# Fogel Mark S — merger [announced]
Source: SEC API (secapi.ai) · situation sit_ce26e63d3542d2cd37c2 · retrieved 2026-08-12T06:56:47.299Z

## Overview
ACRES Commercial Realty Corp. is a real estate investment trust (REIT) that owns and operates commercial real estate properties.

On April 29, 2026, ACRES Commercial Realty Corp. and its subsidiary ACRES Holdings Sub LLC entered into an Agreement and Plan of Merger with ACRES Capital Corp (ACC) and ACRES Capital, LLC (the external manager of the Company). The Merger was completed on August 6, 2026, with ACC merging into Merger Sub, which became a wholly-owned subsidiary of the Company. Each outstanding share of ACC common stock was converted into 2.61882 shares of ACRES Commercial Realty Corp. common stock. As a result of his ownership of the Manager, Mark Fogel received an aggregate of 1,440,552 shares of ACRES Commercial Realty Corp. common stock in connection with the Merger, resulting in beneficial ownership of 1,447,218 shares (10.76% of outstanding shares).

## Terms
- Counterparty: ACRES Capital Corp · Consideration: stock · Stake: 10.76% · Price/share: $2.61882

## Key dates
- Announced 2026-08-07

## Timeline
- 2026-08-07 · SCHEDULE 13D (0001213900-26-086672): SCHEDULE 13D - Fogel Mark S — *ACRES Commercial Realty Corp. is a real estate investment trust (REIT) that owns and operates commercial real estate properties.* On April 29, 2026, ACRES Commercial Realty Corp. and its subsidiary ACRES Holdings Sub LLC entered into an Agreement and Plan of Merger with ACRES Capital Corp (ACC) and ACRES Capital, LLC (the external manager of the Company). The Merger was completed on August 6, 2026, with ACC merging into Merger Sub, which became a wholly-owned subsidiary of the Company. Each outstanding share of ACC common stock was converted into 2.61882 shares of ACRES Commercial Realty Corp. common stock. As a result of his ownership of the Manager, Mark Fogel received an aggregate of 1,440,552 shares of ACRES Commercial Realty Corp. common stock in connection with the Merger, resulting in beneficial ownership of 1,447,218 shares (10.76% of outstanding shares).
  https://www.sec.gov/Archives/edgar/data/1395107/0001213900-26-086672.txt

## Citations
- 0001213900-26-086672 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026086672