Termination of a Material Definitive Agreement. On August 31, 2026, the Company delivered a notice to Jones Trading that terminated the Prior Preferred Equity Distribution Agreement effective as of the close of business on September 1, 2026. Of the 2,200,000 Shares of the Company’s Series D Preferred Stock that the Company could have sold from time to time in at the market offerings under the Prior Preferred Equity Distribution Agreement, the Company sold 7,857 shares of Series D Preferred St…

Entry into a Material Definitive Agreement. Common Stock ATM Program On September 3, 2026, ACRES Commercial Realty Corp., a Maryland corporation (the “ Company ”), entered into an Equity Distribution Agreement (the “ Common Distribution Agreement ”) between the Company and Raymond James & Associates, Inc. (the “ Common Sales Agen t”). Under the terms of the Common Distribution Agreement, the Company may offer and sell up to $50 million of its shares (the “ Common Shares ”) of its common stock…

Entry into a Material Definitive Agreement. On August 10, 2026, ACRES Commercial Realty Corp., a Maryland corporation (the “ Company ”), entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain institutional investors (each an “ Investor ” and collectively the “ Investors ”), pursuant to which the Company issued and sold, in a registered direct offering by the Company directly to the Investors (the “ Offering ”), an aggregate of 2,220,000 shares (the “ Shares ”)…

Entry into a Material Definitive Agreement. Assumption of Credit Facility On August 6, 2026, immediately prior to the Merger Effective Time (as defined below) (the " Facility Effective Time "), ACRES Holdings, LLC, ACRES Capital, LLC and ACRES Insurance Agency, LLC, each an indirectly wholly owned subsidiary of ACRES Commercial Realty Corp. (the " Company ") (collectively, the " Borrowers "), Kimbrough BADA, LLC, Appleton Hotel Holdings, LLC, Appleton Hotel Leasing, LLC, Exantas Phili Holding…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information contained in

Completion of Acquisition or Disposition of Assets. Completion of Merger and Internalization On August 6, 2026 (the " Merger Effective Time "), the Company completed its previously disclosed Merger (as defined below) and Internalization (as defined below) transactions pursuant to the terms of the Agreement and Plan of Merger, dated April 29, 2026, by and among the Company and ACRES Holdings Sub LLC (" Merger Sub "), a subsidiary of the Company, on the one hand, and ACRES Capital Corp (" ACC "…

in this Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act. Cautionary Statement regarding Forward-Looking Statements This Form 8-K contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminol…

The ACR Common Stock issued pursuant to the Merger Agreement was issued in reliance on the exemption from the registration requirements under Section 4(a)(2) of the Securities Act.

Termination of a Material Definitive Agreement. The information contained in

The filing describes compensatory arrangements and employment agreements for certain officers, not a management change.

Other Events. Expected Completion of Merger and Internalization ACRES Commercial Realty Corp. (the “ Company ”) expects to complete its previously disclosed Merger (as defined below) and Internalization (as defined below) transactions on August 6, 2026 (the “ Expected Closing Date ”). On April 29, 2026, the Company and ACRES Holdings Sub LLC (“ Merger Sub ”), a subsidiary of the Company, on the one hand, and ACRES Capital Corp (“ ACC ”) and ACRES Capital LLC, a subsidiary of ACC and the exter…

Results of Operations and Financial Condition. On July 29, 2026, ACRES Commercial Realty Corp. (the “Company”) issued a press release and detailed presentation regarding its operating results for the quarter ended June 30, 2026. A copy of this press release is furnished with this report as Exhibit 99.1 and a copy of the earnings presentation is furnished with this report as Exhibit 99.2 as well as made available on the Company’s website at www.acresreit.com.

