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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FSUPreferredEquityLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">FSU Preferred Equity Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FSUPreferredEquityLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">FSU preferred equity loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FSUPreferredEquityLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">FSU Preferred Equity Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">FINANCING RECEIVABLES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivables [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Financing Receivable, Allowance for Credit Loss, Writeoff, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Charge offs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Charge offs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Allowance for Credit Loss, Writeoff</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and receivables by origination year, 2024/2023</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan Modification One [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Modification One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan Modification 1</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross Amounts Not Offset on the Consolidated Balance Sheets- Financial Instruments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Security Not Offset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationSharesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incentive Compensation Shares Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationSharesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Incentive Compensation Shares Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationSharesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction incentive compensation shares payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationSharesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Incentive Compensation Shares Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation, State or Country Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, shares issued (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Balance Sheet Location</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position Location, Balance [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionFiburcateOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">One Year Extension Option Fiburcate One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionFiburcateOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One Year Extension Option Fiburcate One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionFiburcateOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">One Year Extension Option Fiburcate One.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonSharesRepurchasedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares repurchased during period, value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonSharesRepurchasedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Shares Repurchased Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonSharesRepurchasedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common shares repurchased cost.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablePortfolioSegmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable Portfolio Segment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablePortfolioSegmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Portfolio Segment [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Plan Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncreaseInPrincipalReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase In Principal Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncreaseInPrincipalReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase In Principal Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncreaseInPrincipalReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in principal balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Current Reporting Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Current Reporting Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Financing Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Financing Receivable [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountCRELoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountCRELoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Nonconsolidated Carrying Amount CRE Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountCRELoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable interest entity nonconsolidated carrying amount CRE loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncentiveCompensationExpensePayableInCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage incentive management fee payable in common stock pursuant to the management agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncentiveCompensationExpensePayableInCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Incentive Compensation Expense Payable in Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncentiveCompensationExpensePayableInCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of incentive compensation expense payable in common stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lease liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">OPERATING EXPENSES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Significant Other Observable Inputs (Level 2)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 2 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">COMMITMENTS AND CONTINGENCIES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoanRestructuringModificationNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Restructuring Modification Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AMFLeveredIILLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">AMF Levered II LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AMFLeveredIILLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">AMF Levered II LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AMFLeveredIILLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">AMF Levered II, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock, shares authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, shares authorized (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToSecondExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Term, Option to Second Extend.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToSecondExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, term, option to second extend.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToSecondExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option to second extend, term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashInvestingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-cash continuing investing activities include the following:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashInvestingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow Continuing Operations Noncash Investing Activities Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashInvestingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cash flow continuing operations noncash investing activities disclosure.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashInvestingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Non-cash investing activities include the following:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThirdPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Third Property.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThirdPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Third Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThirdPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Third Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">2030</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Four</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization expense on intangible assets during 2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Nonoperating Income (Expense) [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets Acquired, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets Acquired Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets Acquired Cost.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Share-BasedCompensationArrangementByShare-BasedPaymentAwardMarketConditionPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement by Share Based Payment Award, Market Condition Price Target</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Share-BasedCompensationArrangementByShare-BasedPaymentAwardMarketConditionPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation arrangement by share-based payment award, market condition price target.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Share-BasedCompensationArrangementByShare-BasedPaymentAwardMarketConditionPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Book value target</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivablesAfterDeferredIncomeOffsetWriteOffs_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Loans and receivables by origination year write offs, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivablesAfterDeferredIncomeOffsetWriteOffs_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivables After Deferred Income Offset Write Offs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivablesAfterDeferredIncomeOffsetWriteOffs_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing Receivables After Deferred Income Offset Write Offs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DefaultFinancingArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Default Financing Arrangement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DefaultFinancingArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Default financing arrangement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DefaultFinancingArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Default financing arrangement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RctIEntityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RCT I entity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RctIEntityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unconsolidated wholly owned subsidiaries.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RctIEntityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rct I Entity [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowing rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt instrument, interest rate, stated percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest rate, stated percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeCommercialRealEstateLoansAmortizedCostYearsThreeAndThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Life Commercial Real Estate Loans Amortized Cost Years Three And Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeCommercialRealEstateLoansAmortizedCostYearsThreeAndThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying amount of investment in loans maturing after the second fiscal year following the latest fiscal year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeCommercialRealEstateLoansAmortizedCostYearsThreeAndThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026 / 2027 and Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeCommercialRealEstateLoansAmortizedCostYearsThreeAndThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">2028 and Thereafter</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NetCarryingValueOfLoansHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Carrying Value, Loans held for investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NetCarryingValueOfLoansHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Carrying Value Of Loans Held For Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NetCarryingValueOfLoansHeldForInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The net carrying value of loans held for investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash and Cash Equivalents, at Carrying Value, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and cash equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average number of common shares outstanding:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding Reconciliation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions to non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityListingAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Interest Entity Listing</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityListingAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Listing [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityListingAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Listing of Variable Interest Entities (VIEs).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OriginalTermOfOperatingLeaseAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Original term of operating lease acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OriginalTermOfOperatingLeaseAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Original Term Of Operating Lease Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OriginalTermOfOperatingLeaseAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Original term of operating lease acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, shares issued (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RemainingTermOfOperatingLeaseAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Remaining term of operating lease acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RemainingTermOfOperatingLeaseAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Remaining Term Of Operating Lease Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RemainingTermOfOperatingLeaseAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining term of operating lease acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OutstandingDebtUnamortizedIssuanceCostsAndDiscounts_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Outstanding Borrowings, Unamortized Issuance Costs and Discounts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OutstandingDebtUnamortizedIssuanceCostsAndDiscounts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Outstanding Debt Unamortized Issuance Costs And Discounts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OutstandingDebtUnamortizedIssuanceCostsAndDiscounts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Outstanding debt unamortized issuance costs and discounts.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneMonthAverageSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">One Month Average S O F R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneMonthAverageSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One Month Average S O F R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneMonthAverageSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">One Month Average SOFR</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_REITRequiredTaxableIncomeDistributionPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">REIT required taxable income distribution, percentage (at least)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_REITRequiredTaxableIncomeDistributionPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">REIT required taxable income distribution, percentage (at least)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_REITRequiredTaxableIncomeDistributionPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">R E I T Required Taxable Income Distribution Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_REITRequiredTaxableIncomeDistributionPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">REIT required taxable income distribution percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilityRelatedPartyTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liability, Related Party, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilityRelatedPartyTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Liability, Related Party [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued interest receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2023 Q4 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2023 Q4 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2023 Q4 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and receivables by origination year, 2022/2021</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Acquisition, Acquiree</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrant [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">VARIABLE INTEREST ENTITIES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivables60To89DaysPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">60-89 Days</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivables60To89DaysPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Asset, 60 to 89 Days Past Due [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OffsettingSecuritiesSoldUnderAgreementsToResellAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Offsetting Securities Sold under Agreements to Repurchase [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OffsettingSecuritiesSoldUnderAgreementsToResellAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warehouse financing facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted common stock transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rating1 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Credit quality indicators that are developed and used internally by the company. One represents the highest rating, Five is the lowest rating.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rating 1</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivablesPastDueTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Financing Receivables Past Due [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivablesPastDueTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Past Due [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan maturity date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">TOTAL LIABILITIES AND EQUITY</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationPaidInCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Incentive compensation paid in common stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationPaidInCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incentive Compensation Paid In Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationPaidInCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incentive compensation paid in common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-Lived Tangible Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Lived Tangible Asset [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Receivable [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfContractualMaturitiesOfCommercialRealEstateLoansAtAmortizedCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Contractual Maturities of Commercial Real Estate Loans at Amortized Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfContractualMaturitiesOfCommercialRealEstateLoansAtAmortizedCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary Of Contractual Maturities Of Commercial Real Estate Loans At Amortized Cost Table [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfContractualMaturitiesOfCommercialRealEstateLoansAtAmortizedCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of contractual maturities of commercial real estate loans at amortized cost.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ExecutionOfOperatingLeaseNoncash_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Execution of operating lease noncash.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ExecutionOfOperatingLeaseNoncash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Execution of operating leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ExecutionOfOperatingLeaseNoncash_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Assumption of other operating lease liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SubsidiaryOfACRESMortgageFundLtdMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary of A C R E S Mortgage Fund, Ltd. [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SubsidiaryOfACRESMortgageFundLtdMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subsidiary of ACRES Mortgage Fund, Ltd.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value financial and non-financial assets not reported at fair value</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Assets Acquired, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Maturity date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maturity Month And Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument maturity month and year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock-based compensation (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Issued, Shares, Share-Based Payment Arrangement, before Forfeiture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOfTermWarehouseFinancingFacilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments Of Term Warehouse Financing Facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOfTermWarehouseFinancingFacilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payments of term warehouse financing facilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOfTermWarehouseFinancingFacilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE - term warehouse financing facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOfTermWarehouseFinancingFacilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">CRE - term warehouse financing facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivables30To59DaysPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">30-59 Days</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivables30To59DaysPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Asset, 30 to 59 Days Past Due [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Offering price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Issued, Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Book value per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommissionFeePayableOfGrossProceedsFromSaleOfStockInPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commission fee payable of gross proceeds from sale of stock in percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommissionFeePayableOfGrossProceedsFromSaleOfStockInPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commission Fee Payable Of Gross Proceeds From Sale Of Stock In Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommissionFeePayableOfGrossProceedsFromSaleOfStockInPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commission fee payable of gross proceeds from sale of stock in percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating5Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rating 5</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating5Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rating5 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating5Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Credit quality indicators that are developed and used internally by the company. One represents the highest rating, Five is the lowest rating.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PledgedStatusAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pledged Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PledgedStatusAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pledged Status [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2024 Q3 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2024 Q3 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2024 Q3 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FranchiseRightsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Franchise Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FranchiseRightsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Franchise Rights [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FranchiseRightsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Franchise Rights</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentIncreaseBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Increase Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentIncreaseBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument increase borrowing capacity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentIncreaseBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in facility amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MountainRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mountain Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MountainRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mountain Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MountainRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mountain</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MountainRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mountain Region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationYearAndMonth_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share based compensation expiration period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationYearAndMonth_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Expiration Year And Month</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationYearAndMonth_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation arrangement by share-based payment award, expiration year and month.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_SegmentGeographicalDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Geographical</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_SegmentGeographicalDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Geographical [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DISTRIBUTIONS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distributions text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Variable Interest Entities [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rating 2</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rating2 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Credit quality indicators that are developed and used internally by the company. One represents the highest rating, Five is the lowest rating.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OfficeSpaceAndOfficeEquipmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Office Space and Office Equipment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OfficeSpaceAndOfficeEquipmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Office Space And Office Equipment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OfficeSpaceAndOfficeEquipmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Office space and office equipment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableRecordedInvestmentExcludedAccruedInterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recorded investment excluded accrued interest receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableRecordedInvestmentExcludedAccruedInterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Recorded Investment Excluded Accrued Interest Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableRecordedInvestmentExcludedAccruedInterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing receivable recorded investment excluded accrued interest receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying amount of investment in loans maturing in the next fiscal year following the latest fiscal year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Life Real Estate Loans Amortized Cost Next Twelve Months</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PropertyHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property held for sale, carrying value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PropertyHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Held For Sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PropertyHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Property held-for-sale.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PropertyHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Property Held for Sale, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherLiabilitiesAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherLiabilitiesAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities Accumulated Depreciation And Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherLiabilitiesAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other liabilities, accumulated depreciation and amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherLiabilitiesAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Other Liabilities, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt Issuance Costs, Net, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unamortized Issuance Costs and Discounts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unamortized issuance costs and discounts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Issuance Costs, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EightPointSixTwoFivePercentageSeriesCCumulativeRedeemablePreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EightPointSixTwoFivePercentageSeriesCCumulativeRedeemablePreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Eight Point Six Two Five Percentage Series C Cumulative Redeemable Preferred Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EightPointSixTwoFivePercentageSeriesCCumulativeRedeemablePreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Eight point six two five percentage series c cumulative redeemable preferred stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityClosingTransactionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Closing transaction amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityClosingTransactionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Closing Transaction Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityClosingTransactionAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The dollar amount of the CDO transaction closed by the company to provide financing for commercial real estate loans and commercial mortgage-backed securities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReadycapCommercialLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Readycap Commercial L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReadycapCommercialLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Readycap Commercial, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReadycapCommercialLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Readycap Commercial L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReadycapCommercialLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ReadyCap Commercial, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfAmountAtRiskUnderCreditFacilityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of amount at risk under credit facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfAmountAtRiskUnderCreditFacilityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Amount At Risk Under Credit Facility Table [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfAmountAtRiskUnderCreditFacilityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of Amount at Risk under Credit Facility [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentVariableInterestRateTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Variable Interest Rate, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment In Real Estate And Other Acquired Assets And Assumed Liabilities [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Real Estate And Other Acquired Assets And Assumed Liabilities [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in real estate and other acquired assets and assumed liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityListingDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Listing [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityListingDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable interest entity listing.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ShareRepurchaseProgramAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Repurchase Program</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ShareRepurchaseProgramAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThreeMonthSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Three Month S O F R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThreeMonthSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Three Month S O F R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThreeMonthSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Three Month SOFR</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reconciliation of cash, cash equivalents and restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Cash and Cash Equivalents [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FourWholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Four whole loans in maturity default.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FourWholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Four Whole Loans In Maturity Default [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FourWholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Four Whole Loans In Maturity Default</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestBorrowingRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest borrowing rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestBorrowingRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable Interest Borrowing Rate Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestBorrowingRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans receivable interest borrowing rate percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Proceeds from issuance of preferred stock, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Preferred Stock and Preference Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Proceeds from issuance of preferred shares (net of $101 of underwriting discounts and offering costs)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from issuance of preferred shares (net of $101 of underwriting discounts and offering costs)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment, Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions accrued but not paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Distribution payable balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Basic, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">NET LOSS PER COMMON SHARE - BASIC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net loss per common share - basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAndSecuritiesContractAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Master repurchase and securities contract agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAndSecuritiesContractAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Master Repurchase And Securities Contract Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAndSecuritiesContractAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Master Repurchase and Securities Contract Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan Modification 3</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Modification Three [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan modification three.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE Whole Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Whole Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial real estate whole loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Interest Entity [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfSecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Secured Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfSecuredDebt_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Senior secured financing facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndOtherIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest income:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndOtherIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest and Other Income [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CarryingValueOfTheLoanHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan held for sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CarryingValueOfTheLoanHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Carrying Value Of The Loan Held For Sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CarryingValueOfTheLoanHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying Value Of The Loan Held For Sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Comprehensive Income (Loss), Derivative, Excluded Component, Increase (Decrease), after Adjustments and Tax, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unrealized gains (loss) on derivatives, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), Derivative, Excluded Component, Increase (Decrease), after Adjustments and Tax</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MultifamilyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MultifamilyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Multifamily</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HedgingDesignationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hedging Designation [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentFinalMaturityPeriodOfEachLoanSeries_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt instrument, final maturity period of each loan series</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentFinalMaturityPeriodOfEachLoanSeries_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Final Maturity Period of Each Loan Series</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentFinalMaturityPeriodOfEachLoanSeries_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, final maturity period of each loan series.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ShareRepurchaseProgramDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Repurchase Program</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ShareRepurchaseProgramDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O2025 Q2 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O2025 Q2 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O2025 Q2 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfNetAssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair value of net assets acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfNetAssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Net Assets Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfNetAssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total fair value at acquistion of net assets acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ParentCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACRES Commercial Realty Corp</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ParentCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Parent Company [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Payment of debt issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Debt Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccretionRelatedToGroundLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accretion related to ground lease liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccretionRelatedToGroundLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accretion Related To Ground Lease Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccretionRelatedToGroundLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accretion related to ground lease liability.