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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.
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Acres Commercial Realty Corporation is a real estate investment trust that owns and manages a portfolio of single-tenant, net-leased commercial properties across the United States, focused on essential retail and service locations. Long-term growth drivers include steady cash flows from long-term leases, portfolio expansion through acquisitions, and demand for convenience-oriented real estate, which may benefit investors seeking predictable rent streams.
Material risks include sensitivity to rising interest rates and financing costs, tenant credit and concentration risk that could affect rental income, and property-level leasing or vacancy exposure in economic downturns.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 27.89M | 28.82M | 21.95M | 10.76M | 33.92M |
| Minority interest | -6.66M | 0.57M | 0.51M | -0.20M | - |
| Net income | 21.32M | 29.27M | 22.39M | 10.62M | 33.92M |
| Selling general administrative | 11.30M | 10.69M | 17.97M | 7.80M | 6.33M |
| Selling and marketing expenses | - | - | 2.58M | - | - |
| Gross profit | 159.34M | 36.59M | 52.22M | 36.15M | 44.86M |
| Reconciled depreciation | 10.25M | 9.69M | 4.40M | 7.49M | 13.99M |
| Ebit | 113.83M | 126.09M | 149.87M | 93.09M | 33.92M |
| Ebitda | 113.91M | 126.15M | 149.96M | 100.58M | 47.91M |
| Depreciation and amortization | 0.08M | 0.06M | 0.09M | 7.49M | 13.99M |
| Non operating income net other | - | - | - | 3.00M | -7.31M |
| Operating income | 102.39M | 11.60M | 20.67M | 93.09M | 33.92M |
| Other operating expenses | 63.52M | 71.89M | 70.46M | 67.41M | 7.16M |
| Interest expense | 85.94M | 116.09M | 130.79M | 82.32M | 61.58M |
| Tax provision | -0.08M | 0.13M | 0.18M | 0.34M | 0.00M |
| Interest income | 119.15M | 157.26M | 183.20M | 126.27M | 101.03M |
| Net interest income | 33.21M | 41.17M | 57.09M | 43.95M | 39.46M |
| Extraordinary items | - | - | - | - | 0.00M |
| Income tax expense | -0.08M | 0.13M | 0.10M | 0.34M | 61.58M |
| Total revenue | 165.90M | 83.49M | 91.13M | 70.00M | 44.86M |
| Total operating expenses | 56.95M | 24.99M | 31.55M | 9.39M | 7.16M |
| Cost of revenue | 6.57M | 46.90M | 38.91M | 33.85M | 67.66M |
| Total other income expense net | -74.49M | 17.22M | 1.27M | -82.32M | -61.58M |
| Net income from continuing ops | 27.98M | 28.70M | 12.75M | 10.76M | 33.92M |
| Net income applicable to common shares | 0.24M | 9.12M | 2.97M | -8.80M | 18.04M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2162.36M | 1881.47M | 2196.11M | 2376.65M | 2284.28M |
| Intangible assets | 6.22M | 6.99M | 7.88M | 8.88M | 3.88M |
| Other current assets | - | -73.66M | -167.05M | 94.53M | 2212.29M |
| Total liab | 1611.77M | 1431.81M | 1749.89M | 1935.34M | 1836.08M |
| Total stockholder equity | 420.80M | 439.13M | 435.80M | 435.47M | 448.19M |
| Other current liab | -6.81M | -6.99M | 3.85M | -17.31M | -12.96M |
| Common stock | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Capital stock | 0.02M | 0.02M | 0.02M | 0.02M | 0.02M |
| Retained earnings | -720.03M | -720.27M | -729.39M | -732.36M | -723.56M |
| Other assets | 93.02M | 1881.47M | 2070.50M | 2267.74M | 2212.29M |
| Cash | 85.96M | 56.71M | 83.45M | 66.23M | 35.50M |
| Cash and equivalents | 83.77M | 56.71M | - | 66.23M | 35.50M |
| Total current liabilities | - | 26.18M | 12.43M | 17.31M | 12.96M |
| Current deferred revenue | - | - | -86.24M | - | - |
| Net debt | 1504.92M | 1348.92M | 1637.03M | 1844.50M | 1782.46M |
| Short term debt | 0.00M | 131.05M | 94.70M | 1867.03M | 1814.42M |
| Short long term debt total | 1590.88M | 1405.63M | 1720.48M | 1910.73M | 1817.96M |
| Other stockholder equity | 1142.41M | 1162.58M | 1169.97M | 1174.20M | 1179.86M |
| Property plant equipment | 96.28M | 96.75M | - | 141.25M | 65.26M |
| Total current assets | 113.22M | 71.37M | 96.01M | 79.75M | 60.20M |
| Long term investments | 29.24M | 21.86M | 1.55M | 55.32M | 19.39M |
| Net tangible assets | - | - | - | 426.58M | 444.31M |
| Short term investments | - | - | - | 1.55M | 1.55M |
| Net receivables | 27.26M | 16.94M | 12.56M | 13.28M | 24.70M |
