ACRES Commercial Realty Pref Series D (ACR_pd)

ACRES Commercial Realty Pref Series D (ACR.PRD) is a preferred stock issue associated with ACRES Commercial Realty Corp., a mortgage REIT listed on the NYSE. The issuer focuses on originating, holding, and managing commercial real estate mortgage loans and related equity investments in the United States, including floating-rate first mortgage loans, first-priority interests in first mortgage loans, subordinated mortgage interests, mezzanine financing, preferred equity investments, and CRE whole loans. As a real estate investment trust, ACRES Commercial Realty Corp. generally seeks to maintain REIT status for federal tax purposes and may avoid federal corporate income tax if it distributes at least 90% of taxable income to stockholders. The company was incorporated in 2005, changed its name from Exantas Capital Corp. in February 2021, and is based in Uniondale, New York.

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