Financial Data and Key Metrics Changes - GAAP net income allocable to common shares for Q4 2024 was $4.1 million or $0.52 per share diluted [19] - Earnings available for distribution (EAD) for Q4 2024 was $0.48 per share, compared to $0.24 per share for Q3 2024 [22] - Operating GAAP book value per share increased to $28.87 on December 31, 2024, from $27.92 on September 30, 2024 [22] Business Line Data and Key Metrics Changes - Loan payoffs during the period were $107.5 million, with a net reduction of the loan portfolio of $81.8 million [11] - The weighted average spread of floating rate loans in the $1.5 billion commercial real estate loan portfolio is 3.73% over one-month term SOFR rates [12] - The total balance for credit losses at December 31 was $32.8 million, representing 2.2% of the $1.5 billion loan portfolio [22] Market Data and Key Metrics Changes - The company ended the quarter with $1.5 billion of commercial real estate loans across fifty-three individual investments [12] - The weighted average risk rating increased to 2.9% at December 31, 2024, from 2.7% at September 30, 2024 [13] Company Strategy and Development Direction - The company is focused on developing a pipeline of high-quality investments and actively managing the portfolio to grow earnings and book value [11] - The strategy includes monetizing equity investments and redeploying capital into the loan book through active origination [28] - The company aims to drive mid-teens return on equity (ROE) and maintain a leverage profile of three and a half to four turns [29] Management's Comments on Operating Environment and Future Outlook - Management expects to see an increase in loan payoffs as properties stabilize and refinancing options become available [40] - The company anticipates that the portfolio will grow to between $1.8 billion and $2 billion by the end of the year [41] - Future gains from real estate operations are expected to be recycled back into the loan book [53] Other Important Information - The company purchased $2.3 million from its previous repurchase plan and approved an additional $5 million for buybacks [23] - Available liquidity at December 31 was $76.9 million, comprising $56.7 million of unrestricted cash [25] Q&A Session Summary Question: Expectations for additional payoffs from two-rated loans - Management expects more payoffs on higher-rated loans, with several already occurring in Q1 [40] Question: Opportunities in the market - The company is seeing increased activity in multifamily refinancings and other asset classes like hospitality and self-storage [44] Question: Gains from remaining real estate operations - Management is cautious about predicting specific gains but believes future sales will lead to capital being recycled back into the loan book [53] Question: Increase in real estate expenses - The increase is attributed to one-time cleanup items and is not expected to recur in 2025 [59]

FOURTH QUARTER 2024 EARNINGS PRESENTATION March 5, 2025 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are not historical facts but rather are based on ACRES Commercial Realty Corp.'s ("ACR's" or the "Company's") current beliefs, assumptions and expectations. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to ACR o ...

Start Time: 10:00 January 1, 0000 10:18 AM ET ACRES Commercial Realty Corp. (NYSE:ACR) Q4 2024 Earnings Conference Call March 06, 2025, 10:00 AM ET Company Participants Mark Fogel - President and CEO Eldron Blackwell - CFO Andrew Fentress - Chairman Kyle Brengel - VP, Operations Conference Call Participants Matthew Erdner - Jones Trading Chris Muller - Citizens Bank Operator Please standby. Your program is about to begin. Good day, ladies and gentlemen. And welcome to the Fourth Quarter 2024 ACRES Commercia ...

As filed with the United States Securities and Exchange Commission on December 18, 2024. Registration No. 333-282947 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _________________________ Cantor Equity Partners I, Inc. (Exact name of registrant as specified in its charter) _________________________ | Cayman Islands | 6770 | 98-1576503 | | --- | --- | --- | | (State or other jurisdiction of | (Prima ...