Sunrise Realty Trust Inc. Originates $41.0 Million Bridge Loan for Dornin Investment Group on Mixed-Use Asset in One of South Florida's Medical Hubs

WEST PALM BEACH, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. ("SUNS" or "the Company") (NASDAQ:SUNS), an affiliate of TCG Real Estate, today announced that it has committed $30.8 million to a $41.0 million note-on-note bridge loan. This loan is for the full repayment of an existing senior mortgage on a mixed-use asset, the "Project" or "Property", featuring senior living, medical office, and retail located in an upscale suburb of Miami, FL. The remaining $10.3 million is held by an af ...