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Sunrise Realty Trust, Inc. Commits $46.5 Million as part of a $62.0 Million Senior Loan for The Bohéme in the Bishops Arts District of Dallas, Texas
SUNSSunrise Realty Trust, Inc.(SUNS) Newsfilter·2025-03-18 12:00

WEST PALM BEACH, Fla., March 18, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. ("SUNS" or the "Company") (NASDAQ:SUNS), a lender on the Tannenbaum Capital Group ("TCG") Real Estate platform, today announced that it closed on a 46.5millioncommitmenttoa46.5 million commitment to a 62.0 million senior loan originated by the TCG Real Estate platform to refinance The Bohéme, a Class-A Multifamily asset in Dallas, TX ("Bohéme" or "Property"), with 44.3millionoftheSUNScommitmentfundedatclosing.Theremaining44.3 million of the SUNS commitment funded at closing. The remaining 15.5 millio ...