Acres Commercial Realty

ACR · NYSE

$10.47+$0.03 (+0.29%)TodayMarket closed ·
Prev close $10.44

About ACR

ACRES Commercial Realty Corp. is a real estate investment trust, which engages in the origination, holding, and management of commercial mortgage loans, and commercial real estate related debt investments. The company is headquartered in Uniondale, New York. The company went IPO on 2006-02-07. The firm is primarily focused on originating, holding and managing commercial real estate mortgage loans and equity investments in commercial real estate properties through direct ownership and joint ventures. Its objective is to provide its stockholders with total returns over time, including the payment of quarterly distributions when approved by its board of directors, and capital appreciation, while seeking to manage the risks associated with its investment strategies. The company invests in CRE whole loans and CRE equity investments. The firm is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender dedicated to nationwide middle market commercial real estate lending with a focus on multifamily, student housing, hospitality, industrial and office property in the United States markets.

Employees
0
Headquarters
Uniondale, New York
Listed
Feb 7, 2006
Sector
Financials
Industry
Mortgage Real Estate Investment Trusts (REITs)

Leadership

Acres Commercial Realty executives
NameTitleSince
Andrew Fentress—2020
Mark Fogel—2020
Eldron Blackwell——
Jaclyn Jesberger——
Linda Kilpatrick——
David Bryant—2006
Karen Edwards——
Gary Ickowicz——
Steven Kessler—2005
Murray Levin——
P. Sherrill Neff——
Dawanna Williams——

Revenue by product and region

Fiscal year ended Dec 31, 2016: $62.68M total revenue

By product

  • Commercial Real Estate Debt Investments$65.19M104.0%
  • Cumulative intercompany reclassification$62.68M100.0%
  • Commercial Finance$17.25M27.5%
  • Residential mortgage loans$456.00K0.7%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Acres Commercial Realty suppliers and customers
CompanyRelationshipCorrelation
ACRES Capital Corp.Supplier—
Resource America, Inc. REXISupplier—

Similar companies

Companies in the same industry as Acres Commercial Realty

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