ACRES Commercial Realty Corp. Files Q1 2025 10-Q
Ticker: ACR-PD · Form: 10-Q · Filed: May 8, 2025 · CIK: 1332551
| Field | Detail |
|---|---|
| Company | Acres Commercial Realty Corp. (ACR-PD) |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, REIT, real estate, financials
TL;DR
ACRES Commercial Realty Corp. 10-Q filed. Q1 2025 update. REIT focused on CRE loans.
AI Summary
ACRES Commercial Realty Corp. filed its 10-Q for the period ending March 31, 2025. The company, formerly known as Exantas Capital Corp., is a real estate investment trust incorporated in Maryland. Its business address is 390 RXR Plaza, Uniondale, NY. The filing includes references to commercial real estate loans and lease liabilities.
Why It Matters
This filing provides investors with an update on ACRES Commercial Realty Corp.'s financial performance and operational status for the first quarter of 2025.
Risk Assessment
Risk Level: low — This is a standard quarterly filing providing financial information, not indicating immediate significant risk.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter for this report.)
- 20250508 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- ACRES Commercial Realty Corp. (company) — Filer
- Exantas Capital Corp. (company) — Former company name
- Resource Capital Corp. (company) — Former company name
- 390 RXR Plaza, Uniondale, NY (location) — Business and mailing address
- February 2029 (date) — Maturity date reference
FAQ
What is the primary business of ACRES Commercial Realty Corp.?
ACRES Commercial Realty Corp. is a real estate investment trust (REIT) with a focus on commercial real estate loans, as indicated by the SIC code and references to 'CommercialRealEstateLoansMember'.
When was ACRES Commercial Realty Corp. formerly known as?
The company was formerly known as Exantas Capital Corp. (since May 25, 2018) and before that, Resource Capital Corp. (since July 8, 2005).
What is the business address of the company?
The business address is 390 RXR Plaza, Uniondale, NY 11556.
What specific financial elements are referenced in the filing?
The filing references 'OneMonthTermSofrMember', 'CommercialRealEstateLoansMember', and 'LeaseLiabilities'.
What is the fiscal year end for ACRES Commercial Realty Corp.?
The fiscal year end for ACRES Commercial Realty Corp. is December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding ACRES Commercial Realty Corp. (ACR-PD).