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    ACRES Commercial Realty Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

    4/30/25 4:17:55 PM ET
    $ACR
    Real Estate Investment Trusts
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    Get the next $ACR alert in real time by email
    8-K
    0001332551false0001332551us-gaap:SeriesCPreferredStockMember2025-04-302025-04-300001332551us-gaap:SeriesDPreferredStockMember2025-04-302025-04-3000013325512025-04-302025-04-300001332551us-gaap:CommonStockMember2025-04-302025-04-30

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): April 30, 2025

     

     

    ACRES Commercial Realty Corp.

    (Exact name of Registrant as Specified in Its Charter)

     

     

    Maryland

    1-32733

    20-2287134

    (State or Other Jurisdiction
    of Incorporation)

    (Commission File Number)

    (IRS Employer
    Identification No.)

     

     

     

     

     

    390 RXR Plaza

     

    Uniondale, New York

     

    11556

    (Address of Principal Executive Offices)

     

    (Zip Code)

     

    Registrant’s Telephone Number, Including Area Code: 516 535-0015

     

    N/A

    (Former Name or Former Address, if Changed Since Last Report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:


    Title of each class

     

    Trading
    Symbol(s)

     


    Name of each exchange on which registered

    Common Stock, $0.001 par value per share

     

    ACR

     

    New York Stock Exchange

    8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock

     

    ACRPrC

     

    New York Stock Exchange

    7.875% Series D Cumulative Redeemable Preferred Stock

     

    ACRPrD

     

    New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     


    Item 2.02 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.

     

    Item 7.01 Regulation FD Disclosure.

    The information provided in Item 2.02 above is incorporated by reference into this Item 7.01.

    The information set forth in Items 2.02 and 7.01 in this Current Report, and all of the exhibits hereto, is to be considered “furnished” pursuant to Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information set forth in Items 2.02 and 7.01 in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

     

    Item 9.01 Financial Statements and Exhibits.

    (d) Exhibits.

    Exhibit No.

     

    Description

    99.1

     

    Press Release

    99.2

     

    Earnings Presentation

    104

     

    Cover Page Interactive Data File (embedded within the Inline XBRL document).

     


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

     

    ACRES COMMERCIAL REALTY CORP.

     

     

     

     

    Date:

    April 30, 2025

    By:

    /s/ Eldron C. Blackwell

     

     

     

    Eldron C. Blackwell
    Chief Financial Officer

     


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