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_UnamortizedDiscountPremiumGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unamortized (Discount) Premium, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_UnamortizedDiscountPremiumGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unamortized Discount Premium Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_UnamortizedDiscountPremiumGross_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of the gross unamortized amount of the (discount) premium on the note or receivable which is added (subtracted) to the face amount of the loan. The discount or premium is defined as the difference between the present value and the face amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfOwnershipAfterTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Percentage Of Ownership After Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfOwnershipAfterTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction, percentage of ownership after transaction.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfOwnershipAfterTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GainsLossesOnConversionOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gains Losses On Conversion Of Investment Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GainsLossesOnConversionOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain on conversion of real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GainsLossesOnConversionOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gains losses on conversion of investment real estate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GainsLossesOnConversionOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gain on conversion of real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HedgingDesignationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hedging Designation [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LineOfCreditFacilityAdvancedInInitialFunding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Advanced in initial funding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LineOfCreditFacilityAdvancedInInitialFunding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line Of Credit Facility Advanced In Initial Funding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LineOfCreditFacilityAdvancedInInitialFunding_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Line of credit facility, advanced in initial funding.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securitizations Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Securitizations maturity date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RetailLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retail Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RetailLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retail Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RetailLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Retail loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Amortized Cost, Loans held for investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Held For Investment Amortized Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans held for investment, amortized cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeeds from sale of interest in FSU Student Venture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Divestiture of Interest in Joint Venture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OffsettingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Offsetting [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SHARE-BASED COMPENSATION</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionLoanOutstandingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction loan outstanding amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionLoanOutstandingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Loan Outstanding Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionLoanOutstandingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party transaction loan outstanding amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepurchaseAgreementCounterpartyAmountAtRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount at Risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepurchaseAgreementCounterpartyAmountAtRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repurchase Agreement Counterparty, Amount at Risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest in RCT I</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest In Rct I [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Name of unconsolidated entity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross Amounts Not Offset on the Consolidated Balance Sheets- Cash Collateral Pledged</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Not Offset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseContractualTermAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease Contractual Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseContractualTermAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease Contractual Term [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leases [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted Average Number of Shares Outstanding, Diluted, Adjustment, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Effect of dilutive securities - unvested restricted stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Diluted, Adjustment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WackerJointVentureLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Wacker Joint Venture, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WackerJointVentureLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Wacker Joint Venture, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WackerJointVentureLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">65 E. Wacker Joint Venture, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeLeaseDescriptionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lessee Lease Description [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeLeaseDescriptionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Lease, Description [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loss Contingencies [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingencies [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate purchase of common stock warrants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Number of Securities Called by Warrants or Rights</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Ownership percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityPercentageOfValueOfTrustsHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of value of trusts owned</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityPercentageOfValueOfTrustsHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Percentage Of Value Of Trusts Held</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityPercentageOfValueOfTrustsHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable Interest Entity, Percentage of Value of Trusts Held.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_XAN2020RSO9Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">XAN 2020-RSO9 Senior Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_XAN2020RSO9Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">X A N2020 R S O9 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_XAN2020RSO9Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">XAN 2020-RSO9.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by (used in) operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsReinvestmentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securitizations Reinvestment Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsReinvestmentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Securitizations reinvestment period end date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsReinvestmentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reinvestment Period End</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RedeemablePreferredStockSeriesDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">7.875% Series D Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RedeemablePreferredStockSeriesDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Preferred Stock Series D [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RedeemablePreferredStockSeriesDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Redeemable preferred stock series D.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_UnimprovedLandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unimproved land.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_UnimprovedLandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unimproved Land [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_UnimprovedLandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unimproved Land, Northeast Region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherRevenueExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Revenue Expense [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherRevenueExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">-- None. No documentation exists for this element. --</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherRevenueExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">OTHER INCOME (EXPENSE)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MergerAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Merger Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MergerAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">MergerAgreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MergerAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Merger Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentDefaultsWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Whole Loan In Payment Defaults</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentDefaultsWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment Defaults Whole Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentDefaultsWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payment Defaults Whole Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityExcludingLeasedCopierOfficeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liabilities, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityExcludingLeasedCopierOfficeLiabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Lease liabilities, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityExcludingLeasedCopierOfficeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease Liability Excluding Leased Copier Office Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityExcludingLeasedCopierOfficeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating lease liability excluding leased copier office liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityExcludingLeasedCopierOfficeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Lease liabilities, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireInterestInJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Interest in Joint Venture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireInterestInJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in preferred equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Secured Debt, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Senior secured financing facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest rate at period end</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Effective interest rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, interest rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Held for Investment Fixed Interest Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans Held for Investment Fixed Interest Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fixed interest rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:role="http://fasb.org/us-gaap/role/label/axisDefault">Portion at Fair Value Measurement [Member] [Default]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Disclosure Item Amounts [Default]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Portion at Fair Value Measurement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accounting standards adopted material effect</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonRule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Rule 10b51 Arr Modified Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonRule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non rule 10b51 arr modified flag.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonRule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-Rule 10b5-1 Arrangement Modified</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodSharesWarrantsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock issued during period shares warrants exercised.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodSharesWarrantsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period Shares Warrants Exercised</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodSharesWarrantsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exercise of warrants (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingencyAccrualAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Loss Contingency Accrual, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingencyAccrualAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Loss Contingency Accrual, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingencyAccrualAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Outstanding litigation demands</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingencyAccrualAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingency Accrual</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Information [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental cash flows:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SelfStorageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Self Storage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SelfStorageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Self Storage [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SelfStorageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Self Storage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage payable, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableCostBasis_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Mortgage payable, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Payable Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage payable cost basis.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfLandHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale of unimproved land</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfLandHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Sale, Land, Held-for-Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInformationWithSecuritizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Information with Securitization [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInformationWithSecuritizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of information with securitization table text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInformationWithSecuritizationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Information with Securitization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearOne_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearOne_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation arrangement by share-based payment award, equity instruments other than options expected to vest, year one.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearOne_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Balance Sheet Location</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position Location, Balance [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SaleLoanCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale loan completed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SaleLoanCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale Loan Completed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SaleLoanCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sale loan completed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentMezzanineTranche_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mezzanine tranche</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentMezzanineTranche_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Held for Investment Mezzanine Tranche</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentMezzanineTranche_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans Held for Investment Mezzanine Tranche</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Right of use Assets, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Right of use Assets, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right of use assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Right-of-Use Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Information:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Information [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other information.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RctIiEntityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unconsolidated wholly owned subsidiaries.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RctIiEntityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rct Ii Entity [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RctIiEntityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RCT II entity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfSupplementalCashFlowsAndOtherSignificantNoncashTransactionsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Supplemental Cash Flows and Other Significant Noncash Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfSupplementalCashFlowsAndOtherSignificantNoncashTransactionsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Supplemental Cash Flows And Other Significant Noncash Transactions Table [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfSupplementalCashFlowsAndOtherSignificantNoncashTransactionsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of supplemental cash flows and other significant noncash transactions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaymentsReceivedOnLoanDueFromManager_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principal payments received on loan due from manager.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaymentsReceivedOnLoanDueFromManager_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principal Payments Received On Loan Due From Manager</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaymentsReceivedOnLoanDueFromManager_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal payments received on loan - due from Manager</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Income (Loss) Attributable to Noncontrolling Interest, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net loss allocable to non-controlling interest, net of taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net (income) loss allocable to non-controlling interests, net of taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Writeoff</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Loans and receivables by origination year write offs, Prior</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Adjustments to additional paid in capital conversion of convertible senior notes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments To Additional Paid In Capital Conversion Of Convertible Senior Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion of 4.5% convertible senior notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncomeLossInvestmentsInAffiliatesAndJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in unconsolidated entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncomeLossInvestmentsInAffiliatesAndJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income (Loss) Investments In Affiliates And Joint Venture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncomeLossInvestmentsInAffiliatesAndJointVenture_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Income (Loss) Investments In Affiliates And Joint Venture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2023 Q1 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2023 Q1 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2023 Q1 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodValueShareBasedCompensationAdjustmentToAdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock-based compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodValueShareBasedCompensationAdjustmentToAdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period Value Share Based Compensation Adjustment To Additional Paid In Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodValueShareBasedCompensationAdjustmentToAdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock issued during period value share based compensation adjustment to additional paid in capital.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income Taxes Paid, Net, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income taxes paid in cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Taxes Paid, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfArrangementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Collaborative Arrangement and Arrangement Other than Collaborative</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfArrangementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PropertyHeldForSaleCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Property held for sale, cost basis.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PropertyHeldForSaleCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Held For Sale Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PropertyHeldForSaleCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property Held for Sale, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investment in Real Estate, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ArrangementsAndNonarrangementTransactionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Collaborative Arrangement and Arrangement Other than Collaborative</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ArrangementsAndNonarrangementTransactionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonSharesRepurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares repurchased during period, shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonSharesRepurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Shares Repurchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonSharesRepurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common shares repurchased.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">CRE securitizations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Real Estate Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans categorized as commercial real estate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2024 Q1 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2024 Q1 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2024 Q1 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O2025 Q4 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O2025 Q4 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O2025 Q4 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans and Leases Receivable, Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Loans and Leases Receivable, Related Parties, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Loans and Leases Receivable, Related Parties, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableRelatedParties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan receivable - due from Manager</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Valuation Approach and Technique</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Approach and Technique [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredSharesRepurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred Shares Repurchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredSharesRepurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Shares Repurchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredSharesRepurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred shares repurchased during period, shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Anti-dilutive shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecondGroundLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Second Ground Lease.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecondGroundLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Second Ground Lease [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecondGroundLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Second Ground Lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Purchase and retirement of common stock (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased and Retired During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, par value (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other comprehensive income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LIABILITIES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Right-of-Use Asset, Periodic Reduction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization related to right of use assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross Amounts Offset on the Consolidated Balance Sheets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, Asset Offset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable Recorded Investment [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Credit Quality Indicator [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt Securities, Available-for-Sale, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Financial instruments carried at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities, Available-for-Sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IndemnificationGuaranteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Indemnification Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IndemnificationGuaranteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indemnification Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Parent [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants exercised</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageNumberOfCommonSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average number of common shares outstanding - basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageNumberOfCommonSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number Of Common Shares Outstanding Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageNumberOfCommonSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average number of common shares outstanding - basic.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionFiburcateTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One Year Extension Option Fiburcate Two [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionFiburcateTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">One Year Extension Option Fiburcate Two [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionFiburcateTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">One Year Extension Option Fiburcate Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Operating Capital, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapital_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Changes in operating assets and liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Income [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowElementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Elements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESDevelopmentLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACRES Development, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESDevelopmentLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A C R E S Development L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESDevelopmentLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DevCo</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Estimate of Fair Value Measurement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CharlesStreetACRESFSUStudentVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Charles Street A C R E S F S U Student Venture L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CharlesStreetACRESFSUStudentVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Charles Street-ACRES FSU Student Venture, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CharlesStreetACRESFSUStudentVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CS-ACRES FSU Student Venture, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativesNumberOfInstrumentsTerminated_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of hedges terminated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativesNumberOfInstrumentsTerminated_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives Number Of Instruments Terminated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativesNumberOfInstrumentsTerminated_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivatives, Number of Instruments Terminated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Whole Loans In Maturity Default</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Whole Loans In Maturity Default [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Whole loans in maturity default.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments In Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in net assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Long-Term Debt Instruments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AmortizedCostsOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recorded investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AmortizedCostsOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortized Costs of Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AmortizedCostsOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortized costs of loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRE-TermReinvestmentFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CRE - Term Reinvestment Financing Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRE-TermReinvestmentFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">CRE - Term reinvestment financing facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRE-TermReinvestmentFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE - Term Reinvestment Financing Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperationalEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings related to operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperationalEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operational Earnings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperationalEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operational earnings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoanCommitment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mezzanine loan commitment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoanCommitment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mezzanine loan commitment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoanCommitment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mezzanine Loan Commitment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Loss Carryforwards Valuation Allowance Tax Expense Impact</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating loss carryforwards, valuation allowance, tax expense impact</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating Loss Carryforwards, Valuation Allowance, Tax Expense Impact</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyPortfolioServicingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Portfolio servicing fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyPortfolioServicingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Expenses From Transactions With Related Party Portfolio Servicing Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyPortfolioServicingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction expenses from transactions with related party portfolio servicing fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in unconsolidated entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRESecuritizationNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior notes in CRE securitizations</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRESecuritizationNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">CRE securitization notes payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_LitigationCaseTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Litigation Case</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_LitigationCaseTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Litigation Case [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value By Balance Sheet Grouping [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, by Balance Sheet Grouping [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Unvested shares, beginning of period (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Unvested shares, end of period (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralAlreadyPostedAggregateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Value of Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralAlreadyPostedAggregateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collateral Already Posted, Aggregate Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESCommercialRealtyCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACRES commercial realty corp.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESCommercialRealtyCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A C R E S Commercial Realty Corp [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESCommercialRealtyCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACRES Commercial Realty Corp</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment, Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Preferred Stock, Shares Outstanding, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Preferred Stock, Shares Outstanding, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, shares outstanding (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Comprehensive loss allocable to common shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromCollectionOfLoansReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Collection of Loans Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromCollectionOfLoansReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal payments received on CRE loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIAndRctIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in RCT I and II</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIAndRctIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest In Rct I And Rct Ii [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIAndRctIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Name of unconsolidated entity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredEquityInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred Equity Investment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredEquityInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Equity Investment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredEquityInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred equity investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredEquityInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred equity investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RedeemablePreferredStockSeriesCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">8.625% Series C Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RedeemablePreferredStockSeriesCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Preferred Stock Series C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RedeemablePreferredStockSeriesCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Redeemable Preferred Stock Series C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementGeographicalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Geographical</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementGeographicalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Geographical [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityLenderDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Line of Credit Facility, Lender</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityLenderDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Lender [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership percentage in VIE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation arrangement by share-based payment award, equity instruments other than options expected to vest, year three.