Company ACRES Commercial Realty Corp.

Equities

ACR

US00489Q1022

Specialized REITs

Market Closed - Nyse 04:00:02 2024-03-27 pm EDT 5-day change 1st Jan Change
13.66 USD +5.56% Intraday chart for ACRES Commercial Realty Corp. +2.25% +42.00%

Business Summary

ACRES Commercial Realty Corp. is a real estate finance company. The Company is primarily focused on originating, holding and managing commercial real estate (CRE), mortgage loans and equity investments in commercial real estate property. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp. The Company's subsidiaries include 2501-2901 Renaissance JV, LLC, 2901 Renaissance Holdings 1 LLC, 2901 Renaissance Holdings 2 LLC, 2901 Renaissance, LLC, 209 West Jackson Holdings, LLC, ACRES 2100 Holdings, LLC, ACRES Commercial Realty 2021-FL1 Holder, LLC, ACRES Commercial Realty 2021-FL1 Issuer, Ltd., ACRES Commercial Realty 2021-FL1 Co-Issuer, LLC, ACRES Commercial Realty 2021-FL2 Holder, LLC, ACRES Commercial Realty 2021-FL2 Issuer, Ltd., ACRES Commercial Realty 2021-FL2 Co-Issuer, LLC, ACRES FSU, LLC, ACRES Real Estate TRS 9 LLC, ACRES Real Estate SPE 10, LLC, ACRES Renaissance Holdings, LLC, Exantas Real Estate TRS, Inc. and Innovation 2100 LLC.

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
14.09 %
1,191,307 14.09 % 13 M $
ACRES Capital Corp.
7.937 %
671,110 7.937 % 7 M $
Vanguard Global Advisers LLC
4.328 %
365,972 4.328 % 4 M $
Punch & Associates Investment Management, Inc.
3.163 %
267,394 3.163 % 3 M $
BlackRock Institutional Trust Co. NA
1.406 %
118,911 1.406 % 1 M $
Axonic Capital LLC
1.282 %
108,401 1.282 % 1 M $
Acadian Asset Management LLC
1.046 %
88,434 1.046 % 977 196 $
86,201 1.020 % 952 521 $
Benefit Street Partners LLC
0.9007 %
76,156 0.9007 % 841 524 $
Geode Capital Management LLC
0.8177 %
69,137 0.8177 % 763 964 $
NameEquities%Valuation
Eagle Point Credit Management LLC
14.41 %
691,560 14.41 % 17 M $
6,200 0.1292 % 148 924 $
Altegris Advisors LLC
0.003125 %
150 0.003125 % 3 603 $
NameEquities%Valuation
Eagle Point Credit Management LLC
22.14 %
1,020,135 22.14 % 22 M $
Axonic Capital LLC
6.077 %
280,000 6.077 % 6 M $
1,000 0.0217 % 21 830 $
220 0.004774 % 4 803 $
220 0.004774 % 4 803 $

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