SEC Filing Summary: Resource Capital Corp. (Form 8-K)
Business Context and Reporting Period
This Form 8-K was filed by Resource Capital Corp. on March 15, 2013, reporting events occurring on March 12, 2013. The registrant is incorporated in Maryland and maintains its principal executive offices in New York, NY. Note: The input metadata references "ACRES Commercial Realty Corp.," but the filing text explicitly identifies the registrant as "Resource Capital Corp."
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes.
Material Changes
On March 12, 2013, the Board of Directors expanded the Board to nine members. Richard L. Fore was elected to fill a vacancy on the Board. Mr. Fore currently serves as Chairman and Chief Executive Officer of Fore Property Company, a national real estate development company.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, management commentary on operations, or specific risk factors. It notes that Mr. Fore is eligible to participate in all compensation plans applicable to non-employee members of the Board.
Key Facts for Investor Verification
- Confirm the registrant name is Resource Capital Corp., not ACRES Commercial Realty Corp.
- Verify the Board composition is now nine members following the election of Richard L. Fore.
- Review Mr. Fore's background as CEO of Fore Property Company for potential conflicts of interest or strategic alignment.
- Check subsequent filings for details on Mr. Fore's specific compensation arrangements.