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Stockholders' Equity Attributable to Noncontrolling Interest, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Stockholders' Equity Attributable to Noncontrolling Interest, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InternalCreditAssessmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Internal Credit Assessment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InternalCreditAssessmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Internal Credit Assessment [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncreaseInGroundLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of increase in ground lease payments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncreaseInGroundLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Increase In Ground Lease Payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncreaseInGroundLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of increase in ground lease payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESLoanOriginationLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACRES Loan Origination, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESLoanOriginationLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A C R E S Loan Origination L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESLoanOriginationLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACRES Loan Origination, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanOutstandingParBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan outstanding par balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanOutstandingParBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Outstanding Par Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanOutstandingParBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan Outstanding Par Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaydownsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Principal paydown receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaydownsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principal paydowns receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaydownsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principal Paydowns Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaydownsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal paydowns receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansFloatingRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Whole Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansFloatingRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Whole Loans Floating Rate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansFloatingRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Whole loans, floating-rate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilityHeldForSaleLiabilitiesCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities held for sale liabilities, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilityHeldForSaleLiabilitiesCarryingValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Liabilities held for sale liabilities, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilityHeldForSaleLiabilitiesCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liability Held For Sale Liabilities Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilityHeldForSaleLiabilitiesCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liability held for sale liabilities carrying value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentNonconsolidatedInvesteeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Nonconsolidated Investee [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Amounts reclassified from accumulated other comprehensive loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativeInstrumentsAmortizationExpenseReportedInInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization expense reported in interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativeInstrumentsAmortizationExpenseReportedInInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments Amortization Expense Reported In Interest Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativeInstrumentsAmortizationExpenseReportedInInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative instruments amortization expense reported in interest expense.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAndLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (liability) asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAndLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets And Liabilities Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAndLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets and liabilities net.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareOfRiskPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share of risk percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareOfRiskPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share of Risk Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareOfRiskPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share of risk percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Expense, Operating, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense, Operating</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Life Real Estate Loans Amortized Cost Remainder Of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average life real estate loans amortized cost remainder of fiscal year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024 / 2025</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Unsecured Debt, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Unsecured Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument, Class [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Class [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument Class</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shares of common stock vest percentage per year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares of common stock vest percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Presentation and Significant Accounting Policies [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">AOCI Attributable to Parent [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finite-Lived Intangible Assets, Major Class Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Major Class Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Class D</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument, Class D [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Class D [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrimaryCapitalMortgageLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">PCM</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrimaryCapitalMortgageLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Primary Capital Mortgage L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrimaryCapitalMortgageLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Primary Capital Mortgage LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInvestmentInRealEstatePropertyHeldForSaleAndRelatedIntangibleAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Acquired Assets and Assumed Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInvestmentInRealEstatePropertyHeldForSaleAndRelatedIntangibleAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Investment In Real Estate Property Held For Sale And Related Intangible Assets Table [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInvestmentInRealEstatePropertyHeldForSaleAndRelatedIntangibleAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of investment in real estate property held for sale and related intangible assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Value, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Asset Acquired, Identifiable Intangible Asset, Finite-Lived</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Carrying value intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentUnfundedLoanCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans held for investment, unfunded loan commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentUnfundedLoanCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Held For Investment Unfunded Loan Commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentUnfundedLoanCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans Held For Investment, Unfunded Loan Commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt instrument, maturity date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Initial maturity date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Minimum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-Average Grant-Date Fair Value, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JointFundingAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Joint Funding Agreements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JointFundingAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Joint Funding Agreements [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JointFundingAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Joint funding agreements.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and receivables by origination year, 2025/2024</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Equity in Earnings of Unconsolidated Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACCCommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ACC Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACCCommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACC Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACCCommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACC Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaturityDateFreeForm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Remaining Maturity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaturityDateFreeForm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maturity Date Free Form</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaturityDateFreeForm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average date when the debt instrument is scheduled to be fully repaid, in free form syntax.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization expense on intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of Intangible Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Amortization related to intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Significant Unobservable Inputs (Level 3)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 3 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2024 Q4 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2024 Q4 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O2024 Q4 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend per share (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Dividends Per Share, Declared</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Distribution Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Unrealized Loss on Derivatives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfAssetInternalRateOfReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair value of asset internal rate of return.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfAssetInternalRateOfReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Internal rate of return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfAssetInternalRateOfReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Asset Internal Rate of Return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AcresCapitalLimitedLiabilityCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACRES Capital, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AcresCapitalLimitedLiabilityCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ACRES Capital, Limited Liability Company [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AcresCapitalLimitedLiabilityCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acres capital, limited liability company.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rule 10b51 Arr Modified Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rule 10b51 arr modified flag.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rule 10b5-1 Arrangement Modified</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityFinancialOrOtherSupportAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity, Financial or Other Support, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Purchase and retirement of common stock</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightUnissued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Unissued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightUnissued_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Warrants to purchase shares of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightUnissued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Warrant or Right, Unissued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccumulatedOtherComprehensiveIncomeLossRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Loss [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccumulatedOtherComprehensiveIncomeLossRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income Loss Roll Forward</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccumulatedOtherComprehensiveIncomeLossRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accumulated Other Comprehensive Income (Loss) [Roll Forward].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Restricted Cash and Cash Equivalents, Total</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Cash and Cash Equivalent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtAndCapitalLeaseObligations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt and Lease Obligation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtAndCapitalLeaseObligations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ConcentrationOfLoanRiskPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Concentration of loan portfolio risk</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ConcentrationOfLoanRiskPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The percentage of the loan portfolio credit concentration risk.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansInDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Whole Loans in Default</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansInDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Whole Loans In Default [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net income allocated to preferred shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income Loss Net Of Tax Attributable To Preferred Stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Comprehensive (Income) Loss, Net of Tax, Attributable to Preferred Stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Weighted-Average Grant-Date Fair Value, beginning of period (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Weighted-Average Grant-Date Fair Value, end of period (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtDefaultMinimumInvestedAmountInCapitalWithinGracePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Default Minimum Invested Amount In Capital Within Grace Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtDefaultMinimumInvestedAmountInCapitalWithinGracePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt default, minimum invested amount in capital within grace period.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtDefaultMinimumInvestedAmountInCapitalWithinGracePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum invested amount in capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonAcquiredOperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right of use assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonAcquiredOperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Acquired Operating Lease Right Of Use Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonAcquiredOperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non acquired operating lease right of use asset.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfSharesThatMayBeIssuedOrSoldFromTimeToTimeUnderEquityDistributionAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares that may be issued or sold from time to time under agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfSharesThatMayBeIssuedOrSoldFromTimeToTimeUnderEquityDistributionAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Shares That May Be Issued Or Sold From Time To Time Under Equity Distribution Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfSharesThatMayBeIssuedOrSoldFromTimeToTimeUnderEquityDistributionAgreement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares that may be issued or sold from time to time under equity distribution agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Operating Lease, Liability, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Lease liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis spread on variable rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Basis Spread on Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest spread rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, coupon authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Dividend Rate, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScenarioForecastMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Forecast [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScenarioForecastMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Forecast</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument, Class E [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Class E [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassEMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Class E</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PlaceLeaseIntangibleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Place Lease Intangible [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PlaceLeaseIntangibleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Place lease intangible.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PlaceLeaseIntangibleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Place Lease Intangible</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAmortizationAndAccretionNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Depreciation, Amortization and Accretion, Net, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAmortizationAndAccretionNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Depreciation, amortization and accretion</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAmortizationAndAccretionNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation, Amortization and Accretion, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAndLiabilitiesAssumedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets Acquired and Liabilities Assumed, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAndLiabilitiesAssumedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets Acquired And Liabilities Assumed Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAndLiabilitiesAssumedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets acquired and liabilities assumed cost.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_REITTaxableIncomeDistributionForExemptFederalIncomeTaxesPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">REIT taxable income distribution required for exempt federal income taxes, percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_REITTaxableIncomeDistributionForExemptFederalIncomeTaxesPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">R E I T Taxable Income Distribution For Exempt Federal Income Taxes Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_REITTaxableIncomeDistributionForExemptFederalIncomeTaxesPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">REIT taxable income distribution for exempt federal income taxes percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">VIE, Primary Beneficiary</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity, Primary Beneficiary [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BridgeLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Bridge Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeLeaseDescriptionTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lessee Lease Description [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeLeaseDescriptionTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Lease, Description [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total interest income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest and Dividend Income, Operating</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PACMULTIAFFILIATESLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">PACMULTI AFFILIATES, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PACMULTIAFFILIATESLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">PACMULTI AFFILIATES, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PACMULTIAFFILIATESLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">PACMULTI AFFILIATES, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and receivables by origination year, Prior</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Originated, More than Five Years before Current Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net interest income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Income (Expense), Operating</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsClosingDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securitizations Closing Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsClosingDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Securitizations closing date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsClosingDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Closing Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">NET INCOME (LOSS)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseContractualTermDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease Contractual Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseContractualTermDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease Contractual Term [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Amortized Cost, Loans held for investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, before Allowance for Credit Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total Loans Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentCommitmentPeriodOfEachLoanSeries_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt instrument, commitment period of each loan series</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentCommitmentPeriodOfEachLoanSeries_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Commitment Period of Each Loan Series</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentCommitmentPeriodOfEachLoanSeries_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, commitment period of each loan series.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Loans &gt; 90 Days and Accruing</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, 90 Days or More Past Due, Still Accruing</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-Term Debt, Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loss Contingencies [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingencies [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total weighted average number of common shares outstanding - basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentGuarantyAgreementMaximumPercentageOfCurrentUnpaidAggregateRepurchasePriceOfPurchasedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument, Guaranty Agreement, Maximum Percentage Of Current Unpaid Aggregate Repurchase Price Of Purchased Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentGuarantyAgreementMaximumPercentageOfCurrentUnpaidAggregateRepurchasePriceOfPurchasedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Guaranty Agreement Maximum Percentage Of Current Unpaid Aggregate Repurchase Price Of Purchased Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentGuarantyAgreementMaximumPercentageOfCurrentUnpaidAggregateRepurchasePriceOfPurchasedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Guaranty Agreement, maximum percentage of then current unpaid aggregate repurchase price of all purchased assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentGuarantyAgreementMaximumPercentageOfCurrentUnpaidAggregateRepurchasePriceOfPurchasedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Guaranty Agreement, maximum percentage of then current unpaid aggregate repurchase price of all purchased assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementScenarioAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Scenario [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityConsolidatedNumberOfEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of consolidated VIEs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityConsolidatedNumberOfEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Consolidated Number Of Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityConsolidatedNumberOfEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable Interest Entity, Consolidated, Number of Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Floating rate loans at carring value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable at Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans receivable at carrying value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionEstablishedBookValueTargetPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction established book value target per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionEstablishedBookValueTargetPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related party transaction established Book Value Target Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionEstablishedBookValueTargetPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Book value target per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TotalLoanAmountSold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total loan amount sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TotalLoanAmountSold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Total Loan Amount Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TotalLoanAmountSold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Total loan amount sold.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Information [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentInterestRateFloor_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loans receivable, interest rate floor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentInterestRateFloor_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing receivable, interest rate floor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentInterestRateFloor_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Interest Rate, Floor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingExpenseInformationUsedByCodmDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Expense Information Used by CODM, Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingExpenseInformationUsedByCodmDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Reporting, Expense Information Used by CODM, Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WestNorthCentralRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">West north central region.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WestNorthCentralRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">West North Central Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WestNorthCentralRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">West North Central</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-Lived Tangible Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Lived Tangible Asset [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued interest payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SevenPointEightSevenFivePercentageSeriesDCumulativeRedeemablePreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">7.875% Series D Cumulative Redeemable Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SevenPointEightSevenFivePercentageSeriesDCumulativeRedeemablePreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Seven Point Eight Seven Five Percentage Series D Cumulative Redeemable Preferred Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SevenPointEightSevenFivePercentageSeriesDCumulativeRedeemablePreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Seven point eight seven five percentage series D cumulative redeemable preferred stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShortTermDebtTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Short-Term Debt [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShortTermDebtTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior secured warehouse financing facilities and mortgage payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetPledgedAsCollateralMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pledged as Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetPledgedAsCollateralMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Pledged as Collateral [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SUBSEQUENT EVENTS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RELATED PARTY TRANSACTIONS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MorganStanleyMortgageCapitalHoldingsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Morgan Stanley Mortgage Capital Holdings LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MorganStanleyMortgageCapitalHoldingsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Morgan Stanley Mortgage Capital Holdings L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MorganStanleyMortgageCapitalHoldingsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Morgan Stanley Mortgage Capital Holdings LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RealEstateExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Real estate expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RealEstateExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RealEstateExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">APIC, Share-Based Payment Arrangement, Increase for Cost Recognition, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of stock-based compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">APIC, Share-Based Payment Arrangement, Increase for Cost Recognition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RetainedEarningsAccumulatedDistributionsInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings Accumulated Distributions In Excess Of Net Income [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RetainedEarningsAccumulatedDistributionsInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Retained earnings (accumulated distributions in excess of net income).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RetainedEarningsAccumulatedDistributionsInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retained Earnings (Distributions in Excess of Earnings)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total stockholders&#8217; equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, par value (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of variable interest entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Variable Interest Entities [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentOnTermReinvestmentFinancingFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment On Term Reinvestment Financing Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentOnTermReinvestmentFinancingFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payment on term reinvestment financing facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentOnTermReinvestmentFinancingFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE - term reinvestment financing facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentOnTermReinvestmentFinancingFacility_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">CRE - term reinvestment financing facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OutstandingClaimsForRepurchaseOrIndemnificationOfResidentialMortgageLoansSoldToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Outstanding demands to indemnify purchaser of residential mortgage loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OutstandingClaimsForRepurchaseOrIndemnificationOfResidentialMortgageLoansSoldToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Outstanding Claims For Repurchase Or Indemnification Of Residential Mortgage Loans Sold To Investors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OutstandingClaimsForRepurchaseOrIndemnificationOfResidentialMortgageLoansSoldToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Outstanding demands to indemnify purchasers of residential mortgage loans originated by the subsidiary.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis of Presentation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Accounting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionFundedSinceOrigination_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Funded since Origination.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionFundedSinceOrigination_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction funded since origination..</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionFundedSinceOrigination_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Funded since origination.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableHeldForSaleAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan held for sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableHeldForSaleAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Held-for-Sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableHeldForSaleAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loan held for sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Stockholders' Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseExpirationTermMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating lease expiration date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseExpirationTermMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease Expiration Term Month And Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseExpirationTermMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating lease expiration term month and year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesCPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series C Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesCPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series C Preferred Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization expense on intangible assets during 2024</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Remainder of 2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Valuation Approach and Technique</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Approach and Technique [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Use of Estimates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Use of Estimates, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Equity Method Investments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsAndAccrualOfCumulativePreferredStockDividends_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions and accrual of cumulative preferred stock dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsAndAccrualOfCumulativePreferredStockDividends_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions And Accrual Of Cumulative Preferred Stock Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsAndAccrualOfCumulativePreferredStockDividends_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distributions and accrual of cumulative preferred stock dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InternalCreditAssessmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Internal Credit Assessment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InternalCreditAssessmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Internal Credit Assessment [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableModifiedMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Modified Maturity Month And Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableModifiedMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing receivable, modified, maturity month and year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableModifiedMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Financing receivable, modified, maturity month and year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less: allowance for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Allowance for credit losses at beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Allowance for credit losses at end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Allowance for Credit Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Allowance for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentDefaultsMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mazzanine Loans In Payment Defaults</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentDefaultsMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment Defaults Mezzanine Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentDefaultsMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payment Defaults Mezzanine Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedBookValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities Assumed, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedBookValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Liabilities Assumed, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedBookValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities Assumed Book Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedBookValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liabilities assumed book value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedBookValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Liabilities Assumed, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">FAIR VALUE OF FINANCIAL INSTRUMENTS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccruedInterestReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccruedInterestReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Interest Receivable [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccruedInterestReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued Interest Receivable [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedIntangibleLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities Assumed Intangible Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedIntangibleLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liabilities assumed intangible liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedIntangibleLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangible liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JPMorganChaseBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">JP Morgan Chase Bank, N.A.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JPMorganChaseBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">J P Morgan Chase Bank [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JPMorganChaseBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">JPMorgan Chase Bank.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JPMorganChaseBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">JPMorgan Chase 2025 Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtWeightedAverageInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Weighted Average Borrowing Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtWeightedAverageInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Interest Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtWeightedAverageInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Weighted Average Interest Rate, at Point in Time</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-Controlling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ExtendedMaturityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Extended Maturity [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ExtendedMaturityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Extended Maturity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESRealtyFundingIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Seller SPE or ACRES RF</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESRealtyFundingIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ACRES Realty Funding, Inc [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESRealtyFundingIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACRES Realty Funding, Inc</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputDiscountRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Input, Discount Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputDiscountRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Discount Rate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Equity in losses of unconsolidated subsidiaries</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity in Earnings (Losses) of Unconsolidated Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings (losses) of unconsolidated entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Equity in earnings (losses) of unconsolidated subsidiaries</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsNotePaydowns_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securitizations Note Paydowns</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsNotePaydowns_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Securitizations note paydowns.