ACRES Capital
Richard Persaud, CPA, CIA, currently serves as the Chief Financial Officer at ACRES Capital, a position held since 2020, where responsibilities include leading the financial team in accounting, financial management, reporting, servicing, tax, and treasury functions. Prior to this role, Richard was a Senior Manager at Ernst & Young LLP from 2008 to 2020, managing audits for various real estate clients such as publicly traded real estate investment trusts and private equity funds. Richard's professional background includes a brief tenure as a Pre-Professional Accountant at IBM in 2007. Educational credentials include a Bachelor of Business Administration in Accountancy from Baruch College and a High School Diploma from the Bronx High School of Science.
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ACRES Capital
ACRES actively pursues financing opportunities for commercial real estate assets from $15 million to $100 million. Asset types include multifamily, self-storage, student housing, industrial, office, hospitality and retail. ACRES provides end-to-end solutions during all phases of an asset's life cycle including predevelopment, construction, renovation, adaptive reuse, lease-up and stabilization loans.