ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THREE MONTHS ENDED MARCH 31, 2022

UNIONDALE, N.Y., May 5, 2022 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures, today reported results for the three months ended March 31, 2022. ACR's GAAP net loss allocable to common shares was $2.8 million, or $(0.30) per share-diluted, during the three months ended March 31, 2022.

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