ACRES launches $50M common ATM and preferred ATM, terminates 2021 program
ACRES Commercial Realty launched a $50 million common stock at-the-market program with Raymond James & Associates and a preferred stock ATM with Seaport Global Securities for up to 5,172,143 shares. It also terminated its 2021 program.
ACRES Commercial Realty launched two equity distribution programs, adding a $50 million common stock at-the-market (ATM) with Raymond James & Associates and a preferred stock ATM with Seaport Global Securities for up to 5,172,143 shares across its Series C and Series D preferred.
The company also t…