ACRES Commercial Realty Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $106.8M
- Price
- $14.98
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.46%
- Volume
- 8.5K
About
ACRES Commercial Realty Corp. (ACR) functions as a real estate investment trust (REIT) based in Uniondale, New York, having been established in 2005. The firm's primary objective is to generate, own, and administer various debt instruments related to commercial real estate, including mortgage loans, throughout the United States. ACR strategically allocates capital to a diverse range of assets tied to commercial properties. These investments encompass both variable and fixed-rate first lien mortgage loans, senior and junior participations in first mortgage loans, mezzanine financing, preferred equity investments, commercial mortgage-backed securities (CMBS), and direct equity or preferred equity stakes in commercial real estate. As a certified REIT for federal income tax purposes, the company typically avoids federal corporate income tax, contingent on distributing 100% of its taxable REIT income. Notably, the entity updated its legal name to ACRES Commercial Realty Corp. in February 2021, having previously been known as Exantas Capital Corp.
Quick stats
Shares outstanding7.1M
Computed float4.4M
Float / shares62.4%
Key info
SectorReal Estate
IndustryREIT - Mortgage
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001332551
Websitehttps://www.acresreit.com
AI Summary
AI-generated1/28
standardbearishoperations update
Amid Declining Book Value, ACRES Commercial Realty Struggles to Sell REO Property Due to Labor Dispute with Philadelphia Hospitality Union UNITE HERE Local 274
ACR reported a Q2 2026 GAAP net loss of $12.5 million, with hospitality revenue declining 0.65% year-over-year despite a 50.3% surge in Philadelphia market revenue during World Cup match days.
Chairman Andrew Fentress acknowledged that the sale of the $39.8 million Hilton Garden Inn Philadelphia Center City is stalled due to a labor dispute, stating the lack of a contract makes it impossible to project future expenses.
The situation highlights ACR's pivot toward real estate equity investments, which now account for 58% of revenue, exposing the firm to operational risks in the hospitality sector.
Red flags
- Q2 GAAP net loss of $12.5 million
- unable to sell $39.8M REO asset due to labor dispute
- hospitality revenue underperformed broader market despite World Cup boost
- increased reliance on real estate equity income (58% of revenue vs 21.1% in 2021)