Sunrise Realty Trust, Inc. announced on May 20, 2025, the expansion of its senior secured revolving credit facility to $90 million in total commitments. This expansion includes a new $40 million commitment from City National Bank of Florida (CNB), which joins as Joint Lead Arranger.
East West Bank, the Administrative Agent, initially provided a $50 million commitment when the facility was established in November 2024. The credit facility remains expandable to $200 million, subject to customary conditions and additional lender participation.
The increased borrowing capacity provides SUNS with added financial flexibility to fund its commercial real estate loan pipeline, support existing commitments, and manage general working capital. This expansion reflects confidence in SUNS's lending approach and market opportunity.
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