Sunrise Realty Trust Commits $35.0 Million to a $370.0 Million First Mortgage Loan for the Financing of the Lofty & Standard in Miami, FL

WEST PALM BEACH, Fla., Sept. 29, 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 $35.0 million to a $370.0 million first mortgage loan for the Lofty & Standard, a two-tower condominium development in the Brickell neighborhood of Miami, Florida (the “Project”). As part of the financing, affiliated lenders on the TCG Real Estate platform committed an additional $25.0 million to the first mortgage loan. The Project is a joint venture between Two Roads Development (“Two Roads”) and Newgard Development Group (“Newgard” and, collectively with Two Roads, the “Sponsor”).

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