Acres Commercial Realty extends JPMorgan repurchase agreement maturity to July 21, 2028 for $625,000 fee
ACR•Extension fee required
Amendment effectiveness requires payment of a $625,000 extension fee to JPMorgan.
Repurchase agreement maturity extended
Acres Commercial Realty, as guarantor, backed Amendment No. 5 to a master repurchase agreement between RCC Real Estate SPE 8 and JPMorgan Chase.
The maturity date was reset to July 21, 2028, with up to two 364-day extensions at JPMorgan’s discretion; final maturity is capped at July 21, 2030.
