pullback into these EMAs before initiating.

• ↑Loan portfolio grew $495.6M last quarter; targets $300–500M growth by 2026
• ↑Expected credit losses declined, indicating improving loan quality
• ↓Q1 net loss $1M (-$0.16/share); revenue down due to CRE securitization ramp