Acres Commercial Realty Corp.
Price
Key statistics
- Forward rate
- $3.30
- Yield
- 19.07%
- Payout ratio
- 0.00%
- Frequency
- Quarterly
- 2019-12-30$0.83
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.
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- CEO
- Mr. Mark Steven Fogel
- Headquarters
- Uniondale, NY, United States
- Website
- www.acresreit.com