ACRES Commercial Realty Corp. Announces Redemption of CRE Securitizations and Closing of a $940 Million Managed Facility Backed by Commercial Mortgage Loans
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ACRES Commercial Realty Corp. (NYSE: ACR) has redeemed its 2021-FL1 and 2021-FL2 CRE securitizations and closed a $940 million managed facility backed by commercial mortgage loans, reducing its JP Morgan warehouse facility balance to zero.
March 17, 2025 | 8:30 pm
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ACRES Commercial Realty has redeemed its 2021-FL1 and 2021-FL2 securitizations and closed a $940 million facility backed by commercial mortgage loans, eliminating its JP Morgan warehouse facility balance.
The redemption of securitizations and closing of a large facility indicates strong financial management and liquidity, likely boosting investor confidence and positively impacting ACR's stock price.
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