ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. is a mortgage REIT that originates, acquires, and manages commercial real estate credit investments across the United States. The company structures its portfolio around floating-rate and fixed-rate first mortgage loans, first priority and subordinated interests in first mortgages, mezzanine financing, preferred equity, and direct equity investments in commercial real estate properties. This diversified approach allows the firm to participate across multiple layers of commercial real estate capital structures.

The company's investment activity generates revenue primarily through interest income on mortgage loans and equity distributions. Its portfolio spans various commercial property types and geographic markets, though the company does not disclose specific segment breakdowns in public filings. As a REIT, ACRES qualifies for federal tax treatment that exempts it from corporate income taxation provided it distributes at least 90% of taxable income to shareholders.

Incorporated in Maryland and headquartered in Uniondale, New York, ACRES was formerly known as Exantas Capital Corp. until rebranding in February 2021. The company maintains a relatively lean operational footprint consistent with the asset management model typical of mortgage REITs.