{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-038041","form_type":"8-K","ticker":"ACR","cik":"0001332551","company_name":"ACRES Commercial Realty Corp.","filed_at":"2022-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.245712+00:00","generated_at":"2026-06-21T15:42:40.954300+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"ACRES Commercial Realty amends credit facility covenants with JPMorgan and Morgan Stanley","bullets":["JPM Amendment (Nov 17): Through Sep 2023, liquidity floor raised to $15M or 7.5% of repurchase price; max leverage 5.5:1; min EBITDA/interest 1.25:1.","Morgan Stanley Amendment (Nov 18): Through Mar 2024, same liquidity floor of $15M or 7.5%; max leverage 5.5:1; min EBITDA/interest 1.25:1.","Both amendments modify EBITDA calculation by excluding certain non-cash items and REO construction loan interest.","The company represents no defaults exist and reaffirms compliance with all covenants post-amendment."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-038041","json":"https://secwatch.observer/filing/0001564590-22-038041.json","markdown":"https://secwatch.observer/filing/0001564590-22-038041.md","text":"https://secwatch.observer/filing/0001564590-22-038041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1332551/000156459022038041/0001564590-22-038041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1332551/000156459022038041/acr-8k_20221117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:42:40.954300+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}