Sunrise Realty Trust (SUNS) has committed $25.6M to a $36.6M senior loan commitment originated by TCG Real Estate for the financing of the CollectionSuites, an industrial-for-sale development including two projects located in Doral and Palm Springs, Florida. Affiliated lenders on the TCG Real Estate platform committed the remaining $11M to the senior loan financing. The Sponsor of the Project, JMF Consulting, is headquartered in Doral and has expertise in the design and development of premium and highly secure real estate projects.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SUNS:
