Form 4: Eagle Point Credit Management LLC Reports Transaction in ACRES Commercial Realty Corp.

Eagle Point Credit Management LLC reports the acquisition of 1,172 shares of 7.875% Series D Preferred Stock in ACRES Commercial Realty Corp.

Summary

• On March 28, 2025, Eagle Point Credit Management LLC acquired 1,172 shares of ACRES Commercial Realty Corp.'s 7.875% Series D Preferred Stock at a price of $22.48 per share.
• Following this transaction, the total amount of 7.875% Series D Preferred Stock beneficially owned indirectly is 859,525 shares.
• The report also indicates indirect beneficial ownership of 1,177,060 shares of Common Stock and 393,646 shares of 8.625% Series C Preferred Stock.
• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC disclaim beneficial ownership of the reported securities, stating that the inclusion of these securities in the report should not be deemed an admission of beneficial ownership.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about changes in beneficial ownership.

Management Comments

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC disclaim beneficial ownership of the securities described in this report.

Industry Context

This filing reflects ongoing investment activity in the commercial real estate sector, with a focus on preferred stock and common stock of ACRES Commercial Realty Corp.

Stakeholder Impact

• The transaction may be of interest to shareholders of ACRES Commercial Realty Corp. as it provides insight into the investment activities of a significant holder.

Key Dates

Keywords

ACRES Commercial Realty Corp, Eagle Point Credit Management LLC, beneficial ownership, Form 4, preferred stock, common stock, securities transaction