Sunrise Realty Trust completes its merger with Southern Realty Trust, creating a consolidated platform with $534 million in total assets and 14 active loan commitments.
The merger of Southern Realty Trust into SUNS closed on Nov. 5, 2026, creating a combined platform with approximately $285 million of book value, $534 million of total assets and $604 million of loan commitments across 14 loans. The larger scale and simplified structure are modestly supportive, but the deal was previously announced, so completion itself is largely priced in and the release gives no earnings or dividend figures.
Yes. The combined company continues to operate as Sunrise Realty Trust, Inc. and its common stock continues to trade on Nasdaq under the ticker SUNS.
On a pro forma basis as of June 30, 2026, it had roughly $285 million of book value, $534 million of total assets and $604 million of total loan commitments across 14 portfolio loans, mostly in core Southern U.S. markets.
Sunrise Realty Trust has finalized its merger with Southern Realty Trust, consolidating two Tannenbaum Capital Group entities into a single, larger commercial real estate lending platform. The combined entity reports $534 million in total assets and $285 million in book value, with operations continuing under the SUNS ticker on the Nasdaq.
Yes. The combined company continues to operate as Sunrise Realty Trust, Inc. and its common stock continues to trade on Nasdaq under the ticker SUNS.
On a pro forma basis as of June 30, 2026, it had roughly $285 million of book value, $534 million of total assets and $604 million of total loan commitments across 14 portfolio loans, mostly in core Southern U.S. markets.