About

Steven J. Kessler has served as a director of ACRES Commercial Realty since November 2009 and served as its Chairman from November 2009 until September 2016. He is a founding co-managing member of RSR SC LLC and a member of several affiliated entities operating under the EB-5 Immigrant Investor Program. He served as the Company's Senior Vice President-Finance (2005-2009) and earlier as its Chief Financial Officer, Chief Accounting Officer and Treasurer (2005). Mr. Kessler was Executive Vice President of Resource America, Inc. from 2005 to 2016 and its Chief Financial Officer from 1997 to 2009. He previously held senior finance roles at Kravco Company and Strouse Greenberg & Co. and was a partner at Touche Ross & Co. (now Deloitte & Touche LLP). He serves on the Company's Audit, Compensation and Investment Committees.

Roles

ACRES Commercial Realty Corp.
Director · Current role
November 2009–present
ACRES Commercial Realty Corp.
Chairman
November 2009 - September 2016
RSR SC LLC and affiliated EB-5 entities
Founding co-managing member
2015 - present
Resource America, Inc.
Executive Vice President
2005 - 2016
Resource America, Inc.
Chief Financial Officer
1997 - 2009
Kravco Company
Vice President-Finance and Acquisitions
Touche Ross & Co. (now Deloitte & Touche LLP)
Partner

External Roles

GMH Communities Trust
Trustee
2004 - 2008

Director Compensation

FY 2025
Fees earned or paid in cash
$150,000
ComponentAnnual $100,000 cash retainer plus Investment Committee ($30,000), Audit Committee ($10,000), Compensation Committee ($5,000) retainers and $5,000 Compensation Committee chairman fee for FY2025
Total
$150,000

Also at ACRES Commercial Realty Corp.

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