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Against the backdrop of a commercial real estate debt market still navigating the post-rate-hike refinancing cycle, ACRES Commercial Realty Corp.
(ACR) has rolled its master repurchase facility with JPMorgan Chase Bank through July 2028.
5 to the agreement, executed July 21, 2026, carries a $625,000 extension fee and sets a final outside maturity of July 21, 2030, subject to two optional 364-day extension periods that remain at the lender's sole discretion.
Facility terms after the amendment The repurchase agreement, originally struck with JPMorgan Chase Bank on October 26, 2018, has now been renegotiated five times over eight years.
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