UNIONDALE, N.Y., Jan. 20, 2026 — ACRES Commercial Realty Corp. (NYSE: ACR) (the “Company”) has announced the pricing of a $1.0 billion collateralized loan obligation (CLO) backed by commercial real estate mortgage loans. The transaction will be issued through its newly established subsidiary, ACRES Commercial Realty 2026-FL4 Issuer, LLC (the “Issuer”), which will issue $879.5 million in non-recourse, floating-rate notes (the “Offered Notes,” “Securities,” or “Offering”). The weighted-average cost for the notes is set at the one-month Term Secured Overnight Financing Rate (“SOFR”) plus 168 basis points.

Mark Fogel, the Company’s President and CEO, commented, “We are delighted to announce the successful execution of our latest managed CLO. This transaction equips the Company with the capacity to finance approximately $1 billion in commercial real estate first mortgage loans at a weighted-average rate of SOFR plus 168 basis points. Incorporated into the deal are ramp-up and reinvestment provisions that offer operational flexibility, enabling the Company to fund a segment of its upcoming loan pipeline. We extend our gratitude to all syndicate members for their exceptional efforts in achieving this outcome for the Company.”

The breakdown of the Offered Notes is as follows:

• $589.7 million of Class A Notes, rated Aaa(sf) by Moody’s Investors Service, Inc. and AAAsf by Fitch Ratings, Inc. (“Fitch”), issued with a coupon of SOFR+145 basis points;
• $104.2 million of Class A-S Notes, rated AAAsf by Fitch, issued with a coupon of SOFR+170 basis points;
• $72.4 million of Class B Notes, rated AA-sf by Fitch, issued with a coupon of SOFR+195 basis points;
• $58.5 million of Class C Notes, rated A-sf by Fitch, issued with a coupon of SOFR+225 basis points;
• $36.9 million of Class D Notes, rated BBBsf by Fitch, issued with a coupon of SOFR+285 basis points; and
• $17.8 million of Class E Notes, rated BBB-sf by Fitch, issued with a coupon of SOFR+360 basis points.

Closing of the transaction is anticipated by February 12, 2026, pending the fulfillment of standard closing conditions. As of the cut-off date, the Offered Notes are secured by floating-rate commercial real estate first mortgage loans and participations in such loans originated by the Company, representing a total outstanding principal balance of roughly $1.0 billion. This amount incorporates four delayed close loans and ramp cash amounting to approximately $200.0 million. The deal includes a 180-day ramp-up period for the Issuer to utilize unused proceeds to acquire eligible mortgage assets. A 30-month reinvestment period is also part of the structure, permitting the reinvestment of principal proceeds into additional qualifying mortgage loans and participations. The Company will hold the Class F and Class G subordinated notes along with the income shares from the transaction.

The Securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and cannot be offered or sold publicly in the United States without registration or an applicable exemption. The Offering was conducted privately under transactions exempt from the Securities Act’s registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company or the Issuer. It includes statements that may be considered forward-looking under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to various known and unknown risks, uncertainties, and other factors that are challenging to predict, many of which are outside the control of management.

Potential factors that could influence future outcomes are detailed in the periodic reports filed by the Company with the Securities and Exchange Commission.

About ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. is a real estate investment trust (REIT) primarily engaged in originating, holding, and managing commercial real estate mortgage loans. The Company may also maintain equity investments in commercial real estate properties via direct ownership and joint ventures. External management is provided by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender focused exclusively on nationwide middle-market CRE lending. Its lending focus includes multifamily, student housing, hospitality, industrial, and office properties in leading U.S. markets. For further information, visit the Company’s website or contact investor relations.

Forward-Looking Statements

This press release includes forward-looking statements as defined by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements can often be identified by the use of terms like “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “look forward,” or similar expressions. Since these statements involve risks, uncertainties, and contingencies, actual results may differ significantly from those expressed or implied. Factors that could impact future performance are discussed in the Company’s filings with the Securities and Exchange Commission. The Company disclaims any obligation to update or revise forward-looking statements to reflect new information, future events, or unanticipated occurrences, unless required by law.

SOURCE ACRES Commercial Realty Corp.