Acres Commercial Realty Corp
ACRES Commercial Realty Corp. is a real estate investment trust. The Company is primarily focused on originating, holding and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender dedicated to nationwide middle market CRE lending with a focus on multifamily, student housing, hospitality, industrial and office property in the United States markets. Its objective is to provide its stockholders with total returns over time, including the payment of quarterly distributions when approved by its board of directors and capital appreciation, while seeking to manage the risks associated with its investment strategies. It invests in CRE whole loans, CRE mezzanine loans and CRE equity investments.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Acres Commercial Realty's stock with a target price of $18.25, indicating growth potential.
Financial Health
Acres Commercial Realty Corp is showing strong revenue and cash flow, indicating solid financial performance.
Dividend
Acres Commercial Realty Corp's projected dividend of $0.98 suggests a stable dividend yield. If you invested $1000 you would be paid $38.50 a year in dividends (based on the last 12 months).
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