Company ACRES Commercial Realty Corp.

Equities

ACR

US00489Q1022

Specialized REITs

Market Closed - Nyse 04:00:02 2024-04-24 pm EDT 5-day change 1st Jan Change
13.59 USD -2.72% Intraday chart for ACRES Commercial Realty Corp. -0.51% +41.27%

Business Summary

ACRES Commercial Realty Corp. is a real estate investment trust. The Company is primarily focused on originating, holding and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp. (ACRES), a private commercial real estate lender dedicated to nationwide middle market CRE lending with a focus on multifamily, student housing, hospitality, industrial and office property in top United States markets. 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. It invests in CRE whole loans, CRE mezzanine loans and CRE equity investments.

Number of employees: 4

Sales per Business

USD in Million2022Weight2023Weight Delta
Real Estate Investment Trust
100.0 %
75 100.0 % 91 100.0 % +21.23%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
75 100.0 % 91 100.0 % +21.23%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 20-07-30
Director of Finance/CFO 44 14-03-23
Chief Operating Officer 33 20-06-30
Director/Board Member 66 06-05-31
Director/Board Member 81 05-02-28
Comptroller/Controller/Auditor 51 09-12-31
General Counsel 46 20-06-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 81 05-02-28
Director/Board Member 67 21-06-09
Director/Board Member 81 05-02-28
Director/Board Member 80 05-02-28
Director/Board Member 72 05-02-28
Director/Board Member 66 06-05-31
Chief Executive Officer 55 20-07-30
Director/Board Member 68 07-01-31
Chairman 54 20-07-30
Founder 55 21-06-09

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 4,800,000 0 0 87.33 %
Stock B 1 7,748,393 6,766,481 ( 87.33 %) 0

Shareholders

NameEquities%Valuation
Eagle Point Credit Management LLC
15.37 %
1,191,307 15.37 % 17 M $
ACRES Capital Corp.
8.661 %
671,110 8.661 % 9 M $
Vanguard Global Advisers LLC
4.723 %
365,972 4.723 % 5 M $
Punch & Associates Investment Management, Inc.
3.451 %
267,394 3.451 % 4 M $
BlackRock Institutional Trust Co. NA
1.535 %
118,911 1.535 % 2 M $
Acadian Asset Management LLC
1.141 %
88,434 1.141 % 1 M $
86,201 1.113 % 1 M $
Benefit Street Partners LLC
0.9829 %
76,156 0.9829 % 1 M $
Geode Capital Management LLC
0.8923 %
69,137 0.8923 % 972 066 $
Renaissance Technologies LLC
0.7781 %
60,294 0.7781 % 847 734 $
NameEquities%Valuation
Eagle Point Credit Management LLC
14.41 %
691,560 14.41 % 17 M $
6,200 0.1292 % 149 544 $
Altegris Advisors LLC
0.003125 %
150 0.003125 % 3 618 $
NameEquities%Valuation
Eagle Point Credit Management LLC
22.63 %
1,020,135 22.63 % 22 M $
Axonic Capital LLC
6.211 %
280,000 6.211 % 6 M $
1,000 0.0222 % 21 510 $
220 0.004880 % 4 732 $
220 0.004880 % 4 732 $

Company contact information

ACRES Commercial Realty Corp.

390 RXR Plaza

11556, Uniondale

+516 535 0015

http://www.acresreit.com
address ACRES Commercial Realty Corp.(ACR)

Group companies

NameCategory and Sector
Real Estate Investment Trusts
  1. Stock Market
  2. Equities
  3. ACR Stock
  4. Company ACRES Commercial Realty Corp.