ACRES Commercial RealtyACR
Market Cap: 111M
About: ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on originating, holding and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate properties through direct ownership and joint ventures. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.
Employees: 4
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
47,600% more call options, than puts
Call options by funds: $477K | Put options by funds: $1K
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
76% more capital invested
Capital invested by funds: $11.7M [Q4 2023] → $20.5M (+$8.88M) [Q1 2024]
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
33% more funds holding
Funds holding: 27 [Q4 2023] → 36 (+9) [Q1 2024]
4.53% more ownership
Funds ownership: 14.32% [Q4 2023] → 18.85% (+4.53%) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
JMP Securities Steven Delaney | 11%upside $15.5 | Market Outperform Maintained | 30 Apr 2024 |