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 equity investments in commercial real estate property in the United States.
The company invests in commercial real estate credit investments, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and CRE equity investments.
It 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 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 |
| Stock Type | Common Stock |
| 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 |
| Eldron C. Blackwell | Chief Financial Officer and Senior Vice President |
| Linda M. Kilpatrick | Vice President, Chief Accounting Officer and Controller |
| Jaclyn Alyce Jesberger | Chief Legal Officer, Senior Vice President and Secretary |
| Kyle K. Brengel | Vice President of Operations |
| Steven Landgraber | Senior Vice President of Corporate Finance and Investor Relations Officer |
| Paul Andrew Hughson J.D. | Executive Vice President of Commercial Real Estate Lending Business Division |
| George E. Carlton | Head of CMBS Investing |
| Michael Anthony Pierro | Senior Vice President |
| Jason L. Bodine | Treasurer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jun 5, 2025 | 8-K | Current Report |
| May 16, 2025 | SCHEDULE 13G/A | Filing |
| May 8, 2025 | 10-Q | Quarterly Report |
| Apr 30, 2025 | 8-K | Current Report |
| Apr 11, 2025 | ARS | Filing |
| Apr 11, 2025 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 11, 2025 | DEF 14A | Other definitive proxy statements |
| Mar 20, 2025 | ABS-15G | Filing |
| Mar 17, 2025 | 10-K | Annual Report |
| Mar 5, 2025 | 8-K | Current Report |