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritizationsNotePaydowns_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Note Paydowns from Closing Date through March 31, 2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments and Hedging Activities Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingCodmIndividualTitleAndPositionOrGroupOrCommitteeNameExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary Of Significant Accounting Policies [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary Of Significant Accounting Policies [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of significant accounting policies.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionAllowablePercentageAfterTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Allowable Percentage After Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionAllowablePercentageAfterTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction allowable percentage after transaction.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionAllowablePercentageAfterTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Allowable percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Plan Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityDistributionAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Distribution Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityDistributionAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Distribution Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityDistributionAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity distribution agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansToRelatedPartyEvidencedByPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan Evidenced by Promissory Note</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansToRelatedPartyEvidencedByPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans To Related Party Evidenced By Promissory Note [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansToRelatedPartyEvidencedByPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans to related party evidenced by promissory note.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativeInstrumentsAccretionIncomeReportedInInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense to fully amortize</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativeInstrumentsAccretionIncomeReportedInInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments Accretion Income Reported In Interest Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DerivativeInstrumentsAccretionIncomeReportedInInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative instruments accretion income reported in interest expense.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Ownership Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacesRiverJointVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Paces River Joint Venture, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacesRiverJointVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Paces River Joint Venture, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacesRiverJointVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Paces River JV, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MultifamilyLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Multifamily Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MultifamilyLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Multifamily Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MultifamilyLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Multifamily loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SeniorSecuredFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Senior Secured Financing Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SeniorSecuredFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Secured Financing Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SeniorSecuredFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Senior Secured Financing Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SeniorSecuredFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Senior Secured Financing Facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SouthwestRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">US Southwest Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SouthwestRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Southwest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SouthwestRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Southwest Region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoanRestructuringModificationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan Restructuring Modification</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoanRestructuringModificationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Restructuring Modification [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationStockPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock awards, percentage (at least)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationStockPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incentive Compensation Stock Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationStockPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Incentive compensation stock percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ORGANIZATION</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Description and Basis of Presentation [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesLoanedFairValueOfCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Value of Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesLoanedFairValueOfCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Loaned, Fair Value of Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross Amounts of Recognized Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, before Offset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants issued to purchase common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThirtyDayAverageSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">30 Day Average SOFR</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThirtyDayAverageSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Thirty Day Average S O F R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThirtyDayAverageSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Thirty Day Average S O F R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfDefaultedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of bank loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfDefaultedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Defaulted Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfDefaultedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of bank loans which defaulted as of the balance sheet date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Liability Assumed, Liability [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities assumed:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Liabilities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfOtherRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Sale of Other Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfOtherRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from sale of investments in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedInCurrentFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Year One, Originated, Current Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedInCurrentFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and receivables by origination year, 2026/2025</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CustomerListsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Customer Lists</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CustomerListsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Customer Lists [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PastDueFinancingReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan portfolios aging analysis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PastDueFinancingReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Past Due [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value inputs, discount rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities, Available-for-Sale, Measurement Input</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TaxesPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Taxes Payable, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TaxesPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued tax liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TaxesPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Taxes Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SeniorLoanRevenueRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior loan revenue recognized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SeniorLoanRevenueRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Senior Loan Revenue Recognized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SeniorLoanRevenueRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Senior loan revenue recognized.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rating 3</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rating3 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Credit quality indicators that are developed and used internally by the company. One represents the highest rating, Five is the lowest rating.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O2025 Q3 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O2025 Q3 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O2025 Q3 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OaktreeCapitalManagementLPAndMassachusettsMutualLifeInsuranceCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Oaktree and MassMutual</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OaktreeCapitalManagementLPAndMassachusettsMutualLifeInsuranceCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Oaktree Capital Management L P And Massachusetts Mutual Life Insurance Company [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OaktreeCapitalManagementLPAndMassachusettsMutualLifeInsuranceCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Oaktree capital management, L.P. and Massachusetts mutual life insurance company.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodValueStockWarrantsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock issued during period value stock warrants exercised.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodValueStockWarrantsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period Value Stock Warrants Exercised</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_StockIssuedDuringPeriodValueStockWarrantsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exercise of warrants at $0.003 per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseRightOfUseAssetCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right of use Assets, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseRightOfUseAssetCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease Right Of Use Asset Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseRightOfUseAssetCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating lease right of use asset cost.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentVariableInterestRateTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanOriginationFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan origination fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanOriginationFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Origination Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanOriginationFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The origination fees related to loans held for investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionDateOfAcquisitionAgreement1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Date of Acquisition Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionDateOfAcquisitionAgreement1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Merger agreement date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mortgage payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum Exposure to Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mezzanine Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial real estate loans classified as Mezzanine loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mezzanine loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TotalAssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Total assets acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TotalAssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Total Assets Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TotalAssetsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2026 Q4 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2026 Q4 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q4DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2026 Q4 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CounterpartyNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Counterparty Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CounterpartyNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal, Loans held for investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Held For Investment Principal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans held for investment, principal.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">INCOME (LOSS) BEFORE TAXES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Input Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principal Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principal receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity Note [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialAssetNotPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialAssetNotPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Asset, Not Past Due [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TerminatedInterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Terminated interest rate swap</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TerminatedInterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Terminated Interest Rate Swap [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TerminatedInterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Terminated Interest Rate Swap [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Acr2021Fl1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">ACR 2021-FL1 Senior Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Acr2021Fl1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ACR 2021-FL1 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Acr2021Fl1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACR 2021-FL1.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total cash, cash equivalents and restricted cash shown on the Company&#8217;s consolidated statements of cash flows</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense paid in cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid, Excluding Capitalized Interest, Operating Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementBasisAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementBasisAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Basis [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BalanceSheetOffsettingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">OFFSETTING OF FINANCIAL ASSETS AND LIABILITIES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BalanceSheetOffsettingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Balance Sheet Offsetting [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BalanceSheetOffsettingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Balance Sheet Offsetting [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Exercise Price of Warrants or Rights</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Warrant exercise price per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrant exercise price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MccallumJvLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mccallum jv llc.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MccallumJvLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">7720 McCallum JV, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MccallumJvLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">McCallum JV LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments and Joint Ventures [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_XAN2020RSO8Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">XAN 2020-RSO8 Senior Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_XAN2020RSO8Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">X A N2020 R S O8 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_XAN2020RSO8Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">XAN 2020-RSO8.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of Individual</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title and Position [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredCashAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets acquired cash and other assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredCashAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets Acquired Cash and Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredCashAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TermReinvestmentFinancingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Term Reinvestment Financing [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TermReinvestmentFinancingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Term Reinvestment Financing.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_TermReinvestmentFinancingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term Reinvestment Financing</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock redemption</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FourthPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fourth Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FourthPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fourth Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FourthPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fourth Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued interest payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Nonconsolidated Carrying Amount Accrued Interest Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable Interest Entity, Nonconsolidated, Carrying Amount, Accrued Interest Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesByNatureOfContingencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loss Contingency Nature</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesByNatureOfContingencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingency Nature [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Asset Acquired, Asset [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets acquired:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInRealEstateFromLendingActivitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments In Real Estate From Lending Activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInRealEstateFromLendingActivitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments In Real Estate From Lending Activities [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInRealEstateFromLendingActivitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in real estate from lending activities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingencyNatureDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loss Contingency, Nature</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingencyNatureDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingency, Nature [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party transaction, interest rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Security, Excluded EPS Calculation [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other comprehensive income (loss):</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash awards, percentage (up to)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incentive Compensation Cash Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensationCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Incentive compensation cash percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan receivable - due from Manager</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FeesIncurredAndPaidForServicesRendered_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fees payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FeesIncurredAndPaidForServicesRendered_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fees Incurred And Paid For Services Rendered</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FeesIncurredAndPaidForServicesRendered_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fees Incurred And Paid For Services Rendered.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionSharePricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction share price per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionSharePricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Share Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionSharePricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Book value per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Asset, Aging</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Asset, Aging [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Values Derivatives Balance Sheet Location By Derivative Contract Type By Hedging Designation [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total liabilities of consolidated VIEs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CREWholeLoanCommitmentsOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CRE Whole Loan Commitments One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CREWholeLoanCommitmentsOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">CRE whole loan commitments, one, member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CREWholeLoanCommitmentsOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE Whole Loan Commitments One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfOperatingLeasesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Operating Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfOperatingLeasesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary Of Operating Leases Table [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfOperatingLeasesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of operating leases.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesHeldForSaleLiabilitiesCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities held for sale liabilities, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesHeldForSaleLiabilitiesCostBasis_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Liabilities held for sale liabilities, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesHeldForSaleLiabilitiesCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities Held For Sale Liabilities Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesHeldForSaleLiabilitiesCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liabilities held for sale liabilities cost basis.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RepaymentsOfDebtAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payments on borrowings:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RepaymentsOfDebtAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments Of Debt [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RepaymentsOfDebtAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">-- None. No documentation exists for this element. --</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_SouthAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">South America [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_SouthAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Southwest region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Real Estate And Other Acquired Assets And Assumed Liabilities Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in real estate and other acquired assets and assumed liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments In Real Estate And Other Acquired Assets And Assumed Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">-- None. No documentation exists for this element. --</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Dividends_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Dividends, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Dividends_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Dividends_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Distribution Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstatePropertiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Properties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit quality indicators for bank loans and commercial real estate loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Credit Quality Indicators [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument, Class C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Class C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Class C</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangible Assets, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Finite-Lived Intangible Assets, Gross, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NortheastRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">US Northeast Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NortheastRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Northeast</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted average number of common shares outstanding - diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Act File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOfCommercialRealEstateNotesPayable_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Securitizations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOfCommercialRealEstateNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments Of Commercial Real Estate Notes Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOfCommercialRealEstateNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payments of commercial real estate notes payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOfCommercialRealEstateNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Securitizations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfOwnershipBeforeTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Percentage Of Ownership Before Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfOwnershipBeforeTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction, percentage of ownership before transaction.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfOwnershipBeforeTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Charter limitation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedOtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedOtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liabilities assumed other liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedOtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities Assumed Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Assets, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">The effect of derivative instruments on the statement of income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments, Gain (Loss) [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Input Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassFNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument Class F Notes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassFNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Class F Notes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassFNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Class F</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacmultiAffiliatesJVLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pacmulti Affiliates JV, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacmultiAffiliatesJVLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Pacmulti Affiliates JV, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacmultiAffiliatesJVLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pacmulti Affiliates JV, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Asset, Aging</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Asset, Aging [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary Of Significant Accounting Policies [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary Of Significant Accounting Policies [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of significant accounting policies.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MixedUseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mixed Use [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MixedUseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mixed use member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MixedUseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mixed-Use</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaydownReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal paydown receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaydownReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principal Paydown Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalPaydownReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principal paydown receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating4Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rating 4</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating4Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rating4 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Rating4Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Credit quality indicators that are developed and used internally by the company. One represents the highest rating, Five is the lowest rating.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScenarioUnspecifiedDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Scenario [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgagesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgages Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgagesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgages</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgagesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mortgage Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of share authorized for issue (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of operating segment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Operating Segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Interest Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entities [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">A listing of VIEs that often hold financial assets, including loans or receivables, real estate or other property. A VIE may be essentially passive or it may engage in research and development or other activities on behalf of another company.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SEGMENT INFORMATION</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">General and Administrative Expense, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and administrative</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General and Administrative Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsForInvestmentsInUnconsolidatedEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payments for investments in unconsolidated entities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsForInvestmentsInUnconsolidatedEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for Investments in Unconsolidated Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsForInvestmentsInUnconsolidatedEntities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Investments in unconsolidated entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_HotelMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hotel [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_HotelMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Hotel</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityandDebtSecuritiesRepurchaseProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity and Debt Securities Repurchase Program</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityandDebtSecuritiesRepurchaseProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equityand Debt Securities Repurchase Program [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityandDebtSecuritiesRepurchaseProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity and Debt Securities Repurchase Program [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDeclaredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions Declared</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDeclaredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Declared [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInUnconsolidatedEntitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in Unconsolidated Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInUnconsolidatedEntitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments In Unconsolidated Entities [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInUnconsolidatedEntitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in Unconsolidated Entities [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares of common stock issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfTotalAmortizationCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of total amortization cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfTotalAmortizationCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Total Amortization Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfTotalAmortizationCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage Of Total Amortization Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Dividend income from investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Loss Dividend Income And Other Income Loss From Equity Method Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Income loss dividend income and other income loss from equity method investments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Intangible Assets, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Finite-Lived Intangible Assets, Net, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Finite-Lived Intangible Assets, Net, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants recorded in additional paid-in capital, fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to Additional Paid in Capital, Warrant Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contractual Interest Rates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable, Basis Spread on Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of real estate properties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Real Estate Properties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PledgedStatusDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pledged Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PledgedStatusDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pledged Status [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAmountPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Amount Purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAmountPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan amount purchased.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAmountPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE whole loan commitments, purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recent Accounting Pronouncements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Operating Leases Cash Flow Obligations on Undiscounted, Annual Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Vest in installments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vesting period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtIssuanceCostsAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Issuance Costs, Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtIssuanceCostsAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Issuance Costs Amortization Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtIssuanceCostsAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt issuance costs, amortization period (in years)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt instrument redemption term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption, Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction of Student Housing Complex</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Construction Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Percentage of principal amount to be redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reported Value Measurement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total unrecognized compensation costs related to unvested restricted stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AcquiredGroundLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired Ground Lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AcquiredGroundLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquired ground lease.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, shares outstanding (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Amounts of Liabilities Presented on the Consolidated Balance Sheets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Sold Under Agreements To Repurchase Amount Not Offset Against Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Securities Sold under Agreements to Repurchase, Amount Not Offset Against Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ContractualObligationFiscalYearMaturityScheduleTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of contractual obligations and commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ContractualObligationFiscalYearMaturityScheduleTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Obligation, Fiscal Year Maturity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MarketRateForFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Market rate for fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MarketRateForFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Market Rate For Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MarketRateForFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Market rate for fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentDecreaseBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Decrease Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentDecreaseBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument decrease borrowing capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentDecreaseBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reduction in facility amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeasesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LEASES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeasesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Leases [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDiscountedCashFlowMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expected Future Cash Flows</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDiscountedCashFlowMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Technique, Discounted Cash Flow [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repurchase of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for Repurchase of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Asset Acquired and Liabilities Assumed, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets Acquired And Liabilities Assumed Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets acquired and liabilities assumed net.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Comprehensive income before allocation to preferred shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Cash Flows [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_QuantityOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Number of loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_QuantityOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_QuantityOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Quantity Of Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_QuantityOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of loans outstanding as of the balance sheet date.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest rate swaps</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Rate Swap [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACCUMULATED OTHER COMPREHENSIVE LOSS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Accounts Notes Loans And Financing Receivable [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts and Financing Receivables [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2026 Q2 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2026 Q2 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2026 Q2 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CreTermWarehouseFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE - Term Warehouse Financing Facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CreTermWarehouseFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cre Term Warehouse Financing Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CreTermWarehouseFinancingFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cre Term Warehouse Financing Facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">EARNINGS PER SHARE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountInvestmentInUnconsolidatedEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in unconsolidated entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountInvestmentInUnconsolidatedEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Nonconsolidated Carrying Amount Investment In Unconsolidated Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountInvestmentInUnconsolidatedEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable Interest Entity, Nonconsolidated, Carrying Amount, Investment in Unconsolidated Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashBalanceInExcessOfFederalDepositInsuranceLimitAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash balance in excess of federal deposit Insurance limit, amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashBalanceInExcessOfFederalDepositInsuranceLimitAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Balance In Excess Of Federal Deposit Insurance Limit Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashBalanceInExcessOfFederalDepositInsuranceLimitAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cash balance in excess of federal deposit insurance limit, amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashlessWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cashless warrants [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashlessWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cashless warrants [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashlessWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cashless warrants.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FirstPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">First property.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FirstPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">First Property [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FirstPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First Property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans receivable, interest rate, stated percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable Interest Rate Stated Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans Receivable, Interest Rate, Stated Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberOfOptionsToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Number Of Options To Extend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberOfOptionsToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument, Number Of Options To Extend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberOfOptionsToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of options to second extend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCumulativeInvestmentInRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCumulativeInvestmentInRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cumulative Investment In Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCumulativeInvestmentInRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed cumulative investment in real estate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Real Estate And Other Acquired Assets And Assumed Liabilities [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in real estate and other acquired assets and assumed liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Remainder Of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation arrangement by share-based payment award, equity instruments other than options expected to vest, remainder of fiscal year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInvestmentsInRealEstateFromLendingActivitiesAssetAcquiredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of Investments in real estate from lending activities asset acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInvestmentsInRealEstateFromLendingActivitiesAssetAcquiredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments in real estate from lending activities Asset acquired [Table text block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInvestmentsInRealEstateFromLendingActivitiesAssetAcquiredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Acquisition Date Values of Acquired Assets and Assumed Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfReceivablesWithImputedInterestTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Receivables With Imputed Interest [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfReceivablesWithImputedInterestTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivable with Imputed Interest [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating lease cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstandingTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants expiration term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstandingTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants and Rights Outstanding, Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OffsettingLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Offsetting financial liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OffsettingLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Offsetting Liabilities [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromCommercialRealEstateNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Securitizations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromCommercialRealEstateNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Commercial Real Estate Notes Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromCommercialRealEstateNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds from commercial real estate notes payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRETermReinvestmentFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE term reinvestment facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRETermReinvestmentFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CRE Term Reinvestment Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRETermReinvestmentFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">CRE Term Reinvestment Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntangibleAssetsNetExcludingGoodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Intangible Assets, Net (Excluding Goodwill), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntangibleAssetsNetExcludingGoodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangible assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntangibleAssetsNetExcludingGoodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Intangible Assets, Net (Excluding Goodwill)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromTermReinvestmentFinancingFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Term Reinvestment Financing Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromTermReinvestmentFinancingFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds from term reinvestment financing facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromTermReinvestmentFinancingFacility_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE - term reinvestment financing facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest in RCT II</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest In Rct Ii [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestInRctIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest in RCT II [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLeaseAndOtherLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reversal of credit losses, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLeaseAndOtherLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Provision for Loan, Lease, and Other Losses, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLeaseAndOtherLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">(Reversal of) provision for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLeaseAndOtherLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">(Reversal of) provision for credit losses, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Mortgage payable, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayable_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Mortgage payable, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives, Fair Value [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives, Fair Value [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ASSETS:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Assets of consolidated variable interest entities ("VIEs") included in total assets above:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfAssetTerminalCapRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Terminal cap rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfAssetTerminalCapRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Asset Terminal Cap Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FairValueOfAssetTerminalCapRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair value of asset terminal cap rate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInRealEstateEquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments In Real Estate Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInRealEstateEquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments In Real Estate Equity [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentsInRealEstateEquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in real estate, equity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansAndMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Whole Loans and Mezzanine Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansAndMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Whole Loans and Mezzanine Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansAndMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Whole Loans and Mezzanine Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableNumberOfModificationsContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">No of extension agreements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableNumberOfModificationsContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Number of Modifications Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivableNumberOfModificationsContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing receivable number of modifications contracts.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRCommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ACR Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRCommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACR Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRCommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACR Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Investment in Real Estate Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, Accumulated Depreciation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of accumulated other comprehensive loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesFvNiMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Securities, FV-NI, Measurement Input</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM INVESTING ACTIVITIES:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationShareConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Share Conversion Ratio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationShareConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">BusinessCombinationShareConversionRatio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationShareConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion Ratio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions paid on preferred stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Ordinary Dividends, Preferred Stock and Preference Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OfficeLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Office loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OfficeLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Office Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OfficeLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Office Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Right of use Assets Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease Right Of Use Asset Accumulated Depreciation And Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating lease right of use asset accumulated depreciation and amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="exch_JPCB_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">JP Morgan Chase Bank, N.A.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="exch_JPCB_lbl" xlink:role="http://www.xbrl.org/2003/role/label">JPMORGAN CHASE BANK N.A. LONDON BRANCH [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfLoansReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Sale of Loans Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfLoansReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from sale of CRE loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThreeWholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Three Whole Loans in Maturity Default</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThreeWholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Three Whole Loans In Maturity Default [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ThreeWholeLoansInMaturityDefaultMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Three whole loans in maturity default.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principles of Consolidation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConstructionInProgress_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction inprogress in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConstructionInProgress_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Construction In Progress</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConstructionInProgress_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed construction in progress.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in Real Estate, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Real Estate Investment Property, at Cost, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, at Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Redemption [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfUnvestedRestrictedStockUnitsRollForwardTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of restricted common stock transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfUnvestedRestrictedStockUnitsRollForwardTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Unvested Restricted Stock Units Roll Forward [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassGNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument class G notes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassGNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Class G Notes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassGNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Class G</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Loans and receivables by origination year write offs, 2021</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee payable - related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Other liabilities, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Liabilities, Carrying Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AmortizationOfTerminatedDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of terminated derivatives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AmortizationOfTerminatedDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Of Terminated Derivatives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AmortizationOfTerminatedDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortization of terminated derivatives.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInFinanceReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Finance Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInFinanceReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued interest outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoanCommitmentFund_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mezzanine loan commitment fund</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoanCommitmentFund_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mezzanine loan commitment fund</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MezzanineLoanCommitmentFund_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mezzanine loan commitment fund.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_NorthAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Northeast Region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_NorthAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">North America [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberOfOptionsToFirstExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of options to first extend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberOfOptionsToFirstExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Number Of Options To First Extend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberOfOptionsToFirstExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, number of options to first extend.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstatePropertiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Property Ownership [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GainLossOnDerivativesInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Gain (loss) on derivatives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GainLossOnDerivativesInstruments_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gain (loss) on derivatives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GainLossOnDerivativesInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain Loss On Derivatives Instruments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GainLossOnDerivativesInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gain (loss) on derivatives instruments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net loss allocable to common shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Disposal Group, Including Discontinued Operation, Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities held for sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group, Including Discontinued Operation, Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowSupplementalDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SUPPLEMENTAL CASH FLOW INFORMATION</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowSupplementalDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow, Supplemental Disclosures [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredInvestmentsInRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets acquired investments in real estate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredInvestmentsInRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets Acquired Investments in Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredInvestmentsInRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfCREWholeLoanCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of CRE whole loan commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfCREWholeLoanCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of CRE Whole Loan Commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfCREWholeLoanCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of CRE whole loan commitments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Instrument</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instrument [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReceiptOfRightOfUseAssetsNoncash_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Receipt of right of use assets, noncash.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReceiptOfRightOfUseAssetsNoncash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receipt Of Right Of Use Assets Noncash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReceiptOfRightOfUseAssetsNoncash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receipt of right of use assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReceiptOfRightOfUseAssetsNoncash_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Acquisition of other right of use assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_HotelPropertyGroundLeasePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hotel Property Ground Lease Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_HotelPropertyGroundLeasePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Hotel property ground lease payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_HotelPropertyGroundLeasePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DeferredAmendmentFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred amendment fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DeferredAmendmentFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Amendment Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DeferredAmendmentFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Deferred amendment fees amortized over the life of the loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESShareHoldingsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACRES Share Holdings, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESShareHoldingsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A C R E S Share Holdings L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESShareHoldingsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACRES Share Holdings, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESCapitalCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACRES Capital Corp.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESCapitalCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A C R E S Capital Corp [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESCapitalCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACRES Capital Corp</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total fair value of real estate owned property</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Fair Value Disclosure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Assets, Fair Value Disclosure, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of Loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">INVESTMENTS IN UNCONSOLIDATED ENTITIES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments and Joint Ventures Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash (used in) provided by investing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MidAtlanticRegionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mid Atlantic Regions [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MidAtlanticRegionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mid-Atlantic regions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MidAtlanticRegionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mid Atlantic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2026 Q3 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2026 Q3 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2026 Q3 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOnMortgagesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments on Mortgages Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOnMortgagesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payments on mortgages payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOnMortgagesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgages payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsOnMortgagesPayable_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Mortgages payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractualInterestRateReductionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Interest Rate Reduction [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractualInterestRateReductionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reduction in Interest Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">MARKET RISK AND DERIVATIVE INSTRUMENTS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments and Hedging Activities Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock repurchase program, remaining authorized repurchase amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program, Remaining Authorized, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-Average Grant-Date Fair Value, Forfeited</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfExtensionFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party debt, percentage of extension fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfExtensionFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Percentage Of Extension Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionPercentageOfExtensionFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction, percentage of extension fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Mortgage payable, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage payable, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Payable Accumulated Depreciation And Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage payable accumulated depreciation and amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagementFeesRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Base management fees paid by the Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagementFeesRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fees - related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagementFeesRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fees Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagementFeesRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment management fees paid to affiliated companies, pursuant to management agreements.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2023 Q3 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2023 Q3 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2023 Q3 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued interest receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Nonconsolidated Carrying Amount Accrued Interest Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable Interest Entity, Nonconsolidated, Carrying Amount, Accrued Interest Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument, Class B [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Class B [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Class B</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Remainder of Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Information [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LegalEntityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Legal Entity [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPaidInCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction incentive compensation paid in cash percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPaidInCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Incentive Compensation Paid In Cash Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPaidInCashPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incentive compensation paid in cash percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAndServicingAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan and servicing agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAndServicingAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan And Servicing Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAndServicingAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan and Servicing Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring and Nonrecurring [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liabilities, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityCost_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Lease liabilities, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease Liability Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilityCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating lease liability cost.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional Paid-in Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid-in Capital [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2026 Q1 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2026 Q1 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2026Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2026 Q1 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Frequency</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Frequency [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StockRepurchaseProgramAuthorizedAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock repurchase program, authorized amount (up to)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StockRepurchaseProgramAuthorizedAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Repurchase Program, Authorized, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Statement Location</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Income Location, Balance [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationCommonStockIssuedExpected_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Common Stock Issued Expected</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationCommonStockIssuedExpected_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">BusinessCombinationCommonStockIssuedExpected</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_BusinessCombinationCommonStockIssuedExpected_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common StockI ssued Expected</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accounting standards adopted date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change in Accounting Principle, Accounting Standards Update, Adoption Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRELoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans Pledged as Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRELoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">C R E Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRELoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">CRE Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Related Party Transactions By Related Party [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireFurnitureAndFixtures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Furniture and Fixtures</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireFurnitureAndFixtures_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Purchases of furniture and fixtures</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_DirectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Directors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_DirectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Director [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromDebtAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from borrowings:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromDebtAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Debt [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ProceedsFromDebtAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds From Debt [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Activity in Allowance for Credit Losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Allowance for Credit Loss [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM FINANCING ACTIVITIES:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recurring Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incentive management fee pursuant to the management agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incentive Compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_IncentiveCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Incentive compensation.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Equity Method Investments [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Equity Method Investments [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacificAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pacific Region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacificAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pacific America [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacificAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Pacific america.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Subtotal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, liquidation preference (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Liquidation Preference Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less: impact of discount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, Undiscounted Excess Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablePortfolioSegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable Portfolio Segment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablePortfolioSegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Portfolio Segment [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GrossProfitLossFromRealEstateOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GrossProfitLossFromRealEstateOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gross Profit Loss From Real Estate Operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GrossProfitLossFromRealEstateOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gross profit (loss) from real estate operations.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostMaturingYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying amount of investment in loans maturing in the second fiscal year following the latest fiscal year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostMaturingYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Life Real Estate Loans Amortized Cost Maturing Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostMaturingYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025 / 2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageLifeRealEstateLoansAmortizedCostMaturingYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One year Extension Option [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">One year extension option.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneYearExtensionOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">One-Year Extension Option</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagerPursuantToManagementAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Manager Pursuant To Management Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagerPursuantToManagementAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Manager Pursuant To Management Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagerPursuantToManagementAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Manager Pursuant To Management Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagerPursuantToManagementAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Type of related party.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Components [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Components</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToFirstExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option to first extend, term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToFirstExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Term, Option to First Extend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToFirstExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, term, option to extend.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccretionIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accretion income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccretionIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accretion Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AccretionIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accretion income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentFacilityAmountToBeIncreased_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument facility amount to be increased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentFacilityAmountToBeIncreased_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument facility amount to be increased.