Welcome to our dedicated page for Sunrise Realty Trust news (Ticker: SUNS), a resource for investors and traders seeking the latest updates and insights on Sunrise Realty Trust stock.
Sunrise Realty Trust, Inc. reports news as a Nasdaq-listed commercial real estate lender focused on flexible financing for sponsors of transitional CRE projects, primarily in the Southern United States. Updates commonly cover senior bridge loans, senior whole loans, B-notes and other CRE debt investments tied to properties with near-term value-creation plans.
Recurring SUNS developments include quarterly financial results, GAAP net income, Distributable Earnings, dividends, loan originations, portfolio activity, credit-facility capacity and financing relationships on the Tannenbaum Capital Group Real Estate platform.
Sunrise Realty Trust (Nasdaq: SUNS) reported second quarter 2026 GAAP net income of $3.1 million, or $0.23 per basic weighted average common share, and Distributable Earnings of $3.9 million, or $0.29 per basic weighted average common share. According to the company, all loans remained current and its investment in Panther National was fully repaid shortly after quarter end.
For Q2 2026, SUNS paid a common stock dividend of $0.30 per share, totaling $4.1 million, compared with Distributable Earnings of $0.29 per basic share for the period. For the first six months of 2026, Distributable Earnings were $8.6 million, or $0.65 per basic share, exceeding year-to-date dividends of $0.60 per share. The company highlighted modest balance-sheet leverage and continued demand for flexible commercial real estate capital.
Sunrise Realty Trust (Nasdaq: SUNS) agreed to acquire Southern Realty Trust (SRT) via a stock-for-stock merger, consolidating two transitional commercial real estate lenders focused on the Southern U.S. Each SRT share will convert into 1.45 newly issued SUNS shares plus $0.05 per share in cash from SUNS Manager.
The combined company is expected to have approximately $289 million of book value, $534 million of total assets and $604 million of loan commitments across 14 loans as of June 30, 2026. Existing SUNS stockholders are expected to own about 62% of the combined entity and former SRT stockholders about 38%, with SUNS issuing roughly 8.4 million new shares. The SUNS management agreement will be amended to cut the incentive fee rate to 17.5% from 20%, reduce the hurdle rate to 7% from 8%, and add a $1.0 million management fee waiver over four quarters.
Sunrise Realty Trust (Nasdaq: SUNS) announced the full repayment of its investment in the $160 million Panther National credit facility, which consists of a senior term loan and a home construction revolver originated in August 2024.
SUNS received repayments of $31.6 million of the $84.2 million outstanding principal on the senior term loan and $23.8 million of the $63.5 million outstanding principal on the revolver. Affiliates of Tannenbaum Capital Group holding the remaining loan interests were also repaid in full. According to SUNS, the repayment supports its transitional commercial real estate lending strategy and returns capital that can provide additional capacity for future investments.
Sunrise Realty Trust (Nasdaq: SUNS) will release financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026, before the market opens. Management will discuss the results on a webcast and conference call at 10:00 a.m. ET, accessible via the company’s Investor Relations website at ir.sunriserealtytrust.com, with participants invited to register in advance. A replay will be available approximately one hour after the event.
According to Sunrise Realty Trust, the company is an institutional commercial real estate lender focused on flexible financing for transitional CRE projects in the Southern U.S. within the Tannenbaum Capital Group Real Estate platform, alongside related public and private mortgage REIT vehicles.
Sunrise Realty Trust (Nasdaq:SUNS) declared a quarterly dividend of $0.30 per common share for the quarter ending June 30, 2026. The dividend is payable on July 15, 2026 to shareholders of record on June 30, 2026, matching the first-quarter dividend.
The company is an institutional commercial real estate lender focused on transitional CRE projects in high-growth Southern U.S. markets.
Sunrise Realty Trust (Nasdaq:SUNS) reported first quarter 2026 GAAP net income of $4.3 million ($0.32 per basic share) and Distributable Earnings of $4.7 million ($0.35 per basic share), up from $3.1 million and $3.5 million in Q1 2025.
The company paid a $0.30 per share common dividend on April 15, 2026, totaling $4.1 million. Sunrise is a commercial real estate lender focused on transitional projects in high-growth Southern U.S. markets.
Sunrise Realty Trust (Nasdaq: SUNS) reported Q4 2025 GAAP net income $1.6M or $0.12 per share and Distributable Earnings $3.5M or $0.27 per share.
For full year 2025 the company reported GAAP net income $12.1M ($0.93/sh) and Distributable Earnings $15.2M ($1.19/sh). The Board declared a Q1 2026 dividend of $0.30 per share payable April 15, 2026 to holders of record March 31, 2026.
Sunrise Realty Trust (Nasdaq: SUNS) expanded its senior secured revolving credit facility by adding Customers Bank's $25 million commitment, increasing total committed capital to $165 million as of March 5, 2026. The facility, originally established in November 2024, remains expandable to $200 million subject to conditions and additional lender participation.
Proceeds will finance ongoing originations in target commercial real estate markets, fund future draws and unfunded commitments under existing loans, and support liquidity and capital needs tied to portfolio growth.
Sunrise Realty Trust (Nasdaq: SUNS) committed $48 million of a $69 million B-note, subordinate to a $337 million A-note, as part of a combined $406 million financing to refinance a 15-property portfolio of Graduate by Hilton hotels for borrower AJ Capital Partners.
An affiliate on the Tannenbaum Capital Group platform holds the remaining $21 million of the B-note. The portfolio covers university-anchored, full-service hotels in major markets including University of Michigan, University of Virginia, and UC Berkeley.
Sunrise Realty Trust (Nasdaq: SUNS) will release fourth-quarter and full-year 2025 financial results on Thursday, March 12, 2026, before market open. Management will review results at 10:00 AM ET via webcast, with a conference call available by prior registration and a replay one hour after the event.
Webcast access and earnings distributions will be provided on the company Investor Relations website, and interested parties can sign up for email updates.