ACRES Commercial Realty Corp.

# ACRES Commercial Realty Corp.

Based in Uniondale, New York, ACRES Commercial Realty Corp. is a mortgage REIT that originates, holds, and manages commercial real estate debt and equity investments across the United States. The company specializes in commercial real estate credit investments, including first mortgage loans on commercial properties, mezzanine financing, subordinated mortgage interests, and preferred equity positions. ACRES also maintains direct equity investments in commercial real estate properties.

As a REIT, the company is structured to pass investment income to shareholders, with a requirement to distribute at least 90% of taxable income to stockholders annually in exchange for favorable federal tax treatment. ACRES was incorporated in Maryland in 2005 and previously operated under the name Exantas Capital Corp. before rebranding in February 2021. The company maintains a market capitalization of approximately $100 million and operates with a relatively lean organizational structure typical of mortgage REITs that focus on asset origination and portfolio management rather than property operations.