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ACRES Commercial Realty Corp.

17.15

-0.4100-2.33%

Post-market: 17.150.00000.00%16:05 EDT

Volume:32.29K

Turnover:562.41K

Market Cap:127.87M

PE:14.91

High:18.01

Open:17.75

Low:17.02

Close:17.56

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Overview Company News Filings

Company Profile

Company Name:

ACRES Commercial Realty Corp.

Exchange:

NYSE

Establishment Date:

2005

Employees:

4

Office Location:

390 RXR Plaza,Uniondale,New York,United States

Website:

http://www.acresreit.com

Zip Code:

11556

Phone:

Fax:

- -

Introduction:

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.

Directors

Name

Position

Andrew L. Farkas

Director and Chairman

Gary Ickowicz

Director

Henry R. Silverman

Director

Jeffrey P. Cohen

Director

Murray S. Levin

Director

P. Sherrill Neff

Director

Stephanie H. Wiggins

Director

Steven J. Kessler

Director

Walter T. Beach

Director

William B. Hart

Director

Shareholders

Name

Position

Robert C. Lieber

Chief Executive Officer

David J. Bryant

Senior Vice President, Chief Financial Officer and Treasurer

Jeffrey D. Blomstrom

Senior Vice President

Michele R. Weisbaum

Chief Legal Officer, Senior Vice President and Secretary

Thomas C. Elliott

Executive Vice President and Senior Vice President - Finance and Operations

Eldron C. Blackwell

Vice President and Chief Accounting Officer

Matthew J. Stern

President

Paul A. Hughson

Executive Vice President

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