ACRES Commercial Realty Corp. Files 8-K for Material Agreement

TL;DR

ACRES filed an 8-K for a new material agreement on 9/12/25.

AI Summary

ACRES Commercial Realty Corp. filed an 8-K on September 18, 2025, reporting a material definitive agreement entered into on September 12, 2025. The filing also includes financial statements and exhibits related to this agreement. The company, formerly known as Exantas Capital Corp. and Resource Capital Corp., is a real estate investment trust incorporated in Maryland.

Why It Matters

This filing indicates a significant new contract or partnership for ACRES Commercial Realty Corp., which could impact its future financial performance and strategic direction.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial health and stock performance.

Key Players & Entities

• ACRES Commercial Realty Corp. (company) — Registrant
• September 12, 2025 (date) — Date of earliest event reported
• September 18, 2025 (date) — Date of report
• Exantas Capital Corp. (company) — Former company name
• Resource Capital Corp. (company) — Former company name

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value per share ACR New York St
• $62 million — ") entered into guaranties related to a $62 million construction loan and an $11 million br
• $11 million — a $62 million construction loan and an $11 million bridge loan made to a borrower that is
• $10.9 million — demnification. In connection with the $10.9 million bridge loan from Hoyne Savings Bank ("B

Filing Documents

• acr-20250912.htm (8-K) — 62KB
• acr-ex10_1.htm (EX-10.1) — 220KB
• acr-ex10_2.htm (EX-10.2) — 186KB
• acr-ex10_3.htm (EX-10.3) — 189KB
• acr-ex10_4.htm (EX-10.4) — 204KB
• acr-ex10_5.htm (EX-10.5) — 172KB
• acr-ex10_6.htm (EX-10.6) — 67KB
• 0001193125-25-207376.txt ( ) — 1437KB
• acr-20250912.xsd (EX-101.SCH) — 48KB
• acr-20250912_htm.xml (XML) — 7KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On September 12, 2025, ACRES Commercial Realty Corp. (the "Company") entered into guaranties related to a $62 million construction loan and an $11 million bridge loan made to a borrower that is held by a joint venture in which the Company has a 90% membership interest. Pursuant to the Guaranty of Completion, executed September 12, 2025, by Adam Friedberg, Anthony Hrusovsky, Peter Koch and the Company (collectively, the "Guarantors") for the benefit of DL RCF I Loan Holdings, LLC and DL RCF I Loan Holdings (Evergreen), LLC (collectively, the "Lender") , the Guarantors guarantee to the Lender, the Borrower's obligation to commence, construct, develop and complete the construction project in a good and workmanlike manner in accordance with the terms and conditions of the Loan Agreement, dated September 12, 2005 by and among the Borrower, DL RCF I Loan Holdings, LLC (the "Agent") and the Lender (the "Loan Agreement") and to perform all other work contemplated or required to be completed pursuant to the loan documentation through final completion. On September 12, 2025, the Guarantors also entered into a Guaranty of Retail Space to guarantee the payment and performance of all of the obligations for the payment of debt and the performance of the obligations under the Loan Agreement and a Guaranty of Recourse Obligations to guarantee the payment and performance of the certain liabilities ("bad boy") and payment obligations set forth in the Loan Agreement and agree to be liable for the guaranteed obligations as a primary obligor. Also on September 12, 2025, the Guarantors entered into the Guaranty of Interest and Carry Costs to guarantee the payment and performance of the Borrower's obligation to timely pay all Carry Costs and Debt Service and its obligation to make deposits into the Carry Cost Account (each as defined in the agreement) in accordance with the Loan Agreement, and all interest due to the Bridge Lender

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Guaranty of Completion, executed September 12, 2025 by Adam Friedberg, Anthony Hrusovsky, Peter Koch and ACRES Commercial Realty Corp. for the benefit of DL RCF I Loan Holdings, LLC 10.2 Guaranty of Retail Space, executed September 12, 2025 by Adam Friedberg, Anthony Hrusovsky, Peter Koch and ACRES Commercial Realty Corp. for the benefit of DL RCF I Loan Holdings, LLC 10.3 Guaranty of Recourse Obligations, executed September 12, 2025 by Adam Friedberg, Anthony Hrusovsky, Peter Koch and ACRES Commercial Realty Corp. for the benefit of DL RCF I Loan Holdings, LLC 10.4 Guaranty of Interest and Carry Costs, executed September 12, 2025 by Adam Friedberg, Anthony Hrusovsky, Peter Koch and ACRES Commercial Realty Corp. for the benefit of DL RCF I Loan Holdings, LLC 10.5 Environmental Indemnity Agreement, dated September 12, 2025 by 65 E. Wacker Holdings II, LLC, Adam Friedberg, Anthony Hrusovsky, Peter Koch and ACRES Commercial Realty Corp. in favor of DL RCF I Loan Holdings, LLC 10.6 Repayment and Completion Guaranty, dated September 12, 2025 by ACRES Commercial Realty Corp. in favor of Hoyne Savings Bank

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACRES COMMERCIAL REALTY CORP. Date: September 18, 2025 By: /s/ Eldron Blackwell Eldron Blackwell Senior Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR