Senior Bridge Loan
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Sunrise Realty Trust Commits to a $21.6 Million Senior Bridge Loan for the Acquisition of a Premier Ranch Property in Southern Colorado
Globenewswire· 2026-02-04 13:00
Core Insights - Sunrise Realty Trust, Inc. has successfully originated, closed, and exited a $14.0 million commitment for a $21.6 million senior bridge loan to finance the acquisition of 11,000 acres of Silver Mountain Ranch in Colorado [1][2] - The loan was provided to JW Cattle Ranch LLC, a specialized land investor, to facilitate the acquisition from The Nature Conservancy, ensuring the property is protected by a conservation easement [1][2] Company Overview - Sunrise Realty Trust, Inc. (Nasdaq: SUNS) is an institutional commercial real estate lender focused on providing flexible financing solutions primarily in the Southern United States [4] - The company targets transitional commercial real estate projects with potential for near-term value creation, backed by high-quality assets in rapidly expanding markets [4] Transaction Details - The bridge loan is structured as a short-term facility of up to six months, contingent on the closing of the sale to the buyer [2] - The transaction highlights the company's ability to execute customized financing solutions that meet sponsors' timelines while delivering attractive risk-adjusted returns [3] Strategic Focus - The company emphasizes its strong credit profile for the loan, supported by comprehensive guarantees and a clear exit strategy involving a premier institutional-quality buyer [3] - Sunrise Realty Trust aims to support sponsors with deep expertise in specific asset classes, enhancing value for shareholders [3]
Sunrise Realty Trust Commits $30.0 Million to a $45.0 Million Senior Bridge Loan to Refinance a Premier Retail Property in Houston, TX
Globenewswire· 2025-10-27 12:00
Core Insights - Sunrise Realty Trust, Inc. has committed $30 million to a $45 million senior bridge loan for refinancing a Class-A retail property in Houston, Texas [1] - The project is fully leased to high-end lifestyle establishments, indicating strong tenant demand and market positioning [2][3] Company Overview - Sunrise Realty Trust, Inc. is an institutional commercial real estate lender focused on transitional CRE projects in the Southern United States [4] - The company aims to provide flexible financing solutions that support near-term value creation, primarily in established and rapidly expanding markets [4] Project Details - The retail property is located at the intersection of Galleria and River Oaks, two desirable areas in Houston, and is fully leased to a mix of high-performing tenants [2][3] - Tenants include a private social club, an upscale restaurant, and a leading-edge healthcare facility, showcasing a diverse and complementary tenant mix [2] Market Positioning - The CEO of Sunrise Realty Trust expressed confidence in the project due to its prime location, fully leased status, and strong demographic trends, suggesting it is well-positioned to capture demand [3] - The project is a joint venture involving experienced leaders in hospitality and luxury development, further enhancing its credibility and potential for success [1][3]