Sunrise Realty Trust, Inc. provided a preliminary estimate of its distributable earnings for the quarter ended March 31, 2025, on April 22, 2025. The company expects distributable earnings to be at or close to $0.30 per basic weighted average common share for the first quarter.
This estimate is based on certain assumptions related to the deployment of capital from its January 2025 equity offering. The company aims to provide transparency regarding its financial trajectory as it continues to invest.
The preliminary estimate offers an early indication of the company's performance as it deploys capital into new commercial real estate loans. This information helps investors gauge the effectiveness of recent financing activities.
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