Other Events. On July 21, 2026, RCC Real Estate SPE 8, LLC ("SPE 8"), an indirect, wholly owned subsidiary of ACRES Commercial Realty Corp. (the “Company”), entered into Amendment No. 5 to Master Repurchase Agreement (the “JPM Master Repurchase Amendment”) with JPM, which made certain amendments and modifications to the Master Repurchase Agreement dated October 26, 2018 between the Company and JPM, as amended, including but not limited to amending the maturity date from July 21, 2026 to July…

The filing is about the approval of a new equity incentive plan, not a management change.

Changes in Registrant’s Certifying Accountant (a) Dismissal of Previous Independent Registered Public Accounting Firm On April 27, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of ACRES Commercial Realty Corp. (the “Company”) determined to dismiss Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm, effective upon filing the Company’s Form 10-Q for the quarter ended March 31, 2026. The dismissal is not related to any disagreeme…

Entry into a Material Definitive Agreement. On April 29, 2026, ACRES Commercial Realty Corp. (the “ Company ”) and ACRES Holdings Sub LLC (“ Merger Sub ”), a subsidiary of the Company, on the one hand, and ACRES Capital Corp (“ ACC ”) and ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company (the “ Manager ”), on the other hand, entered into an Agreement and Plan of Merger (the “ Merger Agreement ”), pursuant to which ACC will be merged with and into Merger Sub, with…

The ACR Common Stock to be issued pursuant to the Merger Agreement will be issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Act”) in reliance on Section 4(a)(2) of the Act.

Results of Operations and Financial Condition. On April 30, 2026, ACRES Commercial Realty Corp. (the “Company”) issued a press release and detailed presentation regarding its operating results for the quarter ended March 31, 2026. A copy of this press release is furnished with this report as Exhibit 99.1 and a copy of the earnings presentation is furnished with this report as Exhibit 99.2 as well as made available on the Company’s website at www.acresreit.com.

Managing Director – Capital Markets (Andrew Fentress), Managing Director – Originations (Martin Reasoner), Chief Operating Officer (Kyle K. Brengel) — Andrew Fentress, Martin Reasoner, Kyle K. Brengel: The company appointed several key executives to new roles within the organization.

Results of Operations and Financial Condition. On March 4, 2026, ACRES Commercial Realty Corp. (the “Company”) issued a press release and detailed presentation regarding its operating results for the quarter and year ended December 31, 2025. A copy of this press release is furnished with this report as Exhibit 99.1 and a copy of the earnings presentation is furnished with this report as Exhibit 99.2 as well as made available on the Company’s website at www.acresreit.com.

Results of Operations and Financial Condition. On October 29, 2025, ACRES Commercial Realty Corp. (the “Company”) issued a press release and detailed presentation regarding its operating results for the quarter ended September 30, 2025. A copy of this press release is furnished with this report as Exhibit 99.1 and a copy of the earnings presentation is furnished with this report as Exhibit 99.2 as well as made available on the Company’s website at www.acresreit.com.

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…

Results of Operations and Financial Condition. On July 30, 2025, ACRES Commercial Realty Corp. (the “Company”) issued a press release and detailed presentation regarding its operating results for the quarter ended June 30, 2025. A copy of this press release is furnished with this report as Exhibit 99.1 and a copy of the earnings presentation is furnished with this report as Exhibit 99.2 as well as made available on the Company’s website at www.acresreit.com.

Results of Operations and Financial Condition. On April 30, 2025, ACRES Commercial Realty Corp. (the “Company”) issued a press release and detailed presentation regarding its operating results for the quarter ended March 31, 2025. A copy of this press release is furnished with this report as Exhibit 99.1 and a copy of the earnings presentation is furnished with this report as Exhibit 99.2 as well as made available on the Company’s website at www.acresreit.com.

Results of Operations and Financial Condition. On March 5, 2025, ACRES Commercial Realty Corp. (the “Company”) issued a press release and detailed presentation regarding its operating results for the quarter and year ended December 31, 2024. A copy of this press release is furnished with this report as Exhibit 99.1 and a copy of the earnings presentation is furnished with this report as Exhibit 99.2 as well as made available on the Company’s website at www.acresreit.com.