SUNS
Sunrise Realty Trust, Inc. Common StockSUNS
SUNS
About: Sunrise Realty Trust Inc is a real estate investment trust company. It is focus on originating CRE debt investments and providing capital to high-quality borrowers and sponsors with transitional business plans collateralized by CRE assets with opportunities for near-term value creation, as well as recapitalization opportunities. It intends to create a diversified investment portfolio, targeting investments in senior mortgage loans, mezzanine loans, whole loans, B-notes, CMBS and debt-like preferred equity securities across CRE asset classes and investment mix to include high quality multi-family, condominiums, retail, office, hospitality, industrial, mixed use and specialty-use real estate.
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
8% more capital invested
Capital invested by funds: $32.1M [Q3] → $34.5M (+$2.45M) [Q4]
3.19% more ownership
Funds ownership: 32.12% [Q3] → 35.31% (+3.19%) [Q4]
0% more funds holding
Funds holding: 57 [Q3] → 57 (+0) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10.75
19%
upside
Avg. target
$13.42
48%
upside
High target
$15
66%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Jade Rahmani 35% 1-year accuracy 13 / 37 met price target | 19%upside $10.75 | Outperform Maintained | 7 Apr 2025 |
Raymond James Stephen Laws 0% 1-year accuracy 0 / 16 met price target | 60%upside $14.50 | Outperform Maintained | 10 Mar 2025 |
B. Riley Securities Randy Binner 0% 1-year accuracy 0 / 1 met price target | 66%upside $15 | Buy Initiated | 13 Feb 2025 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Sunrise Realty Trust, Inc. (SUNS) Q4 2024 Earnings Call Transcript
Sunrise Realty Trust, Inc. (NASDAQ:SUNS ) Q4 2024 Earnings Call March 6, 2025 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer Leonard Tannenbaum - Executive Chairman Brian Sedrish - Chief Executive Officer Brandon Hetzel - Chief Financial Officer Conference Call Participants Randy Binner - B. Riley Securities Stephen Laws - Raymond James Jade Rahmani - KBW Gaurav Mehta - Alliance Global Partners Operator Hello and welcome to Sunrise Realty Trust's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Neutral
GlobeNewsWire
1 month ago
Sunrise Realty Trust, Inc. Announces Financial Results for Fourth Quarter and Year Ended 2024
Fourth quarter 2024 GAAP net income of $1.9 million or $0.27 per basic weighted average common share and Distributable Earnings ( 1 ) of $2.0 million or $0.30 per basic weighted average common share
Neutral
GlobeNewsWire
2 months ago
Sunrise Realty Trust Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ending December 31, 2024
WEST PALM BEACH, Fla., Feb. 12, 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 will release its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 6, 2025 before market open.
Neutral
GlobeNewsWire
2 months ago
Sunrise Realty Trust, Inc. Commits $44.0 Million to a Senior Loan for Shell Plaza at the River District in New Orleans, Louisiana
WEST PALM BEACH, Fla., Feb. 03, 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 closed on a $44.0 million commitment to a $74.5 million senior loan originated by the TCG Real Estate platform for the construction of Shell Plaza (the “Project” or “Shell Plaza”) in New Orleans. Located on Convention Center Boulevard and Henderson Street on a 1.6-acre parcel, the build-to-suit net lease property will serve as regional headquarters for Shell USA Inc. (the “Tenant”). The remaining $30.5 million of the loan was syndicated to two affiliates on the TCG Real Estate platform (comprising $20.5 million) and another affiliated lending partner (comprising $10.0 million). The sponsor is a partnership between Lauricella Land Company (“Lauricella”) and Cypress Equities (“Cypress”), leveraging Lauricella's long-standing relationships with the Shell team in New Orleans and Cypress' demonstrated expertise in large build-to-suit developments.
Neutral
GlobeNewsWire
2 months ago
Southern Realty Trust Commits $20.0 Million to a Senior Loan for Shell Plaza at River District in New Orleans, Louisiana
WEST PALM BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”), a lender on the Tannenbaum Capital Group (“TCG”) | Real Estate platform, today announced that it closed on a $20.0 million commitment to a $74.5 million senior loan originated by the TCG Real Estate platform for the construction of Shell Plaza (the “Project” or “Shell Plaza”) in New Orleans. Located on Convention Center Boulevard and Henderson Street on a 1.6-acre parcel, the build-to-suit net lease property will serve as regional headquarters for Shell USA Inc. (the “Tenant”). The remaining $54.5 million of the loan was syndicated to two affiliates on the TCG Real Estate platform (comprising $44.5 million) and another affiliated lending partner (comprising $10.0 million). The sponsor is a partnership between Lauricella Land Company (“Lauricella”) and Cypress Equities (“Cypress”), leveraging Lauricella's long-standing relationships with the Shell team in New Orleans and Cypress' demonstrated expertise in large build-to-suit developments.
Positive
24/7 Wall Street
2 months ago
Insiders Are Scooping Up These 5 Stocks Now
Since the beginning of the year, the number of notable insider purchases has been lower than usual.
Neutral
GlobeNewsWire
2 months ago
Tannenbaum Capital Group Bolsters SUNS Investment Team with Appointment of Alfred Trivilino
WEST PALM BEACH, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS) today announced the appointment of Alfred Trivilino as Managing Director on the Tannenbaum Capital Group | Real Estate platform. In his new role, Mr. Trivilino will play a key role in sourcing, underwriting and structuring deals with attractive risk adjusted returns for the SUNS portfolio, enabling the Company to remain at the forefront of innovation and excellence in commercial real estate credit.
Neutral
GlobeNewsWire
2 months ago
Sunrise Realty Trust, Inc. Announces Launch of Common Stock Offering
WEST PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“Sunrise Realty” or “the Company”) (Nasdaq: SUNS), an institutional lender that originates and funds loans to commercial real estate projects in the Southern United States, today announced that it has launched an underwritten public offering (the “Offering”) of 5,500,000 shares of its common stock. Sunrise Realty intends to grant the underwriters of the Offering a 30-day option to purchase up to an additional 825,000 shares of common stock.
Neutral
GlobeNewsWire
4 months ago
Sunrise Realty Trust Commits $32.0 Million in a Senior Loan for The Loren at Lady Bird Lake in Austin, Texas
WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it has committed $32.0 million, of which the Company funded $29.9 million, to a $57.0 million senior loan originated by an affiliate on the TCG Real Estate platform. This loan is for the refinancing of The Loren at Lady Bird Lake (the “Project” or “The Loren”), a luxury boutique hotel located in Austin, Texas. The Sponsor is The Loren Group, a leading real estate company that specializes in developing, owning, and managing luxury hotels in high-demand destination markets. JLL Capital Market's Debt Advisory team representing the borrower was led by Wally Reid and Scott Dickey.
Neutral
GlobeNewsWire
4 months ago
Southern Realty Trust Originates $57.0 Million Senior Loan for The Loren at Lady Bird Lake in Austin, Texas
WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”) today announced that it originated a senior loan in the aggregate amount of $57.0 million for the refinancing of The Loren at Lady Bird Lake (the “Project” or “The Loren”), a luxury hotel located in Austin, Texas. The Sponsor is The Loren Group, a leading real estate company that specializes in developing, owning, and managing luxury hotels in high-demand destination markets. SRT holds $25.0 million of the loan, while the remaining $32.0 million was syndicated to an affiliate on the TCG Real Estate platform. JLL Capital Market's Debt Advisory team representing the borrower was led by Wally Reid and Scott Dickey.
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