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Southern Realty Trust Announces the Closing of Up to $200 Million Revolving Credit Facility with Initial $50 Million Commitment from East West Bank
SUNSSunrise Realty Trust, Inc.(SUNS) Newsfilter·2025-01-30 13:00

WEST PALM BEACH, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. ("SRT" or the "Company"), part of TCG Real Estate, today announced that it closed a senior secured revolving credit facility ("Credit Facility"), with East West Bank serving as agent and providing an initial commitment of $50 million, with the ability to expand to $200 million, subject to certain conditions and lender participation. Proceeds will support unfunded commitments under existing loans, new commercial real estate ( ...