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentFacilityAmountToBeIncreased_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Facility amount be increased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonaccrualStatusWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Whole Loan in Nonaccrual Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonaccrualStatusWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nonaccrual Status Whole Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NonaccrualStatusWholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Nonaccrual status whole loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2024 Q2 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2024 Q2 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2024Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2024 Q2 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nonoperating Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other income (expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Component</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Component [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageNumberOfWarrantsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average number of warrants outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageNumberOfWarrantsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number Of Warrants Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WeightedAverageNumberOfWarrantsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average number of warrants outstanding.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds received from non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Noncontrolling Interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OaktreeCapitalManagementLPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Oaktree Capital Management L P [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OaktreeCapitalManagementLPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Oaktree capital management, L.P.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OaktreeCapitalManagementLPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Oaktree Capital Management L P [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Securitizations_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Securitizations.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Securitizations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securitizations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Securitizations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Securitizations outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountBorrowedFunds_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountBorrowedFunds_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Nonconsolidated Carrying Amount Borrowed Funds</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_VariableInterestEntityNonconsolidatedCarryingAmountBorrowedFunds_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable Interest Entity, Nonconsolidated, Carrying Amount, Borrowed Funds</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestAndFeeIncomeLoansHeldInPortfolio_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestAndFeeIncomeLoansHeldInPortfolio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestAndFeeIncomeLoansHeldInPortfolio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest And Fee Income Loans Held In Portfolio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestAndFeeIncomeLoansHeldInPortfolio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial loans, and bank loans, which were acquired by the Entity (2) loans held-for-sale.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GroundLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ground leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GroundLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ground Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_GroundLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Ground leases.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoanRestructuringModificationNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Restructuring Modification Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Acquisition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NetRealizedGainLossOnDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Realized loss on derivatives, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NetRealizedGainLossOnDerivatives_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Realized loss on derivatives, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NetRealizedGainLossOnDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized Gain Loss On Derivatives</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NetRealizedGainLossOnDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net realized gain (loss) on derivatives.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtPercentageBearingFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fixed rate of interest on loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtPercentageBearingFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Percentage Bearing Fixed Interest, Percentage Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Writeoff</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Loans and receivables by origination year write offs, 2021</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MassachusettsMutualLifeInsuranceCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">MassMutual</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MassachusettsMutualLifeInsuranceCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Massachusetts mutual life insurance company.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MassachusettsMutualLifeInsuranceCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Massachusetts Mutual Life Insurance Company [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MassachusettsMutualLifeInsuranceCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Massachusetts Mutual Life Insurance Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherInterestAndDividendIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherInterestAndDividendIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Interest and Dividend Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FloridaPaceFundingAgencyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Florida Pace Funding Agency</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FloridaPaceFundingAgencyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Florida Pace Funding Agency[Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FloridaPaceFundingAgencyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Florida pace funding agency.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Depreciation, Depletion and Amortization, Nonproduction, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Corporate depreciation and amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation, Depletion and Amortization, Nonproduction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Depreciation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">CRE loans, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, after Allowance for Credit Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">CRE loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtDefaultMinimumPercentageOfAggregatePrincipalAmountOfOutstandingNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Default Minimum Percentage Of Aggregate Principal Amount Of Outstanding Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtDefaultMinimumPercentageOfAggregatePrincipalAmountOfOutstandingNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt default, minimum percentage of aggregate principal amount of outstanding notes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtDefaultMinimumPercentageOfAggregatePrincipalAmountOfOutstandingNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum percentage of aggregate principal amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Comprehensive Income [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentNonconsolidatedInvesteeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Nonconsolidated Investee [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareIssuanceAndRepurchaseDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SHARE ISSUANCE AND REPURCHASE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareIssuanceAndRepurchaseDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Issuance And Repurchase Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareIssuanceAndRepurchaseDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share issuance and repurchase disclosure.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Date Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date to be Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DesignatedAsHedgingInstrumentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Designated as Hedging Instrument [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DesignatedAsHedgingInstrumentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Designated as Hedging Instrument</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansInExtensionOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Whole Loan in Extension Option</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansInExtensionOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Whole Loans In Extension Option [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansInExtensionOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Whole loans in extension option.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Intangible Assets, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Accumulated Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Value, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, par value $0.001: 41,666,666 shares authorized; 7,131,101 and 6,887,451 shares issued and outstanding (including 572,236 and 328,586 unvested restricted shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsForUnderwritingExpenseAndOtherOfferingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments For Underwriting Expense And Other Offering Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsForUnderwritingExpenseAndOtherOfferingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payments for underwriting expense and other offering expense.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PaymentsForUnderwritingExpenseAndOtherOfferingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Underwriting discounts and other offering expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2023 Q2 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2023 Q2 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2023Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2023 Q2 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net (income) loss allocated to non-controlling interests</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstatePreferredEquityInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE Preferred Equity Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstatePreferredEquityInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Preferred Equity Investment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstatePreferredEquityInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial real estate preferred equity investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributedEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings related to distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributedEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributed Earnings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributedEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Distributed Earnings, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestRateFloatingPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestRateFloatingPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable Interest Rate Floating Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableInterestRateFloatingPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans receivable interest rate floating percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchase price of common stock for warrants issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants and Rights Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Master repurchase agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Master Repurchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Master Repurchase Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityCompensationRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity compensation - related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityCompensationRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Compensation Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityCompensationRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non cash equity compensation expense comprised of restricted stock and options granted to the manager, non-employees, and non-employee directors.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsToNoncontrollingInterestHolderStockAccruedButNotPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions to non-controlling interests accrued but not paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DistributionsToNoncontrollingInterestHolderStockAccruedButNotPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distributions to noncontrolling interest holder stock accrued but not paid.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OmnibusEquityCompensationPlan2007Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2007 Omnibus Equity Compensation Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OmnibusEquityCompensationPlan2007Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Omnibus Equity Compensation Plan2007 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OmnibusEquityCompensationPlan2007Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock compensation plan approved by the board of directors.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivablesAfterDeferredIncomeOffset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing receivables after deferred income offset.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivablesAfterDeferredIncomeOffset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivables After Deferred Income Offset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FinancingReceivablesAfterDeferredIncomeOffset_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Loans and receivables by origination year, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESSPE2025-1LLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACRES SPE 2025-1, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESSPE2025-1LLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ACRES SPE 2025-1, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACRESSPE2025-1LLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACRES SPE 2025-1, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LandLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land Lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LandLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land Lease [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LandLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Land lease.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Weighted Average Number of Shares [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reconciliation of basic and diluted income per common share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment In Real Estate And Other Acquired Assets And Assumed Liabilities [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Real Estate And Other Acquired Assets And Assumed Liabilities [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in real estate and other acquired assets and assumed liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan Modification Two [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Modification Two [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanModificationTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan Modification 2</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Expected Amortization Expense on Intangible Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MiddleEastMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Middle East [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MiddleEastMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">East North Central Region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EastNorthCentralRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">East north central region.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EastNorthCentralRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">East North Central Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EastNorthCentralRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">East North Central</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock, shares authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, shares authorized (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfOwnershipInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of ownership interest.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfOwnershipInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Ownership Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfOwnershipInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total operating expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Costs and Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finite-Lived Intangible Assets by Major Class</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets by Major Class [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Information with respect to borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Debt [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SaleOfStockWeightedAveragePricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, weighted average issuance price (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SaleOfStockWeightedAveragePricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale Of Stock Weighted Average Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SaleOfStockWeightedAveragePricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sale of Stock, Weighted Average Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstatePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Real Estate Policy [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstatePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in real estate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InvestmentInRealEstatePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lender Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lender Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FivePointSevenFivePercentSeniorUnsecuredNotesDueTwoThousandTwentySixMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">5.75% Senior Unsecured Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FivePointSevenFivePercentSeniorUnsecuredNotesDueTwoThousandTwentySixMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Five Point Seven Five Percent Senior Unsecured Notes Due Two Thousand Twenty Six [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FivePointSevenFivePercentSeniorUnsecuredNotesDueTwoThousandTwentySixMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Five point seven five percent senior unsecured notes due two thousand twenty six.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneMonthSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">One Month SOFR</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneMonthSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">One Month S O F R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OneMonthSOFRMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One Month S O F R [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ParkingLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Parking Lease [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ParkingLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Parking lease.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ParkingLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Parking Lease</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilitiesAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating lease liability accumulated depreciation and amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilitiesAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease Liabilities Accumulated Depreciation And Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilitiesAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liabilities, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OperatingLeaseLiabilitiesAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Lease liabilities, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndOtherAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts payable and other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndOtherAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Payable and Other Accrued Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts Notes And Loans Receivable [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal balance individually evaluated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Allowance for Credit Loss, Individually Evaluated</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fair value of loan held for sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">BORROWINGS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacificRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pacific Region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacificRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pacific Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacificRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Pacific Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacificRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Pacific</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestOwnershipPercentageOnOutstandingDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest ownership percentage on outstanding debt.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestOwnershipPercentageOnOutstandingDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Ownership Percentage On Outstanding Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestOwnershipPercentageOnOutstandingDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest ownership percentage on outstanding debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization expense on intangible assets during 2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReferenceRateReformPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reference Rate Reform</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReferenceRateReformPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reference Rate Reform [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ReferenceRateReformPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reference rate reform.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionLoanAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party transaction, loan amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionLoanAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Loan Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionLoanAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction loan amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Nonoperating Income (Expense), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Nonoperating Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Additional Paid in Capital, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional paid-in capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid in Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Income Loss [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income (Loss) [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesDPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series D Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesDPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series D Preferred Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredPropertiesHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets acquired Properties held for sale.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredPropertiesHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets acquired Properties held for sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredPropertiesHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Properties held for sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredSharesRepurchasedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred Shares Repurchased Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredSharesRepurchasedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Shares Repurchased Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredSharesRepurchasedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred shares repurchased duringperiod, value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Secured Overnight Financing Rate (SOFR)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">one-month SOFR Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Payable [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage Payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgages Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MortgagePayableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mortgage Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization expense on intangible assets during 2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACR2026FL4SeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ACR 2026 FL4 Senior Notes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACR2026FL4SeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACR 2026 FL4 Senior Notes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ACR2026FL4SeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACR 2026-FL4 Senior Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income Tax Expense (Benefit), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Income tax expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Frequency</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Frequency [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Based Compensation Arrangement By Share Based Payment Award [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfExpensesOfIntangibleAssetsRightOfUseAssetsAndLeasesRelatedToInvestmentsInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Expenses of Intangible Assets, Right of Use Assets and Leases Related to Investments in Real Estate and Other Acquired Assets and Assumed Liabilities [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfExpensesOfIntangibleAssetsRightOfUseAssetsAndLeasesRelatedToInvestmentsInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of expenses of intangible assets, right of use assets and leases related to investments in real estate and other acquired assets and assumed liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SummaryOfExpensesOfIntangibleAssetsRightOfUseAssetsAndLeasesRelatedToInvestmentsInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Expenses of Intangible Assets, Right of Use Assets and Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary, Ownership Percentage, Noncontrolling Owner</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership percentage of subsidiary</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities Assumed, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedCost_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Liabilities Assumed, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities Assumed Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilitiesAssumedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liabilities assumed cost.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Entity Common Stock, Shares Outstanding (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseRemainingLeaseTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating lease, remaining lease term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseRemainingLeaseTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Remaining Lease Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accumulated Other Comprehensive Income (Loss), Net of Tax, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated other comprehensive loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialRealEstatePortfolioSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">CRE Securitizations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialRealEstatePortfolioSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Real Estate Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialRealEstatePortfolioSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Portfolio Segment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilityAssumedAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Liabilities Assumed, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilityAssumedAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities Assumed, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilityAssumedAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liability Assumed Accumulated Depreciation And Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LiabilityAssumedAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liability assumed accumulated depreciation and amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issued (shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MinimumBalanceOfUnencumberedLiquidityToBeMaintained_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum Balance of Unencumbered Liquidity to be Maintained</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MinimumBalanceOfUnencumberedLiquidityToBeMaintained_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Minimum balance of unencumbered liquidity to be maintained.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MinimumBalanceOfUnencumberedLiquidityToBeMaintained_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum balance of unencumbered liquidity to be maintained</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InsuranceLimitPerRespectiveDepositoryBrokerageInstitution_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Insurance limit per respective depository or brokerage institution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InsuranceLimitPerRespectiveDepositoryBrokerageInstitution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Insurance Limit per Respective Depository Brokerage Institution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InsuranceLimitPerRespectiveDepositoryBrokerageInstitution_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Insurance limit per respective depository brokerage institution.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total assets of consolidated VIEs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation arrangement by share-based payment award, equity instruments other than options expected to vest, year two.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2028</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Financing Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Financing Receivable [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable Recorded Investment Past Due [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Past Due [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCostAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease Cost:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCostAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease, Cost [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Vested (shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">NET LOSS PER COMMON SHARE - DILUTED</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net loss per common share - diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Five</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization expense on intangible assets during 2029</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">2031</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SoutheastRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">US Southeast Region [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SoutheastRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Southeast</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SoutheastRegionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Southeast Region</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualWithRelationshipToEntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of Individual</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualWithRelationshipToEntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title and Position [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Related party debt, maturity month and year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Maturity Month And Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan maturity month and year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LOANS HELD FOR INVESTMENT</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Held For Investment [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansHeldForInvestmentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">-- None. No documentation exists for this element. --</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLossesExpensed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Credit Loss, Expense (Reversal)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLossesExpensed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reversal of credit losses, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ConstructionLoanAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Constraction Loan Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ConstructionLoanAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction Loan Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ConstructionLoanAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Construction loan agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherLiabilitiesCostBasis_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Other liabilities, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherLiabilitiesCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherLiabilitiesCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other liabilities, cost basis.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OtherLiabilitiesCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Liabilities, Cost Basis</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value of securities pledged against term warehouse financing facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Sold under Agreements to Repurchase, Fair Value of Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Outstanding Borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Face amount of debt issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">CRE loan amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CRE loan amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassASMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument class A-S.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassASMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Class A S [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentClassASMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Class A-S</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum facility amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialAssetPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Past Due</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialAssetPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Asset, Past Due [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NameOfReceivableWithImputedInterestDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Name of Receivable with Imputed Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NameOfReceivableWithImputedInterestDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Name of Receivable with Imputed Interest [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">VIE, Not Primary Beneficiary</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity, Not Primary Beneficiary [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestStakePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest stake percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestStakePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest stake percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_InterestStakePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Stake Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OfficeBuildingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Office Building [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OfficeBuildingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Office</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SubsidiaryOfACRESRealtyFundingIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subsidiary of ACRES Realty Funding, Inc.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SubsidiaryOfACRESRealtyFundingIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary Of A C R E S Realty Funding Inc [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SubsidiaryOfACRESRealtyFundingIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsidiary of ACRES Realty Funding, Inc</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_SubsidiaryOfACRESRealtyFundingIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">ACRES RF</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateHeldforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Properties held for sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateHeldforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate, Held-for-Sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateHeldforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Real estate held for sale carrying value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ClassOfLoansWithImputedInterestDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The class of loans with imputed interest domain.