| Long term debt | 1544.94M | 1360.37M | 1676.20M | 1867.03M | 1814.42M |
| Inventory | - | - | 62.60M | - | - |
| Accounts payable | 6.81M | 6.96M | 8.46M | 17.31M | 12.96M |
| Noncontrolling interest in consolidated entity | - | - | - | 5.85M | - |
| Accumulated other comprehensive income | -1.60M | -3.20M | -4.80M | -6.39M | -8.13M |
| Common stock total equity | - | - | - | 0.01M | 0.01M |
| Preferred stock total equity | - | - | - | 0.01M | 0.01M |
| Retained earnings total equity | - | - | - | -732.36M | -723.56M |
| Non currrent assets other | 97.39M | -48.99M | -29.59M | -1.87M | -11.78M |
| Non current assets total | 2049.15M | 26.90M | 29.59M | 29.16M | 11.78M |
| Capital lease obligations | 45.94M | 45.26M | 44.28M | 43.70M | 3.54M |
| Long term debt total | 839.99M | 1229.48M | - | 1867.03M | 1814.42M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -9.11M | 299.07M | 174.91M | -250.54M | -398.36M |
| Change to liabilities | - | - | - | 3.73M | 4.18M |
| Total cashflows from investing activities | -224.23M | 299.07M | 161.31M | -232.55M | -390.50M |
| Net borrowings | 182.92M | -322.62M | -194.16M | 2.05M | -9.91M |
| Total cash from financing activities | 248.48M | -352.74M | -219.85M | 20.74M | 566.10M |
| Change to operating activities | - | - | - | 2.74M | 3.69M |
| Net income | 21.32M | 28.70M | 21.85M | 10.43M | 33.92M |
| Change in cash | 28.36M | -34.28M | -12.93M | -179.12M | 216.19M |
| Begin period cash flow | 57.60M | 91.89M | 104.81M | 283.93M | 67.74M |
| End period cash flow | 85.96M | 57.60M | 91.89M | 104.81M | 283.93M |
| Total cash from operating activities | 4.10M | 19.39M | 45.61M | 32.70M | 40.59M |
| Issuance of capital stock | - | - | 0.00M | - | 110.61M |
| Depreciation | 10.25M | 9.69M | 5.19M | 7.49M | 13.99M |
| Other cashflows from investing activities | -334.17M | 299.95M | 161.31M | 18.73M | 7.92M |
| Dividends paid | 21.23M | 20.04M | 19.42M | 19.42M | 14.35M |
| Change to inventory | - | - | 4.76M | - | - |
| Change to account receivables | -12.96M | -2.95M | 1.07M | -5.15M | 1.31M |
| Sale purchase of stock | -22.32M | -7.88M | -7.41M | -9.23M | -18.40M |
| Other cashflows from financing activities | 113.12M | -2.19M | 1.14M | 530.71M | -20.82M |
| Change to netincome | - | - | - | 10.43M | -21.26M |
| Capital expenditures | 0.17M | 0.01M | 38.19M | 0.74M | 0.06M |
| Change receivables | - | - | - | -6.14M | 1.35M |
| Cash flows other operating | - | - | - | 6.76M | 8.41M |
| Cash and cash equivalents changes | - | - | - | -179.12M | 216.19M |
| Change in working capital | -18.58M | -11.30M | 5.83M | 0.33M | 9.06M |
| Stock based compensation | 2.15M | 2.96M | 2.58M | 3.56M | 1.72M |
| Other non cash items | -11.04M | -10.65M | 10.16M | 10.88M | -18.10M |
| Free cash flow | 3.94M | 19.38M | 45.61M | 31.96M | 40.53M |
Sector: Real Estate Industry: REIT - Mortgage
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| ACR Acres Commercial Realty Corp |
-1.06 8.09% |
12.05 | 669.33 | 10.64 | 1.67 | 0.35 | 18.95 |
| NLY Annaly Capital Management, Inc. |
-0.10 0.50% |
18.75 | 5.27 | 6.78 | 4.96 | 1.09 | 17.69 |
| NLY-PG Annaly Capital Management Inc |
- -% |
24.99 | 14.19 | - | 5.46 | - | - |
| NLY-PF Annaly Capital Management Inc |
- -% |
25.46 | 14.25 | - | 5.42 | - | - |
| AGNC AGNC Investment Corp. |
-0.02 0.24% |
8.80 | 8.39 | 6.99 | 6.97 | 1.16 | 0.03 |
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.
| Name | Title | Year Born |
|---|---|---|
| Mr. Mark Steven Fogel | Pres, CEO & Director | 1969 |
| Mr. David J. Bryant | Sr. VP, CFO & Treasurer | 1958 |
| Mr. Eldron C. Blackwell | VP & Chief Accounting Officer | 1979 |
| Ms. Jaclyn Alyce Jesberger | Chief Legal Officer, Sr. VP & Sec. | 1978 |
| Mr. Richard Anthony Persaud | VP of Fin. & Operations | 1987 |
| Mr. Steven Landgraber | Sr. VP of Corp. Fin. & Investor Relations Officer | NA |
| Mr. Alan Frank Feldman | Sr. VP of Real Estate Investments | 1964 |
| Mr. Jeffrey Dean Blomstrom | Sr. VP | 1969 |
| Mr. Kyle Geoghegan | Sr. VP of Loan Originations | 1969 |
| Mr. Darryl Myrose | Sr. VP of Loan Originations | 1974 |
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