Sunrise Realty Trust, Inc.
SUNS
$8.42
-$0.17-1.98%
NASDAQ
Corporate Info
Website
Phone Number
561 530 3315
Address
525 Okeechobee Blvd.
Suite 1650
West Palm Beach, FL 33401
Suite 1650
West Palm Beach, FL 33401
Country
United States
Year Founded
2023
Details
Sector
Financials
Industry
Financial Services
Employees
Business Description
Sunrise Realty Trust, Inc. engages in commercial real estate lending business in the United States. The company focuses on originating commercial real estate (CRE) loans and providing capital to borrowers and sponsors with business plants collateralized by CRE assets. It also intends to diversify investment portfolio, targeting investments for mortgage loans, mezzanine loans, B-notes, commercial mortgage-backed securities, and debt-like preferred equity securities across CRE asset classes. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Sunrise Realty Trust, Inc. was founded in 2023 and is headquartered in West Palm Beach, Florida.