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ClassOfLoansWithImputedInterestDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Loans With Imputed Interest [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ClassOfLoansWithImputedInterestDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class Of Loans With Imputed Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Counterparty Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JuniorSubordinatedNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Junior subordinated notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JuniorSubordinatedNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Junior Subordinated Notes Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JuniorSubordinatedNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The carrying amount of junior subordinated notes payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Reclassification adjustments associated with net unrealized losses from interest rate swaps included in interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OceanviewLifeAndAnnuityCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Oceanview Life and Annuity Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OceanviewLifeAndAnnuityCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Oceanview Life and Annuity Company [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_OceanviewLifeAndAnnuityCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Oceanview Life and Annuity Company [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberofPositionsasCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of Positions as Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberofPositionsasCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Numberof Positionsas Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentNumberofPositionsasCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt Instrument, Number of Positions as Collateral</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_LitigationCaseAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Litigation Case</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_LitigationCaseAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Litigation Case [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average remaining lease term:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Weighted Average Remaining Lease Term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MassachusettsMutualLifeInsuranceCompanyAndOtherLendersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Massachusetts mutual life insurance company and other lenders.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MassachusettsMutualLifeInsuranceCompanyAndOtherLendersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Massachusetts Mutual Life Insurance Company And Other Lenders [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MassachusettsMutualLifeInsuranceCompanyAndOtherLendersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">MassMutual and Other Lenders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Maximum facility amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, maximum borrowing capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maximum Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, maximum borrowing capacity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and Cash Equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CharlesStreetACRESOsceolaStudentJointVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Charles Street ACRES Osceola Student Joint Venture, LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CharlesStreetACRESOsceolaStudentJointVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Charles Street-ACRES Osceola Student Joint Venture, LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CharlesStreetACRESOsceolaStudentJointVentureLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CS-ACRES Osceola Student Joint Venture, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MccallumJointVentureLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">7720 McCallum JV, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MccallumJointVentureLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">McCallum Joint Venture LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MccallumJointVentureLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">McCallum Joint Venture LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacmultiJVLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pacmulti JV LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacmultiJVLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Pacmulti JV LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PacmultiJVLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pacmulti JV LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Indebtedness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total indebtedness</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Indebtedness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indebtedness</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Indebtedness_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Indebtedness to the Manager, pursuant to management agreements.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagementContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management Contract</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagementContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Contract [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ManagementContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Management Contract.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalFundingsOfCreLoans_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Principal fundings of CRE loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalFundingsOfCreLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principal Fundings of CRE Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PrincipalFundingsOfCreLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principal fundings of CRE loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfReceivablesWithImputedInterestTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Receivables with Imputed Interest [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfReceivablesWithImputedInterestTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of loans held for Investments by Asset type, Property type, and Geographic location</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Construction loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardRestrictedStockUnitsVestedAndExpectedToVestTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangements by Share-Based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardRestrictedStockUnitsVestedAndExpectedToVestTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of unvested shares of restricted common stock expected to vest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeBenefitsAndShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recognized stock-based compensation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeBenefitsAndShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Employee Benefits and Share-Based Compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Underwriting discounts and offering costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Stock Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonStockRestrictedShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, shares issued, non-vested restricted shares (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonStockRestrictedShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Restricted Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommonStockRestrictedShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Total number of common shares of an entity that are granted but restricted for a given period time.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Acr2021Fl2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">ACR 2021-FL2 Senior Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Acr2021Fl2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">ACR 2021-FL2 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_Acr2021Fl2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACR 2021-FL2.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average discount rate:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Weighted Average Discount Rate, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 1 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by (used in) financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Outstanding Borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Outstanding Borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPaidInCommonStockPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Incentive Compensation Paid In Common Stock Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPaidInCommonStockPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction incentive compensation paid in common stock percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPaidInCommonStockPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incentive compensation paid in common stock percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Operating Lease Costs and Cash Payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease, Cost [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accounting standards adopted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change in Accounting Principle, Accounting Standards Update, Adopted [true false]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unamortized Debt Issuance Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unamortized debt issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and receivables by origination year, 2023/2022</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Investments in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment for (Proceeds from) Real Estate, Held-for-Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payments for (Proceeds from) Real Estate Held-for-investment, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Contract</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Contract [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAmountSold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE whole loan commitment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAmountSold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">loan Amount Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoanAmountSold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">loan amount sold.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Assets Acquired, Accumulated Depreciation &amp; Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets Acquired Accumulated Depreciation And Amortization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_AssetsAcquiredAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assets acquired accumulated depreciation and amortization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfReceivablesWithImputedInterestNameOfReceivableWithImputedInterestAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Receivables with Imputed Interest, Name of Receivable with Imputed Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfReceivablesWithImputedInterestNameOfReceivableWithImputedInterestAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Receivables with Imputed Interest, Name of Receivable with Imputed Interest [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FloatingRateBorrowingsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Floating rate borrowings value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FloatingRateBorrowingsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Floating Rate Borrowings value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_FloatingRateBorrowingsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Floating rate borrowings value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LitigationReserve_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated litigation liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LitigationReserve_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Estimated Litigation Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RevenuesLessOperatingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net interest and other revenues less operating expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RevenuesLessOperatingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues Less Operating Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RevenuesLessOperatingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The net amount of revenues from interest income less operating expenses, excluding realized and unrealized investment gains and losses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncentiveCompensationExpensePayableInCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of incentive management fee payable in cash pursuant to the management agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncentiveCompensationExpensePayableInCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Incentive Compensation Expense Payable in Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PercentageOfIncentiveCompensationExpensePayableInCash_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of incentive compensation expense payable in cash.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityInIncomeLossesOfUnconsolidatedSubsidiaries_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity in (income) losses of unconsolidated subsidiaries</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityInIncomeLossesOfUnconsolidatedSubsidiaries_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equityin(income)losses ofunconsolidatedsubsidiaries.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_EquityInIncomeLossesOfUnconsolidatedSubsidiaries_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity in (earnings) losses of unconsolidated subsidiaries</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAndSecuritiesAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Master repurchase and securities agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAndSecuritiesAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Master Repurchase And Securities Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_MasterRepurchaseAndSecuritiesAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Master Repurchase and Securities Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashFinancingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-cash continuing financing activities include the following:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashFinancingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow Continuing Operations Noncash Financing Activities Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashFinancingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">-- None. No documentation exists for this element. --</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashFinancingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Non-cash financing activities include the following:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Statement Location</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Income Location, Balance [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureItemAmountsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureItemAmountsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashOperatingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cash flow continuing operations noncash operating activities disclosure.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashOperatingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow Continuing Operations Noncash Operating Activities Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CashFlowContinuingOperationsNoncashOperatingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-cash operating activities include the following:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM OPERATING ACTIVITIES:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivableAfterAllowanceForCreditLossRelatedPartyTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivableAfterAllowanceForCreditLossRelatedPartyTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Receivable, after Allowance for Credit Loss, Related Party [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoanRestructuringModificationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Restructuring Modification [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option to extend, term</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Term Option To Extend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_DebtInstrumentTermOptionToExtend_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, term, option to extend.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WarehouseFinancingFacilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warehouse financing facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WarehouseFinancingFacilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warehouse Financing Facilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WarehouseFinancingFacilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Warehouse financing facilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInformationWithSecuritizationsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Information with Securitizations [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInformationWithSecuritizationsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule Of Information with Securitizations.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfInformationWithSecuritizationsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Information with Securitization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate, Type of Property [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JonesTradingInstitutionalServicesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">JonesTrading Institutional Services LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JonesTradingInstitutionalServicesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Jones Trading Institutional Services L L C [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_JonesTradingInstitutionalServicesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">JonesTrading Institutional Services LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingExpenseInformationUsedByCodmTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Expense Information Used by CODM, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AboveMarketLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above-market Leases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AboveMarketLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Leases [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend per share (in dollars per share)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Dividends, Per Share, Declared</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionMonthlyAmortizationPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party transaction, monthly amortization payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionMonthlyAmortizationPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Monthly Amortization Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionMonthlyAmortizationPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction, monthly amortization payment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainsLossesOnSalesOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gains (Losses) on Sales of Investment Real Estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainsLossesOnSalesOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain on sale of investment in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainsLossesOnSalesOfInvestmentRealEstate_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gain on sale of investment in real estate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RealEstateInvestmentHeldForSaleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Held For Sale [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RealEstateInvestmentHeldForSaleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Real estate investment held for sale.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RealEstateInvestmentHeldForSaleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Properties Held for Sale</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationNonemployeeAndDirectors_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of stock-based compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationNonemployeeAndDirectors_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Nonemployee And Directors</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ShareBasedCompensationNonemployeeAndDirectors_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The aggregate amount of noncash, equity-based nonemployee and directors remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">EQUITY</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfSecuritizationEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of securitization entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfSecuritizationEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Securitization Entities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NumberOfSecuritizationEntities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of securitization entities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Mezzanine Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial Real Estate Mezzanine Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CommercialRealEstateMezzanineLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CRE Mezzanine Loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenuesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">REVENUES</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenuesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableFixedInterestRateIncludingDeferredInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contractual Interest Rates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableFixedInterestRateIncludingDeferredInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable Fixed Interest Rate Including Deferred Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LoansReceivableFixedInterestRateIncludingDeferredInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans Receivable, Fixed Interest Rate Including Deferred Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredStockDividendPaymentRateVariableBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend payment rate, variable, basis spread on variable rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredStockDividendPaymentRateVariableBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Dividend Payment Rate Variable Basis Spread On Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_PreferredStockDividendPaymentRateVariableBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred Stock, Dividend Payment Rate, Variable, Basis Spread on Variable Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-Term Debt, Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2025 Q1 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O2025 Q1 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_O2025Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O2025 Q1 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LOANS</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans, Notes, Trade and Other Receivables Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to Additional Paid in Capital, Increase in Carrying Amount of Redeemable Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock redemption</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRETermWarehouseFinancingFacilityOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CRE Term Warehouse Financing Facility One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRETermWarehouseFinancingFacilityOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">CRE Term Warehouse Financing Facility One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_CRETermWarehouseFinancingFacilityOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">CRE - Term Warehouse Financing Facilities One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ClassOfLoansWithImputedInterestAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The class of loans with imputed real estate axis.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ClassOfLoansWithImputedInterestAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Loans With Imputed Interest [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ClassOfLoansWithImputedInterestAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class Of Loans With Imputed Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ManagementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Manager</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ManagementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Income Loss [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income (Loss) [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NoteAndWarrantPurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Note And Warrant Purchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NoteAndWarrantPurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Note and warrant purchase agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_NoteAndWarrantPurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Note And Warrant Purchase Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RetailSiteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retail Site [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RetailSiteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retail</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incentive compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction Incentive Compensation Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_RelatedPartyTransactionIncentiveCompensationPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Related party transaction incentive compensation payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">CRE whole loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Whole Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Whole Loans [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_WholeLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial real estate loans classified as whole loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedDistributionsInExcessOfNetIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accumulated Distributions in Excess of Net Income, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedDistributionsInExcessOfNetIncome_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions in excess of earnings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedDistributionsInExcessOfNetIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Distributions in Excess of Net Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value of joint venture</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfEstimatedUsefulLivesOfAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Investments in Real Estate and Amortizes Intangible Assets Over The Estimated Useful Lives of Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfEstimatedUsefulLivesOfAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Estimated Useful Lives Of Assets Table [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_ScheduleOfEstimatedUsefulLivesOfAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of estimated useful lives of assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Offering costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivableRecordedInvestmentCreditQualityIndicatorTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Financing Receivable Recorded Investment Credit Quality Indicator [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivableRecordedInvestmentCreditQualityIndicatorTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Credit Quality Indicator [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Policies [Abstract]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="acr_LongTermDebtMaturingInYearFourAndAfter_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long-term debt, maturing in year four and after.</link:label>
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  <xsd:element id="acr_ThirdPropertyMember" name="ThirdPropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MarketRateForFees" name="MarketRateForFees" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_CashFlowContinuingOperationsNoncashInvestingActivitiesDisclosureAbstract" name="CashFlowContinuingOperationsNoncashInvestingActivitiesDisclosureAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_OfficeLoanMember" name="OfficeLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_CommercialRealEstatePreferredEquityInvestmentMember" name="CommercialRealEstatePreferredEquityInvestmentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConstructionInProgress" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConstructionInProgress" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_LoanAmountPurchased" name="LoanAmountPurchased" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_CommonSharesRepurchased" name="CommonSharesRepurchased" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_FivePointSevenFivePercentSeniorUnsecuredNotesDueTwoThousandTwentySixMember" name="FivePointSevenFivePercentSeniorUnsecuredNotesDueTwoThousandTwentySixMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoanMaturityDate" name="LoanMaturityDate" type="xbrli:dateItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_AssetsAndLiabilitiesNet" name="AssetsAndLiabilitiesNet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_CRETermReinvestmentFacility" name="CRETermReinvestmentFacility" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_O2026Q1DividendsMember" name="O2026Q1DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PacmultiAffiliatesJVLLCMember" name="PacmultiAffiliatesJVLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RealEstateInvestmentHeldForSaleMember" name="RealEstateInvestmentHeldForSaleMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LiabilitiesAssumedIntangibleLiabilities" name="LiabilitiesAssumedIntangibleLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_NumberOfCREWholeLoanCommitments" name="NumberOfCREWholeLoanCommitments" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_CreTermWarehouseFinancingFacilityMember" name="CreTermWarehouseFinancingFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentTermOptionToFirstExtend" name="DebtInstrumentTermOptionToFirstExtend" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_VariableInterestEntityNonconsolidatedCarryingAmountCRELoans" name="VariableInterestEntityNonconsolidatedCarryingAmountCRELoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DebtInstrumentTermOptionToExtend" name="DebtInstrumentTermOptionToExtend" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_RelatedPartyTransactionIncentiveCompensationSharesPayable" name="RelatedPartyTransactionIncentiveCompensationSharesPayable" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_WeightedAverageLifeRealEstateLoansAmortizedCostRemainderOfFiscalYear" name="WeightedAverageLifeRealEstateLoansAmortizedCostRemainderOfFiscalYear" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_ScheduleOfInvestmentsInRealEstateFromLendingActivitiesAssetAcquiredTableTextBlock" name="ScheduleOfInvestmentsInRealEstateFromLendingActivitiesAssetAcquiredTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_OperatingLeaseLiabilityCost" name="OperatingLeaseLiabilityCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_NonAcquiredOperatingLeaseRightOfUseAsset" name="NonAcquiredOperatingLeaseRightOfUseAsset" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_TotalLoanAmountSold" name="TotalLoanAmountSold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleSeniorNotes" name="AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleSeniorNotes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_O2023Q4DividendsMember" name="O2023Q4DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LiabilitiesAssumedOtherLiabilities" name="LiabilitiesAssumedOtherLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_WholeLoansInExtensionOptionMember" name="WholeLoansInExtensionOptionMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_CashlessWarrantsMember" name="CashlessWarrantsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoanModificationTwoMember" name="LoanModificationTwoMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_WholeLoansInMaturityDefaultMember" name="WholeLoansInMaturityDefaultMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentFacilityAmountToBeIncreased" name="DebtInstrumentFacilityAmountToBeIncreased" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_InterestStakePercentage" name="InterestStakePercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_ManagerPursuantToManagementAgreementMember" name="ManagerPursuantToManagementAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DistributionsTextBlock" name="DistributionsTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_CommercialRealEstateMezzanineLoansMember" name="CommercialRealEstateMezzanineLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PercentageOfIncentiveCompensationExpensePayableInCommonStock" name="PercentageOfIncentiveCompensationExpensePayableInCommonStock" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_NumberOfLoan" name="NumberOfLoan" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_WholeLoansAndMezzanineLoansMember" name="WholeLoansAndMezzanineLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PreferredStockDividendPaymentRateVariableBasisSpreadOnVariableRate" name="PreferredStockDividendPaymentRateVariableBasisSpreadOnVariableRate" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_DebtInstrumentDecreaseBorrowingCapacity" name="DebtInstrumentDecreaseBorrowingCapacity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_OceanviewLifeAndAnnuityCompanyMember" name="OceanviewLifeAndAnnuityCompanyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoanModificationOneMember" name="LoanModificationOneMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_SeniorLoanRevenueRecognized" name="SeniorLoanRevenueRecognized" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_InterestInRctIMember" name="InterestInRctIMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ACCCommonStockMember" name="ACCCommonStockMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_OneYearExtensionOptionFiburcateOneMember" name="OneYearExtensionOptionFiburcateOneMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_BusinessCombinationCommonStockIssuedExpected" name="BusinessCombinationCommonStockIssuedExpected" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_O2024Q1DividendsMember" name="O2024Q1DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_IncentiveCompensationStockPercentage" name="IncentiveCompensationStockPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_DerivativesNumberOfInstrumentsTerminated" name="DerivativesNumberOfInstrumentsTerminated" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_MixedUseMember" name="MixedUseMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RelatedPartyTransactionEstablishedBookValueTargetPerShare" name="RelatedPartyTransactionEstablishedBookValueTargetPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_ProceedsFromCommercialRealEstateNotesPayable" name="ProceedsFromCommercialRealEstateNotesPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_CommercialRealEstateWholeLoansMember" name="CommercialRealEstateWholeLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_TotalAssetsAcquired" name="TotalAssetsAcquired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_O2025Q1DividendsMember" name="O2025Q1DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_FourthPropertyMember" name="FourthPropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestPayable" name="VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact" name="OperatingLossCarryforwardsValuationAllowanceTaxExpenseImpact" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_O2023Q3DividendsMember" name="O2023Q3DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoanModificationThreeMember" name="LoanModificationThreeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MortgagePayableAccumulatedDepreciationAndAmortization" name="MortgagePayableAccumulatedDepreciationAndAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DebtInstrumentNumberOfOptionsToExtend" name="DebtInstrumentNumberOfOptionsToExtend" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_SevenPointEightSevenFivePercentageSeriesDCumulativeRedeemablePreferredStockMember" name="SevenPointEightSevenFivePercentageSeriesDCumulativeRedeemablePreferredStockMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MasterRepurchaseAndSecuritiesContractAgreementMember" name="MasterRepurchaseAndSecuritiesContractAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RelatedPartyTransactionLoanAmount" name="RelatedPartyTransactionLoanAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_AmortizationOfTerminatedDerivatives" name="AmortizationOfTerminatedDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_RelatedPartyTransactionPercentageOfOwnershipBeforeTransaction" name="RelatedPartyTransactionPercentageOfOwnershipBeforeTransaction" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_WeightedAverageLifeRealEstateLoansAmortizedCostMaturingYearTwo" name="WeightedAverageLifeRealEstateLoansAmortizedCostMaturingYearTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_VariableInterestEntityListingDomain" name="VariableInterestEntityListingDomain" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RetainedEarningsAccumulatedDistributionsInExcessOfNetIncomeMember" name="RetainedEarningsAccumulatedDistributionsInExcessOfNetIncomeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LiabilitiesHeldForSaleLiabilitiesCostBasis" name="LiabilitiesHeldForSaleLiabilitiesCostBasis" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearThree" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearThree" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_Rating3Member" name="Rating3Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PrincipalPaymentsReceivedOnLoanDueFromManager" name="PrincipalPaymentsReceivedOnLoanDueFromManager" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_RelatedPartyTransactionLoanOutstandingAmount" name="RelatedPartyTransactionLoanOutstandingAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_EquityDistributionAgreementMember" name="EquityDistributionAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PaymentOnTermReinvestmentFinancingFacility" name="PaymentOnTermReinvestmentFinancingFacility" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_IncentiveCompensationCashPercentage" name="IncentiveCompensationCashPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_FairValueOfNetAssetsAcquired" name="FairValueOfNetAssetsAcquired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_LiabilityHeldForSaleLiabilitiesCarryingValue" name="LiabilityHeldForSaleLiabilitiesCarryingValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_Securitizations" name="Securitizations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_PreferredEquityInvestmentMember" name="PreferredEquityInvestmentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RelatedPartyTransactionAllowablePercentageAfterTransaction" name="RelatedPartyTransactionAllowablePercentageAfterTransaction" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_InterestAndFeeIncomeLoansHeldInPortfolio" name="InterestAndFeeIncomeLoansHeldInPortfolio" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_OtherInformationAbstract" name="OtherInformationAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_TermReinvestmentFinancingMember" name="TermReinvestmentFinancingMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ConstructionLoanAgreementMember" name="ConstructionLoanAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_NetRealizedGainLossOnDerivatives" name="NetRealizedGainLossOnDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_OneYearExtensionOptionFiburcateTwoMember" name="OneYearExtensionOptionFiburcateTwoMