ACRES Commercial Realty Corp. (ACR)
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 taxes if it distributes at least 90% of its taxable income to its stockholders.
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 |
| Founded | 2005 |
| Industry | REIT - Mortgage |
| Sector | Real Estate |
| Employees | 4 |
| CEO | Mark Steven Fogel |
Contact Details
Address: 390 Rxr Plaza Uniondale, New York 11556 United States | |
| Phone | 516-535-0015 |
| Website | 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 and Director |
| David J. Bryant | Senior Vice President, Chief Financial Officer and Treasurer |
| Eldron C. Blackwell | Vice President and Chief Accounting Officer |
| Jaclyn Alyce Jesberger | Chief Legal Officer, Senior Vice President and Secretary |
| Richard Anthony Persaud | Vice President of Finance and Operations |
| Steven Landgraber | Senior Vice President of Corporate Finance and Investor Relations Officer |
| Alan Frank Feldman | Senior Vice President of Real Estate Investments |
| Jeffrey Dean Blomstrom | Senior Vice President |
| Kyle Geoghegan | Senior Vice President of Loan Originations |
| Darryl Myrose | Senior Vice President of Loan Originations |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 21, 2023 | 8-K | Current Report |
| Nov 7, 2023 | 10-Q | Quarterly Report |
| Nov 1, 2023 | 8-K | Current Report |
| Aug 7, 2023 | 10-Q | Quarterly Report |
| Aug 2, 2023 | 8-K | Current Report |
| Jul 25, 2023 | 8-K | Current Report |
| Jun 12, 2023 | 8-K | Current Report |
| May 8, 2023 | 10-Q | Quarterly Report |
| May 3, 2023 | 8-K | Current Report |
| Apr 20, 2023 | ARS | Filing |