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. (Nasdaq: SUNS) is a mortgage real estate investment trust and institutional commercial real estate lender whose news flow reflects its focus on transitional CRE projects in the Southern United States. Company announcements highlight financing commitments, quarterly financial results, dividend declarations and capital markets activities, giving investors insight into how SUNS deploys capital and manages its REIT obligations.
News releases commonly cover senior bridge loans and first mortgage loans originated on the Tannenbaum Capital Group (TCG) Real Estate platform, where Sunrise Realty Trust participates as a lender. Recent examples include commitments to loans for a two-tower condominium development in Miami, a Class-A retail property in Houston and industrial-for-sale developments branded as CollectionSuites in Florida. These updates illustrate the company’s emphasis on financing top-tier assets with transitional business plans and potential for near-term value creation in established and rapidly expanding Southern markets.
Investors following SUNS news will also see regular reports of quarterly GAAP net income and Distributable Earnings, along with commentary from management on market conditions, lending focus and portfolio goals. Dividend announcements, including details about quarterly cash dividends and the company’s Dividend Reinvestment Plan, provide additional context for income-focused shareholders. Capital markets updates, such as the Equity Distribution Agreement for at-the-market common stock offerings, appear in both press releases and related SEC filings.
This news page aggregates these disclosures so readers can review SUNS earnings releases, transaction announcements, dividend updates and other corporate communications in one place. By tracking this stream of information, investors and analysts can better understand Sunrise Realty Trust’s lending activity, its concentration on transitional CRE in the Southern U.S. and how management communicates performance and capital allocation decisions over time.
SLR Senior Investment Corp. (NASDAQ: SUNS) announced a distribution of $0.10 per share for January 2022. This payment is scheduled for February 2, 2022, to shareholders on record as of January 20, 2022. The company, recognized as a business development company, primarily invests in U.S. middle market companies through cash flow senior secured loans. The nature of the distribution's tax characteristics will be reported to stockholders on Form 1099 after the calendar year ends.
SLR Senior Investment Corp. (NASDAQ: SUNS) announced a distribution of $0.10 per share for December 2021, payable on January 5, 2022, to stockholders of record as of December 16, 2021. This closed-end investment company specializes in investing in U.S. middle market companies, primarily through senior secured loans. The company will report the specific tax characteristics of this distribution on Form 1099 after the calendar year ends. SLR Senior Investment Corp. cautions that actual results may differ from forward-looking statements due to various risks, including market volatility and COVID-19 impacts.
SLR Investment Corp. (SLRC) and SLR Senior Investment Corp. (SUNS) announced a merger agreement with SLRC as the surviving entity, pending stockholder approval. SUNS shareholders will exchange their shares for SLRC shares at an exchange ratio based on net asset values. The merger is expected to enhance net investment income due to operational synergies and a reduction in management fees. The combined entity will have over $2 billion in assets, focusing on senior secured loans. The merger is anticipated to close in the first half of 2022, with both companies aiming for continued quarterly distributions.
SLR Senior Investment Corp. (NASDAQ: SUNS) reported a net investment income of $3.7 million or $0.23 per share for Q3 2021, down from $4.8 million in Q3 2020. The net asset value (NAV) was $15.73 per share. The company declared a monthly distribution of $0.10 per share, payable on December 2, 2021. Comprehensive portfolio fair value reached $612 million, with a net debt to equity ratio of 0.55x. Notably, the company had total originations of $93.1 million in the quarter, signaling ongoing portfolio growth despite challenges in gross investment income.
SLR Senior Investment Corp. (NASDAQ: SUNS) announced a distribution of $0.10 per share for October 2021, payable on November 3, 2021. Shareholders of record as of October 21, 2021 will receive this distribution. The Company specializes in investing in leveraged, U.S. middle market companies through cash flow senior secured loans. The specifics of the distribution's tax characteristics will be reported to stockholders on Form 1099 post calendar year.
SLR Senior Investment Corp. (NASDAQ: SUNS) will release its financial results for Q3 2021 on November 3, 2021, after market close. An earnings conference call is scheduled for November 4, 2021, at 11:00 a.m. ET. Interested participants can dial in or access the live webcast via the company’s website. SLR Senior Investment Corp. focuses on investments in U.S. middle market companies, primarily through senior secured debt instruments and asset-based loans.
SLR Senior Investment Corp. (NASDAQ: SUNS) has announced a monthly distribution of $0.10 per share for September 2021. This distribution will be paid on October 1, 2021 to stockholders recorded as of September 23, 2021. The tax characteristics of this distribution will be provided on Form 1099 after the calendar year. The company focuses on investing in U.S. middle-market companies through secured loans, primarily in cash flow senior secured forms.
SLR Senior Investment Corp. (NASDAQ: SUNS) reported a 25% increase in net investment income to $4.0 million or $0.25 per share for Q2 2021. The company's comprehensive investment portfolio grew by 15% to $570 million, with over 99.9% in performing assets. The NAV per share stood at $15.87. Additionally, a monthly distribution of $0.10 per share was announced for September. Despite a decrease in gross investment income compared to the previous year, SLR remains optimistic about future growth, citing strong demand in the middle-market segment.
SLR Senior Investment Corp. (NASDAQ: SUNS) announced a $0.10 per share distribution for July 2021. This distribution is payable on August 3, 2021 to stockholders of record as of July 22, 2021. The company, which operates as a closed-end investment firm under the Investment Company Act of 1940, invests primarily in leveraged U.S. middle-market companies through senior secured loans. Shareholders will receive a Form 1099 reporting the tax characteristics of the distribution after the calendar year.
SLR Senior Investment Corp. (NASDAQ: SUNS) has announced it will release its financial results for Q2 2021 on August 3, 2021, after market close. An earnings conference call will be held on August 4, 2021, at 11:00 AM ET. Interested participants can join via phone or through the company's website. SLR Senior Investment Corp. is recognized as a business development company, primarily investing in U.S. middle market companies through first lien senior secured debt instruments.
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