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_AssetsAcquiredAndLiabilitiesAssumedNet" name="AssetsAcquiredAndLiabilitiesAssumedNet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_FairValueOfAssetInternalRateOfReturn" name="FairValueOfAssetInternalRateOfReturn" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_PrincipalFundingsOfCreLoans" name="PrincipalFundingsOfCreLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_LoansHeldForInvestmentAbstract" name="LoansHeldForInvestmentAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_OperatingLeaseLiabilitiesAccumulatedDepreciationAndAmortization" name="OperatingLeaseLiabilitiesAccumulatedDepreciationAndAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_OaktreeCapitalManagementLPAndMassachusettsMutualLifeInsuranceCompanyMember" name="OaktreeCapitalManagementLPAndMassachusettsMutualLifeInsuranceCompanyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_CharlesStreetACRESOsceolaStudentJointVentureLLCMember" name="CharlesStreetACRESOsceolaStudentJointVentureLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DerivativeInstrumentsAccretionIncomeReportedInInterestExpense" name="DerivativeInstrumentsAccretionIncomeReportedInInterestExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_ACRCommonStockMember" name="ACRCommonStockMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_CREWholeLoanCommitmentsTwoMember" name="CREWholeLoanCommitmentsTwoMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoanOutstandingParBalance" name="LoanOutstandingParBalance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_PacmultiJVLLCMember" name="PacmultiJVLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_AccumulatedOtherComprehensiveIncomeLossRollForward" name="AccumulatedOtherComprehensiveIncomeLossRollForward" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoansHeldForInvestmentMezzanineTranche" name="LoansHeldForInvestmentMezzanineTranche" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_ShareOfRiskPercentage" name="ShareOfRiskPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_LiabilitiesAssumedCost" name="LiabilitiesAssumedCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_AcquiredGroundLeaseMember" name="AcquiredGroundLeaseMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_OperatingLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization" name="OperatingLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_LoanOriginationFees" name="LoanOriginationFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_LoansHeldForInvestmentFixedInterestRate" name="LoansHeldForInvestmentFixedInterestRate" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_PercentageOfIncentiveCompensationExpensePayableInCash" name="PercentageOfIncentiveCompensationExpensePayableInCash" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_VariableInterestEntityClosingTransactionAmount" name="VariableInterestEntityClosingTransactionAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_PaymentDefaultsWholeLoansMember" name="PaymentDefaultsWholeLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MezzanineLoanCommitment" name="MezzanineLoanCommitment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_LoansToRelatedPartyEvidencedByPromissoryNoteMember" name="LoansToRelatedPartyEvidencedByPromissoryNoteMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_InvestmentsInNetAssets" name="InvestmentsInNetAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_ACR2026FL4SeniorNotesMember" name="ACR2026FL4SeniorNotesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_WholeLoansMember" name="WholeLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_QuantityOfLoans" name="QuantityOfLoans" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_Acr2021Fl1Member" name="Acr2021Fl1Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_NoteAndWarrantPurchaseAgreementMember" name="NoteAndWarrantPurchaseAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_UnsecuredJuniorSubordinatedDebenturesMember" name="UnsecuredJuniorSubordinatedDebenturesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_StockIssuedDuringPeriodSharesWarrantsExercised" name="StockIssuedDuringPeriodSharesWarrantsExercised" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_DebtInstrumentFinalMaturityPeriodOfEachLoanSeries" name="DebtInstrumentFinalMaturityPeriodOfEachLoanSeries" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_GainLossOnDerivativesInstruments" name="GainLossOnDerivativesInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_ClassOfLoansWithImputedInterestDomain" name="ClassOfLoansWithImputedInterestDomain" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_VariableInterestEntitiesDomain" name="VariableInterestEntitiesDomain" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ACRESCommercialRealtyCorpMember" name="ACRESCommercialRealtyCorpMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_O2024Q3DividendsMember" name="O2024Q3DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_OtherLiabilitiesCostBasis" name="OtherLiabilitiesCostBasis" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_EquityandDebtSecuritiesRepurchaseProgramMember" name="EquityandDebtSecuritiesRepurchaseProgramMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MinimumBalanceOfUnencumberedLiquidityToBeMaintained" name="MinimumBalanceOfUnencumberedLiquidityToBeMaintained" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_JuniorSubordinatedNotesPayable" name="JuniorSubordinatedNotesPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_MortgagePayable" name="MortgagePayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_RevenuesLessOperatingExpense" name="RevenuesLessOperatingExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_PrincipalPaydownsReceivable" name="PrincipalPaydownsReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_SecuritizationsReinvestmentPeriodEndDate" name="SecuritizationsReinvestmentPeriodEndDate" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_AssetsAcquiredInvestmentsInRealEstate" name="AssetsAcquiredInvestmentsInRealEstate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_AssetsAcquiredAndLiabilitiesAssumedCost" name="AssetsAcquiredAndLiabilitiesAssumedCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_FinancingReceivableNumberOfModificationsContracts" name="FinancingReceivableNumberOfModificationsContracts" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_MortgagePayableCostBasis" name="MortgagePayableCostBasis" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_ACRESLoanOriginationLLCMember" name="ACRESLoanOriginationLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentClassCMember" name="DebtInstrumentClassCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_JPMorganChaseBankMember" name="JPMorganChaseBankMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_CommonSharesRepurchasedCost" name="CommonSharesRepurchasedCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_PacesRiverJointVentureLLCMember" name="PacesRiverJointVentureLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_AcresCapitalLimitedLiabilityCompanyMember" name="AcresCapitalLimitedLiabilityCompanyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_AmortizedCostsOfLoans" name="AmortizedCostsOfLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_PrincipalPaydownReceivable" name="PrincipalPaydownReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_FSUPreferredEquityLoanMember" name="FSUPreferredEquityLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ReadycapCommercialLLCMember" name="ReadycapCommercialLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_SecondGroundLeaseMember" name="SecondGroundLeaseMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_OperationalEarnings" name="OperationalEarnings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DebtInstrumentGuarantyAgreementMaximumPercentageOfCurrentUnpaidAggregateRepurchasePriceOfPurchasedAssets" name="DebtInstrumentGuarantyAgreementMaximumPercentageOfCurrentUnpaidAggregateRepurchasePriceOfPurchasedAssets" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_LoansHeldForInvestmentAmortizedCost" name="LoansHeldForInvestmentAmortizedCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_SubsidiaryOfACRESRealtyFundingIncMember" name="SubsidiaryOfACRESRealtyFundingIncMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments" name="IncomeLossDividendIncomeAndOtherIncomeLossFromEquityMethodInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_OutstandingDebtUnamortizedIssuanceCostsAndDiscounts" name="OutstandingDebtUnamortizedIssuanceCostsAndDiscounts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_VariableInterestEntityNonconsolidatedCarryingAmountInvestmentInUnconsolidatedEntities" name="VariableInterestEntityNonconsolidatedCarryingAmountInvestmentInUnconsolidatedEntities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_JointFundingAgreementsMember" name="JointFundingAgreementsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_SummaryOfSignificantAccountingPoliciesLineItems" name="SummaryOfSignificantAccountingPoliciesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ACRESShareHoldingsLLCMember" name="ACRESShareHoldingsLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCumulativeInvestmentInRealEstate" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCumulativeInvestmentInRealEstate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_RedeemablePreferredStockSeriesCMember" name="RedeemablePreferredStockSeriesCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ProceedsFromDebtAbstract" name="ProceedsFromDebtAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ExecutionOfOperatingLeaseNoncash" name="ExecutionOfOperatingLeaseNoncash" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_ManagementContractMember" name="ManagementContractMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_REITRequiredTaxableIncomeDistributionPercentage" name="REITRequiredTaxableIncomeDistributionPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_SelfStorageMember" name="SelfStorageMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_NonRule10B51ArrModifiedFlag" name="NonRule10B51ArrModifiedFlag" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_ThreeWholeLoansInMaturityDefaultMember" name="ThreeWholeLoansInMaturityDefaultMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ScheduleOfEstimatedUsefulLivesOfAssetsTableTextBlock" name="ScheduleOfEstimatedUsefulLivesOfAssetsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_EastNorthCentralRegionMember" name="EastNorthCentralRegionMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoanMaturityMonthAndYear" name="LoanMaturityMonthAndYear" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_O2023Q2DividendsMember" name="O2023Q2DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_AccretionIncome" name="AccretionIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_MccallumJointVentureLlcMember" name="MccallumJointVentureLlcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_Rating4Member" name="Rating4Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_FinancingReceivableModifiedMaturityMonthAndYear" name="FinancingReceivableModifiedMaturityMonthAndYear" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_SeniorSecuredFinancingFacilityMember" name="SeniorSecuredFinancingFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_SummaryOfSignificantAccountingPoliciesTable" name="SummaryOfSignificantAccountingPoliciesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_O2025Q3DividendsMember" name="O2025Q3DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MultifamilyLoanMember" name="MultifamilyLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_TerminatedInterestRateSwapMember" name="TerminatedInterestRateSwapMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_Rating5Member" name="Rating5Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_InterestOwnershipPercentageOnOutstandingDebt" name="InterestOwnershipPercentageOnOutstandingDebt" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_LoansHeldForInvestmentPrincipal" name="LoansHeldForInvestmentPrincipal" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyPortfolioServicingFees" name="RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyPortfolioServicingFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_BalanceSheetOffsettingTextBlock" name="BalanceSheetOffsettingTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_PaymentsOfTermWarehouseFinancingFacilities" name="PaymentsOfTermWarehouseFinancingFacilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_LeaseLiabilities" name="LeaseLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_LoansHeldForInvestmentUnfundedLoanCommitments" name="LoansHeldForInvestmentUnfundedLoanCommitments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DistributionsAbstract" name="DistributionsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_O2024Q2DividendsMember" name="O2024Q2DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearOne" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearOne" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_SubsidiaryOfACRESMortgageFundLtdMember" name="SubsidiaryOfACRESMortgageFundLtdMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_WackerJointVentureLlcMember" name="WackerJointVentureLlcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_AssetsAcquiredAccumulatedDepreciationAndAmortization" name="AssetsAcquiredAccumulatedDepreciationAndAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_OperatingLeaseExpirationTermMonthAndYear" name="OperatingLeaseExpirationTermMonthAndYear" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_CashFlowContinuingOperationsNoncashFinancingActivitiesDisclosureAbstract" name="CashFlowContinuingOperationsNoncashFinancingActivitiesDisclosureAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtDefaultMinimumInvestedAmountInCapitalWithinGracePeriod" name="DebtDefaultMinimumInvestedAmountInCapitalWithinGracePeriod" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_AMFLeveredIILLCMember" name="AMFLeveredIILLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PaymentsForInvestmentsInUnconsolidatedEntities" name="PaymentsForInvestmentsInUnconsolidatedEntities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_DebtInstrumentClassFNotesMember" name="DebtInstrumentClassFNotesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentTermOptionToSecondExtend" name="DebtInstrumentTermOptionToSecondExtend" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_VariableInterestEntityNonconsolidatedCarryingAmountBorrowedFunds" name="VariableInterestEntityNonconsolidatedCarryingAmountBorrowedFunds" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_SecondPropertyMember" name="SecondPropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ReferenceRateReformPolicyTextBlock" name="ReferenceRateReformPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_OtherLiabilitiesAccumulatedDepreciationAndAmortization" name="OtherLiabilitiesAccumulatedDepreciationAndAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DebtInstrumentClassDMember" name="DebtInstrumentClassDMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RctIiEntityMember" name="RctIiEntityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_IncentiveCompensation" name="IncentiveCompensation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_REITTaxableIncomeDistributionForExemptFederalIncomeTaxesPercentage" name="REITTaxableIncomeDistributionForExemptFederalIncomeTaxesPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_DistributionsAndAccrualOfCumulativePreferredStockDividends" name="DistributionsAndAccrualOfCumulativePreferredStockDividends" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_GroundLeases" name="GroundLeases" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_PaymentsForUnderwritingExpenseAndOtherOfferingExpense" name="PaymentsForUnderwritingExpenseAndOtherOfferingExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_ScheduleOfInformationWithSecuritizationsTableTextBlock" name="ScheduleOfInformationWithSecuritizationsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_ManagementFeesRelatedParty" name="ManagementFeesRelatedParty" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_ThreeMonthSOFRMember" name="ThreeMonthSOFRMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ScheduleOfInformationWithSecuritizationTableTextBlock" name="ScheduleOfInformationWithSecuritizationTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_PropertyHeldForSale" name="PropertyHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_XAN2020RSO9Member" name="XAN2020RSO9Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_WholeLoansFloatingRateMember" name="WholeLoansFloatingRateMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_InvestmentsInRealEstateEquityMember" name="InvestmentsInRealEstateEquityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders" name="ComprehensiveIncomeLossNetOfTaxAttributableToPreferredStockholders" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_InvestmentInRealEstatePolicyTextBlock" name="InvestmentInRealEstatePolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_MccallumJvLlcMember" name="MccallumJvLlcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTable" name="InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PreferredSharesRepurchasedCost" name="PreferredSharesRepurchasedCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_PacificAmericaMember" name="PacificAmericaMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MergerAgreementMember" name="MergerAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RepaymentsOfDebtAbstract" name="RepaymentsOfDebtAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PACMULTIAFFILIATESLLCMember" name="PACMULTIAFFILIATESLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_CashFlowContinuingOperationsNoncashOperatingActivitiesDisclosureAbstract" name="CashFlowContinuingOperationsNoncashOperatingActivitiesDisclosureAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MezzanineLoanCommitmentFund" name="MezzanineLoanCommitmentFund" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_RedeemablePreferredStockSeriesDMember" name="RedeemablePreferredStockSeriesDMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentNumberofPositionsasCollateral" name="DebtInstrumentNumberofPositionsasCollateral" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_WeightedAverageLifeRealEstateLoansAmortizedCostNextTwelveMonths" name="WeightedAverageLifeRealEstateLoansAmortizedCostNextTwelveMonths" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_MortgagePayableMember" name="MortgagePayableMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MidAtlanticRegionsMember" name="MidAtlanticRegionsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_FeesIncurredAndPaidForServicesRendered" name="FeesIncurredAndPaidForServicesRendered" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_ParkingLeaseMember" name="ParkingLeaseMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LongTermDebtMaturingInYearFourAndAfter" name="LongTermDebtMaturingInYearFourAndAfter" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_OneMonthSOFRMember" name="OneMonthSOFRMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_VariableInterestEntityPercentageOfValueOfTrustsHeld" name="VariableInterestEntityPercentageOfValueOfTrustsHeld" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_NumberOfSecuritizationEntities" name="NumberOfSecuritizationEntities" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_OneYearExtensionOptionMember" name="OneYearExtensionOptionMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoanAndServicingAgreementMember" name="LoanAndServicingAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PrimaryCapitalMortgageLLCMember" name="PrimaryCapitalMortgageLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoansReceivableInterestRateStatedPercentage" name="LoansReceivableInterestRateStatedPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_ProceedsFromTermReinvestmentFinancingFacility" name="ProceedsFromTermReinvestmentFinancingFacility" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DebtIssuanceCostsAmortizationPeriod" name="DebtIssuanceCostsAmortizationPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_OperatingLeaseLiabilityExcludingLeasedCopierOfficeLiabilities" name="OperatingLeaseLiabilityExcludingLeasedCopierOfficeLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_SecuritizationsNotePaydowns" name="SecuritizationsNotePaydowns" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_ACRESRealtyFundingIncMember" name="ACRESRealtyFundingIncMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_Rating2Member" name="Rating2Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_NetCarryingValueOfLoansHeldForInvestment" name="NetCarryingValueOfLoansHeldForInvestment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_LoansReceivableInterestBorrowingRatePercentage" name="LoansReceivableInterestBorrowingRatePercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_IncentiveCompensationPaidInCommonStock" name="IncentiveCompensationPaidInCommonStock" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_UnamortizedDiscountPremiumGross" name="UnamortizedDiscountPremiumGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_RelatedPartyTransactionSharePricePerShare" name="RelatedPartyTransactionSharePricePerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_LoanAmountSold" name="LoanAmountSold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearTwo" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearTwo" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_ACRESDevelopmentLLCMember" name="ACRESDevelopmentLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PreferredSharesRepurchased" name="PreferredSharesRepurchased" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesDisclosureTextBlock" name="InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_DebtInstrumentClassEMember" name="DebtInstrumentClassEMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_FourWholeLoansInMaturityDefaultMember" name="FourWholeLoansInMaturityDefaultMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_EightPointSixTwoFivePercentageSeriesCCumulativeRedeemablePreferredStockMember" name="EightPointSixTwoFivePercentageSeriesCCumulativeRedeemablePreferredStockMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_InterestInRctIAndRctIiMember" name="InterestInRctIAndRctIiMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LineOfCreditFacilityAdvancedInInitialFunding" name="LineOfCreditFacilityAdvancedInInitialFunding" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_CommercialRealEstateLoansMember" name="CommercialRealEstateLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_O2025Q2DividendsMember" name="O2025Q2DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_SaleLoanCompleted" name="SaleLoanCompleted" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_SecuritizationsMaturityDate" name="SecuritizationsMaturityDate" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_RelatedPartyTransactionMonthlyAmortizationPayment" name="RelatedPartyTransactionMonthlyAmortizationPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_JonesTradingInstitutionalServicesLLCMember" name="JonesTradingInstitutionalServicesLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_InsuranceLimitPerRespectiveDepositoryBrokerageInstitution" name="InsuranceLimitPerRespectiveDepositoryBrokerageInstitution" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_SummaryOfContractualMaturitiesOfCommercialRealEstateLoansAtAmortizedCostTableTextBlock" name="SummaryOfContractualMaturitiesOfCommercialRealEstateLoansAtAmortizedCostTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationYearAndMonth" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationYearAndMonth" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_SummaryOfOperatingLeasesTableTextBlock" name="SummaryOfOperatingLeasesTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_ScheduleOfAmountAtRiskUnderCreditFacilityTableTextBlock" name="ScheduleOfAmountAtRiskUnderCreditFacilityTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_MassachusettsMutualLifeInsuranceCompanyAndOtherLendersMember" name="MassachusettsMutualLifeInsuranceCompanyAndOtherLendersMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentClassBMember" name="DebtInstrumentClassBMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MorganStanleyMortgageCapitalHoldingsLLCMember" name="MorganStanleyMortgageCapitalHoldingsLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ScheduleOfSupplementalCashFlowsAndOtherSignificantNoncashTransactionsTableTextBlock" name="ScheduleOfSupplementalCashFlowsAndOtherSignificantNoncashTransactionsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_OwnershipPercentage" name="OwnershipPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_CRE-TermReinvestmentFinancingFacilityMember" name="CRE-TermReinvestmentFinancingFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_NonaccrualStatusWholeLoansMember" name="NonaccrualStatusWholeLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_WeightedAverageNumberOfWarrantsOutstanding" name="WeightedAverageNumberOfWarrantsOutstanding" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_FirstPropertyMember" name="FirstPropertyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_O2026Q4DividendsMember" name="O2026Q4DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ShareIssuanceAndRepurchaseDisclosureTextBlock" name="ShareIssuanceAndRepurchaseDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_MasterRepurchaseAgreementMember" name="MasterRepurchaseAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentNumberOfOptionsToFirstExtend" name="DebtInstrumentNumberOfOptionsToFirstExtend" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_PlaceLeaseIntangibleMember" name="PlaceLeaseIntangibleMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LoansReceivableFixedInterestRateIncludingDeferredInterest" name="LoansReceivableFixedInterestRateIncludingDeferredInterest" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_PercentageOfTotalAmortizationCost" name="PercentageOfTotalAmortizationCost" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_InvestmentsInUnconsolidatedEntitiesMember" name="InvestmentsInUnconsolidatedEntitiesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RelatedPartyTransactionPercentageOfOwnershipAfterTransaction" name="RelatedPartyTransactionPercentageOfOwnershipAfterTransaction" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_CREWholeLoanCommitmentsOneMember" name="CREWholeLoanCommitmentsOneMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PacificRegionMember" name="PacificRegionMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_LandLeaseMember" name="LandLeaseMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ACRESCapitalCorpMember" name="ACRESCapitalCorpMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_FairValueOfAssetTerminalCapRate" name="FairValueOfAssetTerminalCapRate" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_LoanNumberOfOptionToExtend" name="LoanNumberOfOptionToExtend" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_PercentageOfIncreaseInGroundLeasePayments" name="PercentageOfIncreaseInGroundLeasePayments" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_AssetsAcquiredCashAndOtherAssets" name="AssetsAcquiredCashAndOtherAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DebtInstrumentClassAxis" name="DebtInstrumentClassAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ConcentrationOfLoanRiskPercentage" name="ConcentrationOfLoanRiskPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_OaktreeCapitalManagementLPMember" name="OaktreeCapitalManagementLPMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_WholeLoansInDefaultMember" name="WholeLoansInDefaultMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtDefaultMinimumPercentageOfAggregatePrincipalAmountOfOutstandingNotes" name="DebtDefaultMinimumPercentageOfAggregatePrincipalAmountOfOutstandingNotes" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_AssetsAcquiredCost" name="AssetsAcquiredCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DebtInstrumentClassAMember" name="DebtInstrumentClassAMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentClassASMember" name="DebtInstrumentClassASMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_InterestInRctIiMember" name="InterestInRctIiMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ThirtyDayAverageSOFRMember" name="ThirtyDayAverageSOFRMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RelatedPartyTransactionIncentiveCompensationPaidInCashPercentage" name="RelatedPartyTransactionIncentiveCompensationPaidInCashPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_IncreaseInPrincipalReceivable" name="IncreaseInPrincipalReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_LoansReceivableAtCarryingValue" name="LoansReceivableAtCarryingValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral" name="SecuritiesSoldUnderAgreementsToRepurchaseAmountNotOffsetAgainstCollateral" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_CarryingValueOfTheLoanHeldForSale" name="CarryingValueOfTheLoanHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_RemainingTermOfOperatingLeaseAcquired" name="RemainingTermOfOperatingLeaseAcquired" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_FinancingReceivableRecordedInvestmentExcludedAccruedInterestReceivable" name="FinancingReceivableRecordedInvestmentExcludedAccruedInterestReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_PrincipalReceivable" name="PrincipalReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_WarehouseFinancingFacilities" name="WarehouseFinancingFacilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestRemainderOfFiscalYear" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestRemainderOfFiscalYear" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_FinancingReceivablesAfterDeferredIncomeOffset" name="FinancingReceivablesAfterDeferredIncomeOffset" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_WeightedAverageLifeCommercialRealEstateLoansAmortizedCostYearsThreeAndThereafter" name="WeightedAverageLifeCommercialRealEstateLoansAmortizedCostYearsThreeAndThereafter" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_RelatedPartyTransactionPercentageOfExtensionFee" name="RelatedPartyTransactionPercentageOfExtensionFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_ShareBasedCompensationNonemployeeAndDirectors" name="ShareBasedCompensationNonemployeeAndDirectors" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_RctIEntityMember" name="RctIEntityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ReceiptOfRightOfUseAssetsNoncash" name="ReceiptOfRightOfUseAssetsNoncash" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_XAN2020RSO8Member" name="XAN2020RSO8Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_SecuritizationsClosingDate" name="SecuritizationsClosingDate" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_UnimprovedLandMember" name="UnimprovedLandMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_NumberOfDefaultedLoans" name="NumberOfDefaultedLoans" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_AssetsAcquiredPropertiesHeldForSale" name="AssetsAcquiredPropertiesHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_CharlesStreetACRESFSUStudentVentureLLCMember" name="CharlesStreetACRESFSUStudentVentureLLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_Indebtedness" name="Indebtedness" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_DerivativeInstrumentsAmortizationExpenseReportedInInterestExpense" name="DerivativeInstrumentsAmortizationExpenseReportedInInterestExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_LoansReceivableInterestRateFloatingPercentage" name="LoansReceivableInterestRateFloatingPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_ClassOfLoansWithImputedInterestAxis" name="ClassOfLoansWithImputedInterestAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_O2023Q1DividendsMember" name="O2023Q1DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PaymentsOfCommercialRealEstateNotesPayable" name="PaymentsOfCommercialRealEstateNotesPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_LiabilityAssumedAccumulatedDepreciationAndAmortization" name="LiabilityAssumedAccumulatedDepreciationAndAmortization" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_SaleOfStockWeightedAveragePricePerShare" name="SaleOfStockWeightedAveragePricePerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_ACRESSPE2025-1LLCMember" name="ACRESSPE2025-1LLCMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_EquityInIncomeLossesOfUnconsolidatedSubsidiaries" name="EquityInIncomeLossesOfUnconsolidatedSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_FinancingReceivablesAfterDeferredIncomeOffsetWriteOffs" name="FinancingReceivablesAfterDeferredIncomeOffsetWriteOffs" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_MassachusettsMutualLifeInsuranceCompanyMember" name="MassachusettsMutualLifeInsuranceCompanyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_ScheduleOfInvestmentInRealEstatePropertyHeldForSaleAndRelatedIntangibleAssetsTableTextBlock" name="ScheduleOfInvestmentInRealEstatePropertyHeldForSaleAndRelatedIntangibleAssetsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_RelatedPartyLoanExtensionTerm" name="RelatedPartyLoanExtensionTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_OmnibusEquityCompensationPlan2007Member" name="OmnibusEquityCompensationPlan2007Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_IncomeLossInvestmentsInAffiliatesAndJointVenture" name="IncomeLossInvestmentsInAffiliatesAndJointVenture" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_AccretionRelatedToGroundLeaseLiability" name="AccretionRelatedToGroundLeaseLiability" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearFour" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestYearFour" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_FloatingRateBorrowingsValue" name="FloatingRateBorrowingsValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DefaultFinancingArrangement" name="DefaultFinancingArrangement" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_OutstandingClaimsForRepurchaseOrIndemnificationOfResidentialMortgageLoansSoldToInvestors" name="OutstandingClaimsForRepurchaseOrIndemnificationOfResidentialMortgageLoansSoldToInvestors" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_GainsLossesOnConversionOfInvestmentRealEstate" name="GainsLossesOnConversionOfInvestmentRealEstate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_DebtInstrumentMaturityMonthAndYear" name="DebtInstrumentMaturityMonthAndYear" type="xbrli:gYearMonthItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_Rule10B51ArrModifiedFlag" name="Rule10B51ArrModifiedFlag" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_VariableInterestEntityConsolidatedNumberOfEntities" name="VariableInterestEntityConsolidatedNumberOfEntities" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_AccruedInterestReceivableMember" name="AccruedInterestReceivableMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentMaturityDateFreeForm" name="DebtInstrumentMaturityDateFreeForm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_SummaryOfExpensesOfIntangibleAssetsRightOfUseAssetsAndLeasesRelatedToInvestmentsInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTableTextBlock" name="SummaryOfExpensesOfIntangibleAssetsRightOfUseAssetsAndLeasesRelatedToInvestmentsInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_DebtInstrumentClassGNotesMember" name="DebtInstrumentClassGNotesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_NumberOfSharesThatMayBeIssuedOrSoldFromTimeToTimeUnderEquityDistributionAgreement" name="NumberOfSharesThatMayBeIssuedOrSoldFromTimeToTimeUnderEquityDistributionAgreement" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_O2026Q3DividendsMember" name="O2026Q3DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_EquityCompensationRelatedParty" name="EquityCompensationRelatedParty" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_OneMonthAverageSOFRMember" name="OneMonthAverageSOFRMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_HotelPropertyGroundLeasePayment" name="HotelPropertyGroundLeasePayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_VariableInterestEntityListingAxis" name="VariableInterestEntityListingAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_O2025Q4DividendsMember" name="O2025Q4DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_DebtInstrumentCommitmentPeriodOfEachLoanSeries" name="DebtInstrumentCommitmentPeriodOfEachLoanSeries" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_MasterRepurchaseAndSecuritiesAgreementMember" name="MasterRepurchaseAndSecuritiesAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_Rating1Member" name="Rating1Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_PaymentDefaultsMezzanineLoansMember" name="PaymentDefaultsMezzanineLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_RelatedPartyTransactionIncentiveCompensationPayable" name="RelatedPartyTransactionIncentiveCompensationPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_WeightedAverageNumberOfCommonSharesOutstandingBasic" name="WeightedAverageNumberOfCommonSharesOutstandingBasic" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_OperatingLeaseRightOfUseAssetCost" name="OperatingLeaseRightOfUseAssetCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_StockIssuedDuringPeriodValueStockWarrantsExercised" name="StockIssuedDuringPeriodValueStockWarrantsExercised" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_RetailLoanMember" name="RetailLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_BusinessCombinationShareConversionRatio" name="BusinessCombinationShareConversionRatio" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_CRESecuritizationNotesPayable" name="CRESecuritizationNotesPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_OneMonthTermSofrMember" name="OneMonthTermSofrMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_FinancingReceivableAllowanceForCreditLossesIndividuallyNumberOfLoansEvaluatedForImpairment" name="FinancingReceivableAllowanceForCreditLossesIndividuallyNumberOfLoansEvaluatedForImpairment" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="acr_RealEstateExpenses" name="RealEstateExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_AssetsAcquired" name="AssetsAcquired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_DistributionsToNoncontrollingInterestHolderStockAccruedButNotPaid" name="DistributionsToNoncontrollingInterestHolderStockAccruedButNotPaid" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="acr_Share-BasedCompensationArrangementByShare-BasedPaymentAwardMarketConditionPriceTarget" name="Share-BasedCompensationArrangementByShare-BasedPaymentAwardMarketConditionPriceTarget" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="acr_VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestReceivable" name="VariableInterestEntityNonconsolidatedCarryingAmountAccruedInterestReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="acr_InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesAbstract" name="InvestmentInRealEstateAndOtherAcquiredAssetsAndAssumedLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="acr_MezzanineLoansMember" name="MezzanineLoansMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
</xsd:schema>
