ACRES Commercial Realty Corp. Reauthorizes Additional $5 Million Share Repurchase Program

ACRES Commercial Realty Corp. announced on September 29, 2026, that its board of directors has authorized the continued use of its existing share repurchase program, adding an additional $5 million. The company intends to repurchase shares through open market transactions, privately negotiated deals, or other legally permissible methods.

The timing and amount of any repurchases are not predetermined. Management will make these decisions based on market conditions and other factors. The company cannot predict when or if it will repurchase any shares.

ACRES Commercial Realty Corp. is a publicly traded commercial mortgage REIT focused on originating, holding, and managing commercial real estate mortgage loans and equity investments. The company targets nationwide middle-market lending, concentrating on multifamily, student housing, hospitality, industrial, and office properties in major U.S. markets.

The company does not undertake an obligation to update forward-looking statements except as required by law. Factors that could affect future results are discussed in filings with the Securities and Exchange Commission.