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. It invests in commercial real estate-related assets, 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 commercial mortgage-backed securities. 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.
Home Page: www.acresreit.com
390 RXR Plaza
Uniondale,
NY
11556
United States
Phone:
516 535 0015
Officers
| Name | Title |
|---|---|
| Mr. Mark Steven Fogel | President, CEO & Director |
| Mr. Eldron C. Blackwell | Senior VP, CFO & Treasurer |
| Ms. Jaclyn Alyce Jesberger | Chief Legal Officer, Senior VP & Secretary |
| Mr. Kyle K. Brengel | Vice President of Operations |
| Ms. Linda M. Kilpatrick | VP, Chief Accounting Officer & Controller |
| Mr. Steven Landgraber | Senior Vice President of Corporate Finance & Investor Relations Officer |
| Mr. Jeffrey Dean Blomstrom | Senior Vice President |
| Mr. George Edward Carleton | Executive Vice President of Resource America |
| Mr. Paul Andrew Hughson J.D. | Executive VP of Commercial Real Estate Lending Business Division |
| Mr. George E. Carlton | Head of CMBS Investing |
Exchange: F
Country: DE : Germany
Currency: Euro (€)
| GIC Sector: | Financials |
|---|---|
| GIC Group: | Financial Services |
| GIC Industry: | Capital Markets |
| GIC Sub-Industry: | Asset Management & Custody Banks |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 21.0256 |
| Price-to-Book MRQ: | 0.3078 |
| Price-to-Sales TTM: | 1.6747 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 0 |