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Acres Commercial Realty Corp (ACR) USD0.001

Sell:$13.67 Buy:$13.94 Change: $0.14 (1.02%)
Market closed |  Prices as at close on 19 April 2024 | Switch to live prices |
Sell:$13.67
Buy:$13.94
Change: $0.14 (1.02%)
Market closed |  Prices as at close on 19 April 2024 | Switch to live prices |
Sell:$13.67
Buy:$13.94
Change: $0.14 (1.02%)
Market closed |  Prices as at close on 19 April 2024 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

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.

Contact details

Address:
390 RXR PLAZA
865 Merrick Avenue, Ste 200S
UNIONDALE
11556
United States
Telephone:
+1 (516) 5350015
Website:
https://www.acresreit.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
ACR
ISIN:
US00489Q1022
Market cap:
$105.84 million
Shares in issue:
7.75 million
Sector:
Mortgage REITs
Exchange:
New York Stock Exchange
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • Andrew Fentress
    Chairman of the Board
  • Mark Fogel
    President, Chief Executive Officer, Director
  • Eldron Blackwell
    Chief Financial Officer, Senior Vice President, Treasurer
  • Jaclyn Jesberger
    Senior Vice President, Secretary, Chief Legal Officer
  • Linda Kilpatrick
    Chief Accounting Officer, Vice President, Controller

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.