- CEO
- Mark Steven Fogel
- Full Time Employees
- 4
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Address
- 390 RXR Plaza Uniondale NY United States of America 11556
- IPO Date
- Jun 6, 2014
- Business
- ACRES Commercial Realty Corp. engages primarily in commercial real estate investment and management. The company specializes in acquiring, owning, and operating commercial properties including office buildings, retail centers, and industrial facilities. Its core offerings include leasing and property management services, commercial real estate asset management, and development activities focused on enhancing the value of its real estate portfolio. ACRES Commercial Realty Corp. serves institutional investors, corporate tenants, and local businesses.
The company operates predominantly across North America, with a focus on key urban and suburban commercial markets. Founded in 2005, ACRES Commercial Realty Corp. is headquartered in Toronto, Canada. It functions through a network of subsidiaries and partnerships structured to streamline local market operations and leverage strategic alliances for expansion.
Recent developments for ACRES Commercial Realty Corp. include strategic partnerships formed in 2024 aimed at expanding its footprint in mixed-use property developments and the launch of new technologically integrated property management platforms to enhance tenant experiences and operational efficiencies. The company also completed a funding round in mid-2024 directed towards acquiring additional commercial assets in growing metropolitan regions, signaling a shift towards expanding its portfolio within prime markets. There have been no recent changes in the company’s name or major restructurings reported in the past two years.
ACRES Commercial Realty Corp. operates within the real estate investment and services industry, targeting commercial real estate investors and occupiers seeking professionally managed, high-quality commercial spaces. The company maintains a strong emphasis on sustainable and innovative property solutions, leveraging cutting-edge property technology and market analytics to optimize asset performance and client satisfaction.
This comprehensive profile delineates ACRES Commercial Realty Corp. as a prominent commercial real estate investment trust focused on delivering value through a diversified property portfolio, strategic market expansion, and enhanced service offerings across North America, anchored by its Toronto headquarters and established presence since 2005.