SUNRISE RLTY TR. DL-,001 Aktie

WEST PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“Sunrise Realty” or “the Company”) (Nasdaq: SUNS), an institutional lender that originates and funds loans to commercial real estate projects in the Southern United States, today announced that it has launched an underwritten public offering (the “Offering”) of 5,500,000 shares of its common stock. Sunrise Realty intends to grant the underwriters of the Offering a 30-day option to purchase up to an additional 825,000 shares of common stock.» Mehr auf globenewswire.com

WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”) today announced that it originated a senior loan in the aggregate amount of $57.0 million for the refinancing of The Loren at Lady Bird Lake (the “Project” or “The Loren”), a luxury hotel located in Austin, Texas. The Sponsor is The Loren Group, a leading real estate company that specializes in developing, owning, and managing luxury hotels in high-demand destination markets. SRT holds $25.0 million of the loan, while the remaining $32.0 million was syndicated to an affiliate on the TCG Real Estate platform. JLL Capital Market's Debt Advisory team representing the borrower was led by Wally Reid and Scott Dickey.» Mehr auf globenewswire.com

WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it has committed $32.0 million, of which the Company funded $29.9 million, to a $57.0 million senior loan originated by an affiliate on the TCG Real Estate platform. This loan is for the refinancing of The Loren at Lady Bird Lake (the “Project” or “The Loren”), a luxury boutique hotel located in Austin, Texas. The Sponsor is The Loren Group, a leading real estate company that specializes in developing, owning, and managing luxury hotels in high-demand destination markets. JLL Capital Market's Debt Advisory team representing the borrower was led by Wally Reid and Scott Dickey.» Mehr auf globenewswire.com