ACR guarantees $62M construction loan and $11M bridge loan for Chicago JV project

ACRES Commercial Realty Corp.

On Sep 12, 2025, ACR entered guaranties for a $62M construction loan and an $11M bridge loan to a JV (90% owned by ACR).
Guarantors include ACR and individuals Adam Friedberg, Anthony Hrusovsky, and Peter Koch.
Guaranties cover completion, retail space, recourse, interest/carry costs, and environmental indemnity.
A separate $10.9M bridge loan from Hoyne Savings Bank is backed by ACR's Repayment and Completion Guaranty.
The loans finance the 65 E. Wacker Holdings II, LLC project in Chicago.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.