ACRES Commercial Realty C...

21.05
-0.39 (-1.82%)
At close: Mar 28, 2025, 3:59 PM
19.71
-6.37%
After-hours: Mar 28, 2025, 04:26 PM EDT

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.

ACRES Commercial Realty Corp.
ACRES Commercial Realty Corp. logo
Country United States
IPO Date Feb 7, 2006
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
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001332551
CUSIP Number 30068N105
ISIN Number US00489Q1022
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
Mar 26, 2025 4 Filing
Mar 21, 2025 4 Filing
Mar 20, 2025 ABS-15G Filing
Mar 19, 2025 4 Filing
Mar 18, 2025 4 Filing
Mar 17, 2025 10-K Annual Report
Mar 05, 2025 8-K Current Report
Feb 24, 2025 4 Filing
Feb 03, 2025 4 Filing
Jan 24, 2025 4 Filing