Company Description
ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and other commercial real estate-related debt investments in the United States.
It invests in commercial real estate-related assets, including floating and fixed rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, preferred equity investments, commercial mortgage-backed securities, and commercial real estate equity and preferred equity investments.
The company qualifies as a real estate investment trust for federal income tax purposes.
It generally would not be subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income.
The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021.
ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York.
| Country | United States |
| IPO Date | May 18, 2021 |
| Industry | REIT - Mortgage |
| Sector | Real Estate |
| Employees | 4 |
| CEO | Mark Steven Fogel |
Contact Details
Address: 390 RXR Plaza Uniondale, New York United States | |
| Website | https://www.acresreit.com |
Stock Details
| Ticker Symbol | ACR-PD |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001332551 |
| CUSIP Number | 00489Q300 |
| ISIN Number | US00489Q3002 |
| Employer ID | 20-2287134 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Mark Steven Fogel | President, Chief Executive Officer & Director |
| Eldron C. Blackwell | Senior Vice President, Chief Financial Officer & Treasurer |
| Jaclyn Alyce Jesberger | Chief Legal Officer, Senior Vice President & Secretary |
| George E. Carlton | Head of CMBS Investing |
| George Edward Carleton | Executive Vice President of Resource America |
| Jeffrey Dean Blomstrom | Senior Vice President |
| Kyle K. Brengel | Vice President of Operations |
| Linda M. Kilpatrick | Vice President, Chief Accounting Officer & Controller |
| Paul Andrew Hughson J.D. | Executive Vice President of Commercial Real Estate Lending Business Division |
| Steven Landgraber | Senior Vice President of Corporate Finance & Investor Relations Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 10, 2024 | 4 | Filing |
| Dec 09, 2024 | 4 | Filing |
| Dec 05, 2024 | 4 | Filing |
| Dec 03, 2024 | 4 | Filing |
| Nov 27, 2024 | 4 | Filing |
| Nov 25, 2024 | 4 | Filing |
| Nov 21, 2024 | 4 | Filing |
| Nov 19, 2024 | 4 | Filing |
| Nov 15, 2024 | 4 | Filing |
| Nov 12, 2024 | 4 | Filing |