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X0202 SCHEDULE 13D 0001510196 XXXXXXXX LIVE Common Stock 08/06/2026 false 0001332551 00489Q102 ACRES Commercial Realty Corp. 390 RXR Plaza Uniondale NY 11556 Jaclyn Jesberger (516) 535-0015 ACRES Commercial Realty Corp. 390 RXR Plaza Uniondale NY 11556 0001510196 N Andrew Fentress OO N X1 1029855.00 44799.00 1029855.00 44799.00 1074654.00 N 7.99 IN The calculation of the foregoing percentage is based on 13,452,489 shares of Common Stock outstanding, as reported in the periodic report on Form 8-K of ACRES Commercial Realty Corp. as filed with the Securities and Exchange Commission on August 6, 2026. Y ESD Capital, LLC OO N DE 988453.00 0.00 988453.00 0.00 988453.00 N 7.35 OO The calculation of the foregoing percentage is based on 13,452,489 shares of Common Stock outstanding, as reported in the periodic report on Form 8-K of ACRES Commercial Realty Corp. as filed with the Securities and Exchange Commission on August 6, 2026. Y Priority One Productions LLC OO N NY 892213.00 0.00 892213.00 0.00 892213.00 N 6.63 OO The calculation of the foregoing percentage is based on 13,452,489 shares of Common Stock outstanding, as reported in the periodic report on Form 8-K of ACRES Commercial Realty Corp. as filed with the Securities and Exchange Commission on August 6, 2026. Y Wendy Fentress OO N X1 892213.00 0.00 892213.00 0.00 892213.00 N 6.63 IN The calculation of the foregoing percentage is based on 13,452,489 shares of Common Stock outstanding, as reported in the periodic report on Form 8-K of ACRES Commercial Realty Corp. as filed with the Securities and Exchange Commission on August 6, 2026. Common Stock ACRES Commercial Realty Corp. 390 RXR Plaza Uniondale NY 11556 This Schedule 13D is being filed by (i) Andrew Fentress, (ii) ESD Capital, LLC, a Delaware limited liability company, (iii) Priority One Productions LLC, a New York limited liability company, and (iv) Wendy Fentress. Mr. Fentress is the sole member of ESD Capital, LLC. Ms. Fentress is the controlling member of Priority One Productions LLC. Although the Reporting Persons are making this joint filing, neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that a group exists within the meaning of the Exchange Act of 1934, as amended. The principal business address of each reporting person is: 390 RXR Plaza, Uniondale, NY 11556. The principal occupation of Mr. Fentress is to serve as Chairman of the Board and Managing Director - Capital Markets of the issuer. Ms. Fentress is the spouse of Mr. Fentress. The principal businesses of ESD Capital, LLC and Priority One Productions LLC are to serve as holding companies for Mr. Fentress and Ms. Fentress' investments. Not applicable Not applicable Andrew Fentress - United States of America ESD Capital, LLC - Delaware Priority One Productions LLC - New York Wendy Fentress - United States of America On April 29, 2026, ACRES Commercial Realty Corp. (the "Company") and ACRES Holdings Sub LLC ("Merger Sub"), a subsidiary of the Company, on the one hand, and ACRES Capital Corp ("ACC") and ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company (the "Manager"), on the other hand, entered into an Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which ACC will be merged with and into Merger Sub, with Merger Sub surviving as a wholly-owned subsidiary of the Company (the "Merger"). The Merger was completed pursuant to the terms of the Merger Agreement on August 6, 2026 (the "Effective Time"). At the Effective Time, each outstanding share of common stock, $0.0001 par value per share, of ACC ("ACC Common Stock") was converted into 2.61882 shares of common stock, $0.001 par value per share, of the Company (the "ACR Common Stock"). As a result of the reporting persons' ownership of the Manager and allocations of ACR Common Stock, an aggregate of 1,880,666 shares of ACR Common Stock were issued to the Reporting Persons in connection with the Merger. (a) See Item 3 for a discussion of the Merger. (b) See Item 3 for a discussion of the Merger. (c) Not applicable (d) Not applicable (e) Not applicable (f) Not applicable (g) Not applicable (h) Not applicable (i) Not applicable (j) Not applicable Andrew Fentress Amount beneficially owned: 1,074,654 Percentage: 7.99% ESD Capital, LLC Amount beneficially owned: 988,453 Percentage: 7.35% Priority One Productions LLC Amount beneficially owned: 892,213 Percentage: 6.63% Wendy Fentress Amount beneficially owned: 892,213 Percentage: 6.63% The calculation of the foregoing percentage is based on 13,452,489 shares of Common Stock outstanding, as reported in the periodic report on Form 8-K of ACRES Commercial Realty Corp. as filed with the Securities and Exchange Commission on August 6, 2026. Andrew Fentress Number of shares to which the Reporting Person has: i. Sole power to vote or to direct the vote: 1,029,855 ii. Shared power to vote or to direct the vote: 44,799 iii. Sole power to dispose or to direct the disposition of: 1,029,855 iv. Shared power to dispose or to direct the disposition of: 44,799 ESD Capital, LLC Number of shares to which the Reporting Person has: i. Sole power to vote or to direct the vote: 988,453 ii. Shared power to vote or to direct the vote: 0 iii. Sole power to dispose or to direct the disposition of: 988,453 iv. Shared power to dispose or to direct the disposition of: 0 Priority One Productions LLC Number of shares to which the Reporting Person has: i. Sole power to vote or to direct the vote: 892,213 ii. Shared power to vote or to direct the vote: 0 iii. Sole power to dispose or to direct the disposition of: 892,213 iv. Shared power to dispose or to direct the disposition of: 0 Wendy Fentress Number of shares to which the Reporting Person has: i. Sole power to vote or to direct the vote: 892,213 ii. Shared power to vote or to direct the vote: 0 iii. Sole power to dispose or to direct the disposition of: 892,213 iv. Shared power to dispose or to direct the disposition of: 0 Not applicable Not applicable Not applicable Not applicable. Exhibit 10.1 - Agreement and Plan of Merger, dated April 29, 2026, by and among ACRES Commercial Realty Corp. ACRES Holdings Sub LLC, ACRES Capital Corp and ACRES Capital, LLC (incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K (File No. 001-32733) filed with the SEC on April 30, 2026). Exhibit 99.1 - Joint Filing Agreement Andrew Fentress /s/ Andrew Fentress Andrew Fentress 08/06/2026 ESD Capital, LLC /s/ Andrew Fentress Andrew Fentress, its sole member 08/06/2026 Priority One Productions LLC /s/ Wendy Fentress Wendy Fentress, its controlling member 08/06/2026 Wendy Fentress /s/ Wendy Fentress Wendy Fentress 08/06/2026