Sunrise Realty Trust announces closing of senior revolving credit facility

Sunrise Realty Trust (SUNS) announced the closing of a new senior secured revolving credit facility with East West Bank serving as agent and the initial lender. The Revolving Credit Facility provides access up to $200 million in borrowing capacity, subject to available borrowing base and additional commitments, with an initial commitment of $50 million. With favorable terms, including an interest rate of SOFR plus 2.75%, the Revolving Credit Facility offers SUNS flexibility to borrow and repay funds as needed. This facility strengthens SUNS’ ability to pursue strategic growth initiatives and capitalize on high-quality investment opportunities across the Southern United States.