Sunrise Realty Trust Inc Stock Price, News & Analysis

Sunrise Realty Trust (Nasdaq: SUNS) has committed $35.0 million to a $370.0 million first mortgage loan for the Lofty & Standard condominium development in Miami's Brickell neighborhood. The project consists of two luxury towers: the 43-story Lofty with 362 units and the 45-story Standard with 422 units.

The development, a joint venture between Two Roads Development and Newgard Development Group, will feature premium amenities including resort-style pools, fitness facilities, and co-working spaces. TCG Real Estate platform affiliates committed an additional $25.0 million to the first mortgage loan. The project aims to address Miami's market demand for affordable, mid-sized luxury units with waterfront views.

Sunrise Realty Trust (Nasdaq: SUNS) has declared a quarterly dividend of $0.30 per share for Q3 2025, maintaining the same level as Q2. The dividend will be paid on October 15, 2025, to stockholders of record as of September 30, 2025.

Additionally, the company announced the implementation of a Dividend Reinvestment Plan (DRIP), allowing shareholders to automatically reinvest their cash dividends into additional SUNS common stock. The DRIP will be administered by Equiniti Trust Company and will be effective for dividends declared after September 15, 2025.

Sunrise Realty Trust (Nasdaq: SUNS), a commercial real estate lender, reported its Q2 2025 financial results. The company achieved GAAP net income of $3.4 million ($0.25 per share) and Distributable Earnings of $4.1 million ($0.31 per share).

The company paid a quarterly dividend of $0.30 per share, distributing $4.0 million to shareholders. CEO Brian Sedrish highlighted increased market activity and transaction volume, with SUNS focusing on financing transitional assets for stronger returns amid growing competition in stabilized properties.

SUNS operates as part of the TCG Real Estate platform, specializing in providing flexible financing solutions for commercial real estate projects in the Southern United States, particularly focusing on transitional properties with near-term value creation potential.

Sunrise Realty Trust (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group Real Estate platform, has scheduled its Q2 2025 earnings release for August 7th, 2025 before market open.

The company will host a conference call and webcast at 10:00 am ET to discuss the financial results. Investors can access the webcast through the company's Investor Relations website and register for the conference call through a provided link. A replay will be available one hour after the event.

Sunrise Realty Trust (NASDAQ: SUNS) has expanded its senior secured revolving credit facility with the addition of EverBank, which committed $50 million to the facility. This expansion brings the total committed capital to $140 million, up from the original facility established with East West Bank in November 2024. The Credit Facility remains expandable to $200 million, subject to conditions and additional lender participation.

The facility will support unfunded commitments under existing loans, fund SUNS' commercial real estate loan pipeline, and provide general working capital. This marks EverBank as the third institutional bank to join the credit facility, demonstrating confidence in SUNS' lending platform.

Sunrise Realty Trust (NASDAQ: SUNS) has expanded its senior secured revolving credit facility to $90 million in total commitments. The expansion comes from a new $40 million commitment from City National Bank of Florida (CNB), which joins as Joint Lead Arranger alongside East West Bank, which provided the initial $50 million commitment in November 2024.

The Credit Facility can be further expanded to $200 million, subject to conditions and additional lender participation. The funds will be used to support SUNS' commercial real estate loan pipeline, existing commitments, and general working capital needs. The expansion demonstrates confidence in SUNS' lending approach and market opportunity.

Sunrise Realty Trust (NASDAQ:SUNS) reported its Q1 2025 financial results, achieving GAAP net income of $3.1 million ($0.27 per share) and Distributable Earnings of $3.5 million ($0.31 per share). The company paid a cash dividend of $0.30 per share for Q1 2025, distributing $4.0 million total. SUNS maintains its guidance for Q2 2025, expecting Distributable Earnings at or near $0.30 per share.

The company operates as a commercial real estate lender focusing on transitional CRE projects in the Southern United States, particularly residential and mixed-use assets. CEO Brian Sedrish highlighted SUNS's strong balance sheet and favorable market conditions, with many transitional lenders preoccupied with legacy loans and conventional lenders remaining conservative.

Sunrise Realty Trust (NASDAQ: SUNS), a commercial real estate lender, has released preliminary financial estimates for Q1 2025. The company projects distributable earnings of $0.30-$0.32 per basic weighted average common share, compared to $0.30 in Q4 2024. Expected book value per share is estimated at $13.60-$13.90.

During Q1 2025, SUNS committed $147.5 million and funded $109.8 million of new and existing loans through the TCG Real Estate platform, which originated total loans of $212.5 million. As of March 31, 2025, the SUNS portfolio had $352.1 million in commitments with $233.4 million funded. Additionally, TCG Real Estate Platform has $100 million in non-binding term sheets under documentation, with SUNS expected to receive a portion.