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$322.13M
49.37
N/A
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ACRES Commercial Realty Corp (ACR-PC) trades on United States in USD. The company is classified in the Real Estate sector under the REIT - Mortgage industry. The stock currently trades at $24.98, up 0.75% from the previous close.
Over the past year, ACR-PC has traded between a low of $21.17 and a high of $25.28. The stock has gained 8.6% over this period. It is currently 18.0% above its 52-week low.
ACRES Commercial Realty Corp has a market capitalization of $322.13M, with a price-to-earnings ratio of 49.37.
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. The company invests in commercial real estate credit investments, 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 CRE whole loans, and equity investments. It 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.