ACRES CAPITAL & MENTOR NEW YORK LAUNCH STRATEGIC PARTNERSHIP TO LEVERAGE MENTORING IN THE WORKPLACE

As part of a National Initiative to Increase Equity and Access to Quality Internships And Career Development Opportunities


MAY 10, 2021 – WESTBURY, NEW YORK – Beginning in May of 2021, ACRES Capital, a nationwide commercial real estate direct lender, and MENTOR New York, a nonprofit leading the statewide Mentoring Movement, will partner to infuse mentoring into the workplace through ACRES’s annual summer internship program.


With an already successful summer internship program, ACRES is further deepening their commitment to excellence and equity by partnering with MENTOR New York to facilitate a series of trainings and check-ins for supervisors and interns that introduce strategies for intentional relationship building.


Research from MENTOR shows that young people with mentors are more likely to succeed in school, become leaders in their communities, and be equipped with the tools they need to build a career.


“When we intentionally infuse mentoring into the infrastructure of an internship, we prepare young people and their supervisors to approach their interactions from a place of genuine curiosity that allows for relationship development and results in positive outcomes for both supervisors and interns, including productivity and workforce retention,” said Brenda Jimenez, CEO of MENTOR New York. “ACRES Capital is a key example of how companies offering a rich internship program can deepen their already great work to expand opportunities for and retention of diverse talent.”


Jenna Freed, Chief Human Resources Officer of ACRES Capital stated, “I have been an advocate of Mentor NY’s corporate partnerships for the past few years, having served on past event committees and supporting their developing initiatives and expanded reach. I am excited to launch this partnership at ACRES. As our firm grows and we expand our team, we are focused on expanding Diversity, Equity, and Inclusion across all levels of the organization, elevating our team through professional development and leadership opportunities, and further deepening our corporate values both internally and with our partners. Mentor NY is uniquely positioned to support this mission and we look forward to a mutually rewarding partnership for years to come!


The training delivered by MENTOR New York follows a one-of-a-kind curriculum developed as part of the National Mentoring Project, a national initiative spearheaded by MENTOR National with the support of the Schultz Family Foundation to serve as a turn-key solution for companies to leverage mentoring as a strategy for finding and retaining diverse talent through the development of increased social capital.



About the ACRES Capital

ACRES is a nationwide direct lender and SEC-registered investment adviser that provides value add/construction, bridge and permanent debt capital solutions for the commercial real estate industry. ACRES partners on targeted opportunities in the $10 million to $75 million range, including multifamily, student housing, retail, office, hospitality, and industrial. Contact us at www.acrescap.com or at (516) 535-0015.


About MENTOR New York

For over 25 years, MENTOR New York has been the go-to resource for building sustainable and mutually-beneficial mentoring programs. MENTOR New York partners with nearly 850 mentoring programs that serve approximately 80,000 young people throughout the state. MENTOR NY is an Affiliate of MENTOR National, the national nonprofit unifying and elevating the mentoring movement. For more information about mentoring programs and initiatives, visit www.mentornewyork.org.

###