Provided By GlobeNewswire
Last update: Oct 20, 2025
WEST PALM BEACH, Fla., Oct. 20, 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 has committed $25.6 million to a $36.6 million senior loan commitment originated by TCG Real Estate for the financing of the CollectionSuites, an industrial-for-sale development including two projects located in Doral and Palm Springs, Florida (together, “CollectionSuites” or the “Project”). Affiliated lenders on the TCG Real Estate platform committed the remaining $11.0 million to the senior loan financing. The Sponsor of the Project, JMF Consulting (“JMF” or the “Sponsor”), is headquartered in Doral and has expertise in the design and development of premium and highly secure real estate projects.
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