SUNRISE RLTY TR. DL-,001 Aktie

WEST PALM BEACH, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or “the Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) | Real Estate platform, today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 6, 2025 before market open.» Mehr auf globenewswire.com

WEST PALM BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”), a lender on the Tannenbaum Capital Group (“TCG”) | Real Estate platform, today announced that it closed on a $20.0 million commitment to a $74.5 million senior loan originated by the TCG Real Estate platform for the construction of Shell Plaza (the “Project” or “Shell Plaza”) in New Orleans. Located on Convention Center Boulevard and Henderson Street on a 1.6-acre parcel, the build-to-suit net lease property will serve as regional headquarters for Shell USA Inc. (the “Tenant”). The remaining $54.5 million of the loan was syndicated to two affiliates on the TCG Real Estate platform (comprising $44.5 million) and another affiliated lending partner (comprising $10.0 million). The sponsor is a partnership between Lauricella Land Company (“Lauricella”) and Cypress Equities (“Cypress”), leveraging Lauricella's long-standing relationships with the Shell team in New Orleans and Cypress' demonstrated expertise in large build-to-suit developments.» Mehr auf globenewswire.com

WEST PALM BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) | Real Estate platform, today announced that it closed on a $44.0 million commitment to a $74.5 million senior loan originated by the TCG Real Estate platform for the construction of Shell Plaza (the “Project” or “Shell Plaza”) in New Orleans. Located on Convention Center Boulevard and Henderson Street on a 1.6-acre parcel, the build-to-suit net lease property will serve as regional headquarters for Shell USA Inc. (the “Tenant”). The remaining $30.5 million of the loan was syndicated to two affiliates on the TCG Real Estate platform (comprising $20.5 million) and another affiliated lending partner (comprising $10.0 million). The sponsor is a partnership between Lauricella Land Company (“Lauricella”) and Cypress Equities (“Cypress”), leveraging Lauricella's long-standing relationships with the Shell team in New Orleans and Cypress' demonstrated expertise in large build-to-suit developments.» Mehr auf globenewswire.com