Sunrise Realty Trust Inc

Solar Senior Capital Ltd, operates as a private equity fund. It is a closed-end, externally managed, non-diversified management investment company. It also provides investors access to an illiquid private credit asset class through a yield-oriented, publicly-traded common stock. The company was founded in December 2010 and is headquartered in New York, NY.

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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Sunrise Realty Trust, Inc. engages in providing capital solutions to commercial real estate markets. It focuses on assets such as multifamily, for-sale condominiums, industrial, retail, office, hospitality, and select specialty-use. The company was founded by Leonard Mark Tannenbaum on August 28, 2023 and is headquartered in West Palm Beach, FL.

WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”) today announced that it originated a senior loan in the aggregate amount of $57.0 million for the refinancing of The Loren at Lady Bird Lake (the “Project” or “The Loren”), a luxury hotel located in Austin, Texas. The Sponsor is The Loren Group, a leading real estate company that specializes in developing, owning, and managing luxury hotels in high-demand destination markets. SRT holds $25.0 million of the loan, while the remaining $32.0 million was syndicated to an affiliate on the TCG Real Estate platform. JLL Capital Market's Debt Advisory team representing the borrower was led by Wally Reid and Scott Dickey.

Southern Realty Trust Originates $57.0 Million Senior Loan for The Loren at Lady Bird Lake in Austin, Texas

WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it has committed $32.0 million, of which the Company funded $29.9 million, to a $57.0 million senior loan originated by an affiliate on the TCG Real Estate platform. This loan is for the refinancing of The Loren at Lady Bird Lake (the “Project” or “The Loren”), a luxury boutique hotel located in Austin, Texas. The Sponsor is The Loren Group, a leading real estate company that specializes in developing, owning, and managing luxury hotels in high-demand destination markets. JLL Capital Market's Debt Advisory team representing the borrower was led by Wally Reid and Scott Dickey.

Sunrise Realty Trust Commits $32.0 Million in a Senior Loan for The Loren at Lady Bird Lake in Austin, Texas

WEST PALM BEACH, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it has committed $13.0 million to a $26.0 million subordinate loan for the development of the Excel Miami Apartments (“Excel” or the “Project”), a 24-story multifamily tower located at 1550 NE Miami Place in Miami's Art & Entertainment District. An affiliated entity committed the remaining $13.0 million of the total loan amount. Centennial Bank provided a $68.5 million senior construction loan, with Jay Brito orchestrating the senior loan transaction. The Sponsor is Clearline Real Estate (“Clearline”), a real estate investment and development firm led by Jenny Bernell. Clearline is headquartered in New York and Miami and focuses on multifamily real estate investments across growing U.S. regions.

Sunrise Realty Trust Commits $13.0 Million in a Subordinate Loan for Excel Miami Apartments

Sunrise Realty Trust, Inc. (NASDAQ:SUNS ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer Leonard Tannenbaum - Executive Chairman Brian Sedrish - CEO Brandon Hetzel - CFO Conference Call Participants Stephen Laws - Raymond James Chris Muller - Citizens JMP Operator Good morning, and welcome to Sunrise Realty Trust's Third Quarter Earnings Call. At this time, all participants are in a listen-only mode.

Sunrise Realty Trust, Inc. (SUNS) Q3 2024 Earnings Call Transcript

Third quarter 2024 GAAP net income of $1.7 million or $0.26 per basic weighted average common share and Distributable Earnings(1) of $1.9 million or $0.27 per basic weighted average common share

Sunrise Realty Trust, Inc. Announces Financial Results for Third Quarter 2024

Sunrise Realty Trust is a new commercial mortgage REIT that started trading this year in July. Migration trends to the southern states, in my view, suggest SUNS is well-positioned to build a profitable lending business. Rate cuts and a potential increase in its dividend would lead to a higher share price.

Sunrise Realty Trust: High-Yield mREIT Captures Growth In Florida And Texas

WEST PALM BEACH, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it plans to report earnings for the quarter ended September 30, 2024 on Thursday, November 7, 2024.

Sunrise Realty Trust, Inc. Schedules Third Quarter 2024 Earnings Conference Call for November 7, 2024

Sunrise Realty Trust, Inc. (NASDAQ:SUNS ) Q2 2024 Earnings Call Transcript August 14, 2024 10:00 AM ET Company Participants Anna Kim - Chief Legal Officer Leonard Tannenbaum - Executive Chairman Brian Sedrish - CEO Brandon Hetzel - CFO Conference Call Participants Stephen Laws - Raymond James Operator Good morning and welcome to Sunrise Realty Trust's Second Quarter Business Update Conference Call. At this time, all participants are in listen-only mode.

