---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-207376"
form_type: "8-K"
ticker: "ACR"
cik: "0001332551"
company_name: "ACRES Commercial Realty Corp."
filed_at: "2025-09-18T23:59:59+00:00"
generated_at: "2026-05-17T06:13:21.618375+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-207376
- form_type: 8-K
- ticker: ACR
- cik: 0001332551
- company_name: ACRES Commercial Realty Corp.
- filed_at: 2025-09-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332551/000119312525207376/0001193125-25-207376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332551/000119312525207376/acr-20250912.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-207376
- JSON: https://secwatch.observer/filing/0001193125-25-207376.json
- Plain text: https://secwatch.observer/filing/0001193125-25-207376.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.