About

Eldron C. Blackwell has served as ACRES Commercial Realty's Senior Vice President and Chief Financial Officer since January 2024, and continues as Chief Financial Officer and principal financial officer following the internalization completed on August 6, 2026. He previously served as the Company's Vice President and Chief Accounting Officer from March 2014 to December 2023 and as Treasurer from January 2024 through December 2024. Before joining ACRES, Mr. Blackwell was Assistant Controller at New Penn Financial, LLC, a residential mortgage lender (2013-2014), and spent more than a decade in the audit practice of Grant Thornton LLP (2001-2013), where he was a Senior Manager. Since April 2025 he has served as a director of Crane Harbor Acquisition Corp. (Nasdaq: CHAC). He is an inactive Certified Public Accountant.

Roles

ACRES Commercial Realty Corp.
Senior Vice President & Chief Financial Officer · Current role
January 2024–present
ACRES Commercial Realty Corp.
Senior Vice President and Chief Financial Officer
January 2024 - present
ACRES Commercial Realty Corp.
Treasurer
January 2024 - December 2024
ACRES Commercial Realty Corp.
Vice President and Chief Accounting Officer
March 2014 - December 2023
New Penn Financial, LLC
Assistant Controller
2013 - 2014
Grant Thornton LLP
Senior Manager, Audit
2001 - 2013

External Roles

Crane Harbor Acquisition Corp. (Nasdaq: CHAC)
Director
2025 - present
Freire Schools Collaborative
Board Chair

Fixed Compensation

FY 2025
Salary
$260,000
ComponentBase salary earned in FY2025 (paid by ACRES Capital and reimbursed by the Company under the Management Agreement)
All other compensation
$14,000
ComponentMatching contribution under ACRES Capital's 401(k) plan
Total compensation
$399,000

Performance Compensation

Data from FY 2025

Cash incentive

Bonus
$125,000
Target Opportunity
PlanDiscretionary annual cash bonus earned for FY2025

Stock awards

Stock awards
$0
NoteNo restricted stock was granted to named executive officers for 2025, 2024 or 2023 compensation

Also at ACRES Commercial Realty Corp.

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