AFC Gamma Inc. (AFCG) shares ended the last trading session 5.4% higher at $9.51. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 28.1% loss over the past four weeks.AFC Gamma share price rallied in the last trading session driven by optimism surrounding the company’s recent spin-off of its commercial real estate (“CRE”) portfolio into an independent, publicly traded company -- Sunrise Realty Trust, Inc. (“SUNS”). ...

WEST PALM BEACH, Fla., July 15, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq: AFCG) (“Advanced Flower Capital” or “AFC”) today announced that it plans to report earnings for the quarter ended June 30, 2024 on Wednesday, August 7, 2024. Advanced Flower Capital will host a conference call at 10:00 am Eastern Time on Wednesday, August 7, 2024 to discuss its quarterly financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor ...

WEST PALM BEACH, Fla., July 15, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq: AFCG) ("Advanced Flower Capital" or "AFC") today announced that it plans to report earnings for the quarter ended June 30, 2024 on Wednesday, August 7, 2024. Advanced Flower Capital will host a conference call at 10:00 am Eastern Time on Wednesday, August 7, 2024 to discuss its quarterly financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor ...

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Record Date for Distribution of Sunrise Realty Trust to be July 8, 2024Distribution Date to be July 9, 2024 WEST PALM BEACH, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) ("AFC Gamma") today reconfirms that the spin-off of its commercial real estate portfolio into an independent, publicly-traded REIT, Sunrise Realty Trust, Inc. ("SUNS"), will be completed on July 9, 2024. Shareholders of AFC Gamma common stock as of the close of business on July 8, 2024 (the "Record Date") will recei ...

Aerial_Views/E+ via Getty Images Real Estate Weekly Outlook U.S. equity markets were little changed this week while long-term benchmark interest rates surged as investors assessed the potential political and economic fallout from a disastrous debate performance by President Biden, setting the stage for a potentially volatile and unpredictable second half of 2024. Beneath the political drama, investors parsed corporate commentary and economic data that pointed towards a further slowdown in U.S. consumer spen ...

Record Date for Distribution of Sunrise Realty Trust to be July 8, 2024Distribution Date Expected to be July 9, 2024Board of Directors Declares $0.15 per Share Spin-Off Special Dividend WEST PALM BEACH, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) ("AFC Gamma") today announced that the previously announced spin-off of its commercial real estate portfolio is expected to be completed on July 9, 2024. The commercial real estate portfolio will spin-off into a new independent, publicly-t ...

Record Date for Distribution of Sunrise Realty Trust to be July 8, 2024Distribution Date Expected to be July 9, 2024Board of Directors Declares $0.15 per Share Spin-Off Special Dividend WEST PALM BEACH, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that the previously announced spin-off of its commercial real estate portfolio is expected to be completed on July 9, 2024. The commercial real estate portfolio will spin-off into a new independent, publicly-t ...

WEST PALM BEACH, Fla., June 04, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) ("AFC Gamma") today announced that it has successfully exited its $84.0 million loan to Subsidiary of Public Company H. This was AFC Gamma's largest loan in its portfolio and during our last earnings call, we noted that the borrower failed to make its April interest payment in May. Through active portfolio management, AFC Gamma is pleased to announce that it has sold the loan to a third-party at par plus accrued, which ge ...

WEST PALM BEACH, Fla., June 04, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that it has successfully exited its $84.0 million loan to Subsidiary of Public Company H. This was AFC Gamma’s largest loan in its portfolio and during our last earnings call, we noted that the borrower failed to make its April interest payment in May. Through active portfolio management, AFC Gamma is pleased to announce that it has sold the loan to a third-party at par plus accrued, which ge ...