Welcome to our dedicated page for Acres Commercial Realty SEC filings (Ticker: ACR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
ACRES Commercial Realty Corp. filings document the formal disclosures of a commercial mortgage REIT focused on commercial real estate mortgage loans and selected equity investments in real estate properties. The record includes Form 8-K reports for operating and financial results, Regulation FD materials, material definitive agreements, auditor changes and capital-structure disclosures covering common stock and preferred stock classes.
Proxy filings cover board elections, executive compensation votes, auditor ratification and shareholder voting matters. Other filings describe governance practices, material agreements involving real estate-related financing and joint venture interests, and disclosure topics tied to the company’s externally managed REIT structure.
ACRES Commercial Realty Corp. is asking stockholders to vote at its virtual annual meeting on June 22, 2026 on governance, auditor ratification and a strategic internalization transaction. Key items include election of nine directors, an advisory "Say on Pay" vote, ratification of PricewaterhouseCoopers LLP as auditor and approval to issue approximately 7,487,219 shares under the April 29, 2026 Merger Agreement to effect the internalization of management (the "Internalization Merger"). The meeting record date is April 8, 2026, and holders of the ~7,131,101 outstanding common shares as of that date may vote. Additional proposals include adoption of the 2026 Omnibus Equity Incentive Plan, and an adjournment proposal to solicit further proxies if needed.
ACRES Commercial Realty Corp. is changing its independent auditor, dismissing Ernst & Young LLP and appointing PricewaterhouseCoopers LLP, effective upon filing its Form 10-Q for the quarter ended March 31, 2026. The company states there were no disagreements with EY and no reportable events for the fiscal years ended December 31, 2025 and 2024 or subsequent interim periods. EY’s audit reports for those years contained no adverse opinions or qualifications. PwC has not previously been consulted by the company on accounting matters described in Regulation S-K Item 304(a)(2).
ACRES Commercial Realty Corp. reported a small GAAP net loss allocable to common shares of $1.0 million, or $(0.16) per diluted share, for the first quarter of 2026. Earnings Available for Distribution were positive at $0.02 per diluted share, reflecting adjustments such as non-cash credit loss reversals and real estate depreciation.
The company’s commercial real estate loan portfolio reached about $2.2 billion at par value, with 81.5% in multifamily properties and 96.2% of the portfolio current on payments. During the quarter, ACRES added approximately $496 million of new loans and, together with late-2025 originations, closed a $1.0 billion CRE CLO, while total book value per share was $29.98 as of March 31, 2026.
ACRES Commercial Realty Corp. is internalizing its management by acquiring ACRES Capital Corp. in an all-stock merger. Each share of ACC common stock will be converted into the right to receive 2.61882 shares of ACR common stock. The company expects to issue approximately 7.5 million ACR shares at closing as merger consideration, with a net increase in ACR shares outstanding of about 6.3 million after eliminating shares held in consolidation.
Through the merger, ACR will acquire its external manager, terminate the existing Management Agreement for no additional consideration and become an internally managed REIT. Pro forma assets under management are expected to rise from $2.2 billion to about $4.7 billion, adding third-party fee income streams. The deal was unanimously approved by a special committee of independent directors, which received a fairness opinion from BTIG, LLC, and is subject to stockholder approval of the stock issuance, NYSE listing of the new shares and other customary closing conditions, with closing targeted for the third quarter of 2026.
ACRES Commercial Realty Corp. reported that private investment funds and accounts managed by Eagle Point Credit Management LLC executed an open-market sale of 1,095 shares of its 7.875% Series D Preferred Stock at a weighted average price of $22.12 per share.
After this transaction, the accounts associated with the reporting entities held 737,928 shares of the 7.875% Series D Preferred Stock, 349,907 shares of the 8.625% Series C Preferred Stock, and 1,177,060 shares of common stock indirectly. The reporting entities disclaim beneficial ownership of these securities under Section 16 rules.
ACRES Commercial Realty Corp — The Vanguard Group filed Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership of 0 shares (0%) of Common Stock. The filing discloses an internal realignment effective January 12, 2026 that caused certain Vanguard subsidiaries to report holdings separately.
The amendment is signed by Ashley Grim on March 26, 2026 and affirms Vanguard’s reporting posture that no single other person holds more than 5% of the class in the reported accounts.
ACRES Commercial Realty Corp. reported an open-market sale of 2,954 shares of its 7.875% Series D Preferred Stock at a weighted average price of $22.07 per share, in transactions ranging from $22.05 to $22.10. The securities are held by private investment funds and accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC serving as general partner to certain accounts. The reporting entities disclaim beneficial ownership of these securities. After the sale, the accounts indirectly held 739,023 Series D preferred shares, 1,177,060 common shares and 349,907 shares of 8.625% Series C Preferred Stock.
ACRES Commercial Realty Corp. files its annual report outlining a leveraged commercial real estate finance business operated as a REIT and externally managed by ACRES Capital. The company focuses on floating-rate CRE mortgage loans and equity investments, targeting transitional loans between $10 million and $100 million.
At December 31, 2025, it managed $2.2 billion of assets, including $1.8 billion of CRE whole loans with a weighted average coupon of 7.32% and portfolio financing of $1.34 billion across bank, insurance and warehouse facilities. The report details interest rate, credit, liquidity, securitization and economic risks, along with a management agreement that pays a 1.50% base fee on equity plus incentive compensation based on earnings available for distribution.
ACRES Commercial Realty Corp. director Steven J. Kessler reported receiving a grant of 5,555 shares of common stock. The Form 4 classifies this as a grant or award acquisition at a reported price of $0.00 per share.
According to the equity plan terms, these 5,555 shares are restricted stock granted under the company’s Third Amended & Restated Omnibus Equity Compensation Plan. The shares will vest over four years, with 25% vesting each year beginning on March 5, 2027, in connection with his service as a director and without additional consideration.
Edwards Karen K reported acquisition or exercise transactions in this Form 4 filing.
ACRES Commercial Realty Corp. director Karen K. Edwards reported receiving a grant of 5,555 shares of restricted common stock. This equity award was made at a stated price of $0.00 per share as a non-cash compensation grant.
According to the grant terms, the 5,555 restricted shares will vest over four years, with 25% vesting each year beginning on March 5, 2027. Following this award, Edwards directly holds a total of 15,079 shares of the company’s common stock. The shares are granted under the company’s Third Amended & Restated Omnibus Equity Compensation Plan as compensation for her service as a director.