Business
Sunrise Realty Trust Commits $48 Million to a Senior Whole Loan to Refinance a 15-Property Portfolio of Graduate by Hilton Hotels
WEST PALM BEACH, Fla., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced that it had committed $48 million of a $69 million B-note, subordinate to a $337 million A-note held by a third party lender, on behalf of the borrower, AJ Capital Partners. The combined $406 million in proceeds were used for the refinancing of a 15-property portfolio of Graduate by Hil
About this update from Sunrise Realty Trust, Inc.
[{"type":"image","alt":"Sunrise Realty Trust, Inc.","displaySize":"","headline":null,"caption":"Sunrise Realty Trust, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":170,"url":"https://media.zenfs.com/en/globenewswire.com/a3ae03aaf388bfed54517213a4c1a002"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zxHRaoy8dPCX1PHDZL7kmA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIzODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/a3ae03aaf388bfed54517213a4c1a002","width":300,"height":170}},"lazy":false},{"type":"text","content":"WEST PALM BEACH, Fla., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced that it had committed $48 million of a $69 million B-note, subordinate to a $337 million A-note held by a third party lender, on behalf of the borrower, AJ Capital Partners. The combined $406 million in proceeds were used for the refinancing of a 15-property portfolio of Graduate by Hilton hotels (the "Project"). An affiliate on the TCG Real Estate Platform holds the remaining $21 million of the B-note.","length":629,"tagName":"p"},{"type":"text","content":"The Project reflects the borrower’s long-term strategy of investing in university-anchored lodging given its high-conviction in collegiate lodging demand and its belief in opportunities for continuing portfolio synergies. The portfolio consists of 15 full service, upscale hotels in major university markets across the U.S., including the University of Michigan, University of Virginia, and UC Berkeley.","length":403,"tagName":"p"},{"type":"text","content":""This transaction exemplifies our ability to identify compelling opportunities in markets with captive demand and limited new supply, and, as importantly, reflects our strong conviction in cultivating mutually valuable partnerships for the long-term," said Brian Sedrish, CEO of SUNS. "By partnering with a top-tier institution to support the sponsor’s vision for these premier assets, we continue to execute on our mission of financing transitional CRE projects to deliver attractive risk-adjusted returns for our shareholders."","length":549,"tagName":"p"},{"type":"text","content":"About Sunrise Realty Trust, Inc.","length":32,"tagName":"p"},{"type":"text","...