23.71000 USD
0.01
0.04%
Last update Dec 12, 3:59 PM EST
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Day range
23.57000
23.98000
Previous close
23.70000
Open
23.85000
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Acres Commercial Realty Corp.
23.71
0.01
0.04%

Overview

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Description

Acres Commercial Realty Corp. is a real estate investment trust (REIT) that operates primarily in the commercial real estate sector. The company's primary function is to originate, acquire, and manage commercial real estate (CRE) mortgage loans and other CRE-related debt investments. Focused on generating long-term stable returns for shareholders, Acres Commercial Realty Corp. plays a significant role in providing liquidity and financing solutions to the commercial property market. This asset is crucial for bridging the gap between property developers seeking funding and investors looking for returns from real estate ventures. By diversifying across various property types and geographic locations within the United States, it manages risk and capitalizes on different economic cycles. Acres Commercial Realty Corp. is noteworthy for its expertise in structured finance and its strategic approach to investment, catering to sectors such as office, multifamily, retail, and industrial properties. In the financial market, it serves as a vital conduit for real estate finance, offering investors exposure to commercial real estate performance without direct property ownership.

About

CEO
Mr. Mark Steven Fogel
Employees
0
Address
390 RXR Plaza
Uniondale, 11556, NY
United States
Phone
516 535 0015
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Mortgage
Country
United States
MIC code
XNYS
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