XNYS
ACRpD
Market cap73mUSD
Oct 08, Last price
14.58USD
1D
-2.89%
1Q
-33.51%
IPO
-41.70%
Name
Acres Commercial Realty Corp
Notes
No notes on this company yet
Write a private note on this company, for your eyes only
Profile
ACRES Commercial Realty Corp. (ACR) functions as a real estate investment trust (REIT) based in Uniondale, New York, having been established in 2005. The firm's primary objective is to generate, own, and administer various debt instruments related to commercial real estate, including mortgage loans, throughout the United States. ACR strategically allocates capital to a diverse range of assets tied to commercial properties. These investments encompass both variable and fixed-rate first lien mortgage loans, senior and junior participations in first mortgage loans, mezzanine financing, preferred equity investments, commercial mortgage-backed securities (CMBS), and direct equity or preferred equity stakes in commercial real estate. As a certified REIT for federal income tax purposes, the company typically avoids federal corporate income tax, contingent on distributing 100% of its taxable REIT income. Notably, the entity updated its legal name to ACRES Commercial Realty Corp. in February 2021, having previously been known as Exantas Capital Corp.
Related entities
Subsidiaries
ACRES REALTY FUNDING, INC.
Key people
Jaclyn Jesberger
Senior Vice President, Secretary, Chief Legal Officer · since 2020
Linda Kilpatrick
Chief Accounting Officer, Vice President, Controller · since 2024
Chief Financial Officer, Senior Vice President, Treasurer · since 2024
David Bryant
Director · since 2024
Andrew Fentress
Chairman of the Board · since 2020
Mark Fogel
President, Chief Executive Officer, Director · since 2020
Karen Edwards
Independent Director · since 2021
Gary Ickowicz
Independent Director · since 2007
Steven Kessler
Independent Director · since 2019
Murray Levin
Independent Director · since 2005
P. Sherrill Neff
Independent Director · since 2005
Dawanna Williams
Independent Director · since 2021
Legal address
C/O THE CORPORATION TRUST INCORPORATED
2405 YORK ROAD
SUITE 201
LUTHERVILLE TIMONIUM, MD 21093-2264
US
2405 YORK ROAD
SUITE 201
LUTHERVILLE TIMONIUM, MD 21093-2264
US
Headquarters
717 5th Avenue
New York, NY 10022
US
New York, NY 10022
US
Previous name
EXANTAS CAPITAL CORP.
Previous name
RESOURCE CAPITAL CORP.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025‑12 | 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||||
Revenues | ||||||||||
Cost of revenue | ||||||||||
Unusual Expense (Income) | ||||||||||
NOPBT | ||||||||||
NOPBT Margin | ||||||||||
Operating Taxes | ||||||||||
Tax Rate | ||||||||||
NOPAT | ||||||||||
Net income | ||||||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
| Debt | ||||||||||
Debt current | ||||||||||
Long-term debt | ||||||||||
Deferred revenue | ||||||||||
Other long-term liabilities | ||||||||||
Net debt | ||||||||||
| Cash flow | ||||||||||
Cash from operating activities | ||||||||||
CAPEX | ||||||||||
Cash from investing activities | ||||||||||
Cash from financing activities | ||||||||||
FCF | ||||||||||
| Balance | ||||||||||
Cash | ||||||||||
Long term investments | ||||||||||
Excess cash | ||||||||||
Stockholders' equity | ||||||||||
Invested Capital | ||||||||||
ROIC | ||||||||||
ROCE | ||||||||||
| EV | ||||||||||
Common stock shares outstanding | ||||||||||
Price | ||||||||||
Market cap | ||||||||||
EV | ||||||||||
EBITDA | ||||||||||
EV/EBITDA | ||||||||||
Interest | ||||||||||
Interest/NOPBT | ||||||||||