ACRES Commercial Realty Extends JPM Repurchase Agreement Maturity to 2028

ACRES Commercial Realty Corp. (ACR), through its indirect wholly-owned subsidiary RCC Real Estate SPE 8, LLC, entered into Amendment No. 5 to its Master Repurchase Agreement with JPMorgan Chase Bank, National Association. This amendment extends the maturity date of the agreement from July 21, 2026, to July 21, 2028, with provisions for further extensions up to a final maturity date of July 21, 2030. An extension fee of $625,000 was paid for this modification.