Eagle Point Credit Management LLC, which holds approximately 10% of ACRES Commercial Realty Corp (NYSE: ACR), reported a sale of 1,095 shares of the REIT’s 7.875% Series D Preferred Stock on March 30, 2026. The dispositions were carried out at a weighted average price of $22.12 per share, producing proceeds of $24,221.
The report indicates the shares were sold across multiple transactions at prices between $22.02 and $22.15. After completing these sales, Eagle Point Credit Management LLC still indirectly holds 737,928 shares of the 7.875% Series D Preferred Stock. Its broader position in ACRES includes 1,177,060 shares of common stock, $0.001 par value, and 349,907 shares of 8.625% Series C Preferred Stock.
Both Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC - the general partner for certain private investment funds managed by Eagle Point Credit Management LLC - have disclaimed beneficial ownership of the reported securities in the filing.
ACRES’s common shares traded around $19.18 at the time of the filing, representing a decline of roughly 10% year-to-date. According to InvestingPro analysis cited in the filing, the company appears inexpensive relative to its balance sheet, trading at approximately 0.31 times book value. The same analysis assigns the company a FAIR financial health score and notes that ACRES was profitable over the last twelve months.
The insider sale arrives amid underwhelming reported results for the fourth quarter of 2025. ACRES posted earnings per share of -$0.43, missing the consensus expectation of $0.14 by a substantial margin - a -407.14% earnings surprise. Revenue for the quarter was $20.3 million, slightly below the forecasted $20.58 million.
Despite those shortfalls, Raymond James maintained a Market Perform rating on the company. The broker pointed to significant loan origination activity as a notable development: ACRES is preparing a new commercial real estate collateralized loan obligation (CLO) slated for the first quarter of 2026. Management signaled an intent to continue originating loans through 2026, forecasting the commercial real estate book to expand by $500 million to $700 million from year-end levels.
These items together - the partial reduction of a preferred position by a prominent holder and the company’s disappointing quarterly results alongside an active origination plan - present a mixed picture of near-term momentum for ACRES. Investors seeking detailed valuation and financial health analysis can consult the Pro Research Report available for this company and more than 1,400 other U.S. equities on InvestingPro, as noted in the filing.
Summary
Eagle Point sold 1,095 shares of ACRES’s Series D preferred on March 30, 2026, at a weighted average of $22.12 per share for total proceeds of $24,221. After the sale, Eagle Point retains sizable holdings across ACRES’s capital structure. The transaction coincides with ACRES’s weak Q4 2025 results and management’s stated plans to grow its commercial real estate lending book in 2026.
Key points
- Eagle Point sold 1,095 shares of ACRES 7.875% Series D Preferred Stock at a weighted average price of $22.12 per share, totaling $24,221.
- Following the sale, Eagle Point still indirectly holds 737,928 Series D preferred shares, 1,177,060 common shares, and 349,907 Series C preferred shares.
- ACRES reported a Q4 2025 EPS of -$0.43 versus an expected $0.14 and revenue of $20.3 million versus $20.58 million forecast; Raymond James retains a Market Perform rating while management plans CLO issuance and expects $500M to $700M in commercial real estate book growth in 2026.
Risks and uncertainties
- Operational and financial performance risk - ACRES’s negative EPS surprise and slightly missed revenue indicate execution and earnings volatility in the quarter, affecting investor assessments of the REIT. This impacts the commercial real estate and financial services sectors.
- Financing and origination risk - The company’s plan to expand the loan book and execute a new CLO introduces execution risk tied to loan origination volumes and market appetite for securitized commercial real estate loans, which could affect credit markets and CLO investors.
- Market valuation uncertainty - Although InvestingPro analysis shows ACRES trading at 0.31 times book value, market sentiment and share-price trends, including a roughly 10% YTD decline in the common stock, create uncertainty for equity investors and those focused on REIT valuations.