Eagle Point Credit Management LLC, identified as holding about ten percent of Acres Commercial Realty Corp (NYSE: ACR), executed a sale of 2,954 shares of the REIT’s 7.875% Series D Preferred Stock on March 16, 2026. The trades were completed at a weighted average price of $22.07 per share, producing total proceeds of $65,194.
The disposition occurred across several transactions with executed prices spanning from $22.05 to $22.10. After these sales, Eagle Point Credit Management LLC still holds 739,023 shares of the 7.875% Series D Preferred Stock.
Corporate filings also note that Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC - the latter serving as general partner to certain accounts - may be viewed as having an indirect pecuniary interest in the reported securities. Both entities, however, disclaim beneficial ownership of the securities in the filing.
Beyond the Series D preferred position, the entities continue to own broader stakes in Acres Commercial Realty. The filing shows ongoing holdings of 1,177,060 shares of Common Stock (par value $0.001) and 349,907 shares of 8.625% Series C Preferred Stock.
The preferred-stock sales come as Acres Commercial Realty’s common shares have lost ground over the last year, falling 20% and most recently trading at $18.80. The company’s market capitalization is reported at $127.89 million. An InvestingPro analysis cited in the filing indicates the stock appears undervalued relative to Fair Value estimates and points readers to a Pro Research Report covering ACR and more than 1,400 other U.S. equities for further detail.
Acres Commercial Realty disclosed fourth-quarter 2025 financial results that missed expectations. The company reported earnings per share of -$0.43, versus an anticipated $0.14, and revenue of $20.3 million compared with forecasts of $20.58 million. The reported earnings surprise was calculated at -407.14%.
Following the quarter, Raymond James reiterated a Market Perform rating on Acres Commercial Realty. In its commentary, the firm highlighted notable loan origination activity. Acres’ management has announced plans to issue a new commercial real estate collateralized loan obligation in the first quarter of 2026 and projects that the company’s commercial real estate lending book will grow by $500 million to $700 million from year-end levels.
These disclosures portray a company working to expand its loan portfolio while navigating a year-over-year drop in its common stock and a significant quarterly earnings shortfall. Eagle Point’s recent preferred-stock sale represents a modest liquidity event for a shareholder that retains meaningful positions across multiple share classes.
Key points
- Eagle Point Credit Management sold 2,954 shares of ACR’s 7.875% Series D Preferred Stock on March 16, 2026 at a weighted average price of $22.07, totaling $65,194.
- Post-transaction, Eagle Point still holds 739,023 shares of Series D preferred, 1,177,060 common shares, and 349,907 shares of 8.625% Series C preferred.
- Acres Commercial Realty reported Q4 2025 EPS of -$0.43 and revenue of $20.3 million, missing estimates; the company plans a new CRE CLO in Q1 2026 and projects a $500 million to $700 million expansion in its CRE loan book.
Risks and uncertainties
- Acres’ fourth-quarter 2025 earnings and revenue fell short of expectations, a performance metric that directly affects investor sentiment in the real estate finance sector.
- The company’s common stock has declined 20% over the past year, which may reflect market concerns about near-term performance or valuation.
- Plans to expand the commercial real estate loan portfolio and to execute a new CRE CLO introduce execution risk related to origination volume, securitization timing, and market demand for such assets.