Sunrise Realty Trust, Inc. Expands Revolving Credit Facility to $90 Million with Addition of City National Bank as Joint Lead Arranger

WEST PALM BEACH, Fla., May 20, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS”) (Nasdaq: SUNS), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) to $90 million in total commitments. The expansion follows a new $40 million commitment from City National Bank of Florida (“CNB”), which joins the facility 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.

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