ACRES Commercial Realty Corp. (ACR.PD) company profile
Close on Oct 30, 2026Market cap $119.23MP/E –Yield 0.00%
About ACRES Commercial Realty
Real Estate Investment Trusts, SIC 6798
ACRES Commercial Realty Corp. is a real estate finance company that originates, holds, and manages commercial real estate loans and equity investments. The company operates primarily through its commercial real estate portfolio segment. Its financial products and services include commercial real estate whole loans, floating-rate loans, mezzanine financing, preferred equity investments, and direct real estate equity holdings. These offerings support diverse property types, including multifamily housing, office buildings, hotels, self-storage facilities, student housing, and mixed-use developments. The company's clients are commercial real estate developers, owners, and property investors.
The company operates across North America, maintaining investments and loan exposures throughout multiple United States regions. These geographic areas include the Southeast, Mid-Atlantic, Northeast, Southwest, Mountain, Pacific, East North Central, and West North Central markets. Documented local markets include Tallahassee, Florida; Columbus, Ohio; Rock Hill, South Carolina; Marietta, Georgia; and Tempe, Arizona. The text does not state the company's headquarters location.
Summary of the business section of ACRES Commercial Realty's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ACRES Commercial Realty Corp.
- Founded
- 2005
- Headquarters
- Uniondale, NY
- Address
- 390 Rxr Plaza 11556
- Phone
- (516) 535-0015
- Employees
- 704, Dec 31, 2015
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Grant Thornton LLP, San Francisco, California
Stock & identifiers
- Ticker
- ACR.PD
- Other tickers
- ACR, ACR.PC
- Exchange
- NYSE
- IPO date
- Feb 7, 2006
- Shares outstanding
- 7M, Aug 3, 2026
- Public float
- $105.61M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-3 reverse, Feb 17, 2021; 1-for-4 reverse, Sep 1, 2015
- SEC CIK
- 1332551
- CUSIP
- 00489Q102
- ISIN
- US00489Q1022
- LEI
- 549300RUJWPCMY4JFR46
- EIN
- 20-2287134
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Andrew Fentress | COB & MD Capital Markets, Director | 1,966,867 |
| Mark S. Fogel | President | 1,447,218 |
| Richard A. Persaud | MD- Finance & Accounting | 1,333 |
| Jaclyn Jesberger | SVP. CLO & Secretary | 355,382 |
| Linda M. Kilpatrick | VP & Chief Accounting Officer | 5,341 |
| Kyle K. Brengel | Chief Operating Officer | 12,250 |
| Eldron C. Blackwell | SVP & CFO | 13,288 |
| Martin E. Reasoner | Managing Director-Originations | 18,411 |
| David J. Bryant | Director | 39,958 |
| Steven J. Kessler | Director | 49,450 |
| Karen K. Edwards | Director | 17,647 |
| P. Sherrill Neff | Director | 35,286 |
| Gary Ickowicz | Director | 33,752 |
| Dawanna Williams | Director | 15,079 |
| Murray S. Levin | Director | 32,412 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $0 | $0 | $420.12K | $178 | $124 |
| FY2024 Mark Fogel | $0 | $0 | $413.67K | $135 | $122 |
| FY2024 Robert Lieber | $0 | $0 | $413.67K | $135 | $122 |
| FY2023 Mark Fogel | $0 | $0 | $459.49K | $80 | $117 |
| FY2023 Robert Lieber | $0 | $0 | $459.49K | $80 | $117 |
| FY2022 | $0 | $0 | $385.35K | $69 | $105 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Other | Total | vs. prior year |
|---|---|---|---|---|---|
| Eldron C. Blackwell Senior Vice President and Chief Financial Officer | $260.00K | $125.00K | $14.00K | $399.00K | +8% |
| Jaclyn A. Jesberger Senior Vice President, Chief Legal Officer and Secretary | $414.00K | $138.00K | $19.77K | $571.77K | -5% |
| Linda Kilpatrick Vice President and Chief Accounting Officer | $200.00K | $80.00K | $9.60K | $289.60K | +8% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Feb 7, 2006
- Securities offered
- 4,000,000
- Exchange
- Nasdaq
- First trading day
- Feb 7, 2006
- First-day close
- $14.00
- Lock-up ends (est.)
- Aug 6, 2006
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2015 , Resource America had 704 full-time employees, including 101 asset management professionals and 603 support personnel.”
Corporate history
Events identified from SEC filings