BlackRock, Inc. (ACR) discloses 5.2% beneficial stake in ACRES Commercial Realty
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of ACRES COMMERCIAL REALTY CORP. BlackRock reports beneficial ownership of 370,168 shares, representing 5.2% of the outstanding common stock.
BlackRock has sole voting power over 364,854 shares and sole dispositive power over 370,168 shares, with no shared voting or dispositive power. The filing notes that various underlying clients may receive dividends or sale proceeds, but no single underlying person has more than five percent of ACRES COMMERCIAL REALTY CORP’s common shares.
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Key Figures
Beneficial ownership: 370,168 shares
Percent of class: 5.2%
Sole voting power: 364,854 shares
+3 more
6 metrics
Beneficial ownership
370,168 shares
Common stock of ACRES COMMERCIAL REALTY CORP reported by BlackRock, Inc.
Percent of class
5.2%
Portion of ACRES COMMERCIAL REALTY CORP common stock class beneficially owned by BlackRock, Inc.
Sole voting power
364,854 shares
Shares of ACRES COMMERCIAL REALTY CORP over which BlackRock has sole power to vote
Shared voting power
0 shares
Shares of ACRES COMMERCIAL REALTY CORP over which BlackRock has shared voting power
Sole dispositive power
370,168 shares
Shares of ACRES COMMERCIAL REALTY CORP over which BlackRock has sole power to dispose
Shared dispositive power
0 shares
Shares of ACRES COMMERCIAL REALTY CORP over which BlackRock has shared dispositive power
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, parent holding company, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 364,854.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 370,168.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake in ACRES COMMERCIAL REALTY CORP (ACR) does BlackRock report?
BlackRock reports beneficial ownership of 370,168 shares of ACRES COMMERCIAL REALTY CORP common stock, representing 5.2% of the outstanding class, according to the amended Schedule 13G filing.
How much voting power does BlackRock have in ACRES COMMERCIAL REALTY CORP (ACR)?
BlackRock has sole voting power over 364,854 shares of ACRES COMMERCIAL REALTY CORP common stock and no shared voting power, as disclosed in the ownership section.
What type of securities does BlackRock hold in ACRES COMMERCIAL REALTY CORP (ACR)?
BlackRock’s position is in common stock of ACRES COMMERCIAL REALTY CORP, identified by CUSIP 00489Q102, as specified under the title of class of securities in the Schedule 13G/A.
Where is BlackRock, Inc.’s principal business office for this ACR holding?
BlackRock’s principal business office for this holding is listed as 50 Hudson Yards, New York, NY 10001, according to the filer information section of the Schedule 13G/A.