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ACRES Commercial Realty Corp reported a GAAP net loss of $732,000 in Q2, driven by a GAAP book value per share decrease from $28.50 to $27.93. However, the company closed a new commitment of $72 million, increasing its loan portfolio by $60.5 million, and repurchased 272,000 common shares at a 33% discount. ACRES is actively managing its portfolio and expects to monetize real estate investments at gains in the future.

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