Sunrise Realty Trust, Inc. (SUNS) Q2 2024 Earnings Call Transcript

Board of Directors Declares a Partial Q3 2024 Dividend of $0.21 per Common Share and a Normal Q4 2024 Dividend of $0.42 per Common Share Board of Directors Declares a Partial Q3 2024 Dividend of $0.21 per Common Share and a Normal Q4 2024 Dividend of $0.42 per Common Share

Sunrise Realty Trust, Inc. Provides Quarterly Business Update and Declares Dividends for Third and Fourth Quarters of 2024

WEST PALM BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it plans to report earnings for the quarter ended June 30, 2024 on Wednesday, August 14, 2024.

Sunrise Realty Trust, Inc. Schedules Second Quarter 2024 Earnings Conference Call for August 14, 2024

WEST PALM BEACH, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”), an institutional commercial real estate lender focused on the Southern United States, today announced that it invested $14.1 million in a senior secured mortgage loan for the refinance of Jovie Belterra (the “Project”), a 150-unit 55+ age-restricted active adult multi-family rental development in southwest Austin. An affiliated fund invested the remaining $21.1 million of the total loan amount.

Sunrise Realty Trust Invests $14.1 Million in Senior Loan for an Austin Multi-Family Development

Solar Capital

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) are pleased to announce that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the “Merger”) at their respective special meetings of stockholders held on March 21, 2022.

SLR Investment Corp. and SLR Senior Investment Corp. Announce Stockholder Approval of Merger

SLRC and SUNS are among the worst-performing BDCs over the last two years, mostly related to lower dividend coverage and declining NAV per share.

Vote 'No' On This High-Yield Merger: SLR Investment

SLR Senior Investment Corp. (SUNS) Management on Q4 2021 Results - Earnings Call Transcript

SLR Senior (SUNS) delivered earnings and revenue surprises of 0% and 5.66%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

SLR Senior (SUNS) Q4 Earnings Match Estimates

Record Originations Volume Drove a 36% Year-Over-Year Increase in Comprehensive Portfolio

SLR Senior Investment Corp. Announces Year Ended December 31, 2021 Financial Results

NEW YORK, Feb. 03, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS), today declared a distribution of $0.10 per share for the month of February 2022. The distribution is payable on March 1, 2022 to stockholders of record as of February 17, 2022. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for February 2022

NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) today announced that it will release its financial results for the quarter and fiscal year ended December 31, 2021 on Tuesday, March 1, 2022 after the close of the financial markets.

SLR Senior Investment Corp. Schedules the Release of its Financial Results for the Quarter and Fiscal Year Ended December 31, 2021

NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of January 2022. The distribution is payable on February 2, 2022 to stockholders of record as of January 20, 2022. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for January 2022

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Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually or (ugh) annually, your anticipatory angst waiting for money is reduced by 300%, or more! These December U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (102); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >6.99% (80).

102 Monthly Pay Dividend Stocks And 80 Funds: December's Gift Bag

MILWAUKEE, Dec. 6, 2021 /PRNewswire/ -- Ademi LLP is investigating (NASDAQ: SUNS), for possible breaches of fiduciary duty and other violations of law in its transaction with SLRC.  Click here to learn how to join the action: https://www.ademilaw.com/case/slr-senior-investment-corp or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether SLR Senior Investment Corp. has obtained a Fair Price in its transaction with SLR Investment Corp.

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of SLR Senior Investment Corp. ("SUNS" or the "Company") (NASDAQ: SUNS) in connection with the proposed merger of the Company with SLR Investment Corp. ("SLR") (NASDAQ: SLRC). Under the terms of the proposed merger, SUNS shareholders will receive an amount of SLRC shares with a net asset value ("NAV") equal to the NAV of SUNS shares that they hold at the time of closing.

SHAREHOLDER ALERT: WeissLaw LLP Investigates SLR Senior Investment Corp.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of SLR Senior Investment Corp. (NASDAQ: SUNS) to SLR Investment Corp. (“SLRC”) is fair to SUNS shareholders. Under the terms of the proposed merger, SUNS shareholders will receive an amount of SLRC shares with a net asset value equal to the net asset value of SUNS shares that they hold at the time of closing. Halper Sadeh encourages SUNS shareholders to click here to learn more abou

Suns Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of SLR Senior Investment Corp. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – SUNS

NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of December 2021. The distribution is payable on January 5, 2022 to stockholders of record as of December 16, 2021. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for December 2021

NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) today announced that they have entered into an agreement to merge together, with SLRC as the surviving company, subject to stockholder approval and customary closing conditions. The Boards of Directors of both SLRC and SUNS, on the recommendation of their special committees consisting only of the independent directors, have unanimously approved the transaction.

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