SUNS News & Events

Brian Sedrish, Chief Executive Officer of SUNS, said, "Looking ahead to 2026, we continue to see a clear bifurcation in the commercial mortgage REIT landscape between lenders that are positioned to originate new loans and those that remain focused primarily on asset management. SUNS' strategy is designed for this environment: we are a lower-leverage lender that prioritizes real estate fundamentals and structured solutions for transitional assets in the Southern U.S. As larger lenders concentrate further on multifamily and industrial, we believe a meaningful portion of the transitional lending market will remain underserved, creating an opportunity set where SUNS can continue to be selective and pursue compelling, risk-adjusted returns."

Sunrise Realty Trust committed $48M of a $69M B-note, subordinate to a $337M A-note held by a third party lender, on behalf of the borrower, AJ Capital Partners. The combined $406M in proceeds were used for the refinancing of a 15-property portfolio of Graduate by Hilton hotels. An affiliate on the TCG Real Estate Platform holds the remaining $21M of the B-note.