# ACRES Commercial Realty Corp. (ACR-PD) — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_809ea457b0ebdbae1b0d · retrieved 2026-08-12T06:56:07.150Z

## Overview
ACRES Commercial Realty Corp. is a Maryland-incorporated real estate investment trust that manages commercial real estate assets, fund interests, and provides asset management services through its subsidiaries.

On August 6, 2026, ACRES Commercial Realty Corp.'s subsidiaries (ACRES Holdings, ACRES Capital, and ACRES Insurance Agency) entered into a First Amendment and Joinder to an existing Loan and Servicing Agreement with Massachusetts Mutual Life Insurance Company and other lenders. The amendment increased the facility to an aggregate principal amount of $185,000,000, composed of $130,000,000 funded on July 23, 2025, and $55,000,000 funded on August 6, 2026. The facility matures on July 25, 2033, with scheduled principal payments of $46,250,000 due on July 23, 2030, July 23, 2031, July 23, 2032, and at maturity. Advances bear interest at a fixed rate of 8.749% per annum.

## Terms
- Counterparty: Massachusetts Mutual Life Insurance Company and other lenders · Deal value: $185.0M · Consideration: cash

## Key dates
- Expiry 2033-07-25 · Completed 2026-08-06

## Timeline
- 2026-08-06 · 8-K (0001193125-26-338197): 8-K - ACRES Commercial Realty Corp. — *ACRES Commercial Realty Corp. is a Maryland-incorporated real estate investment trust that manages commercial real estate assets, fund interests, and provides asset management services through its subsidiaries.* On August 6, 2026, ACRES Commercial Realty Corp.'s subsidiaries (ACRES Holdings, ACRES Capital, and ACRES Insurance Agency) entered into a First Amendment and Joinder to an existing Loan and Servicing Agreement with Massachusetts Mutual Life Insurance Company and other lenders. The amendment increased the facility to an aggregate principal amount of $185,000,000, composed of $130,000,000 funded on July 23, 2025, and $55,000,000 funded on August 6, 2026. The facility matures on July 25, 2033, with scheduled principal payments of $46,250,000 due on July 23, 2030, July 23, 2031, July 23, 2032, and at maturity. Advances bear interest at a fixed rate of 8.749% per annum.
  https://www.sec.gov/Archives/edgar/data/1332551/0001193125-26-338197.txt

## Citations
- 0001193125-26-338197 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526338197