Sunrise Realty Trust, Inc. · NASDAQ:SUNS
Sunrise Realty Trust — Investor Presentation (2024)
23 slides from Sunrise Realty Trust's investor presentation, 2024
Slide 1: Powered by Knowledge and Experience
SUNRISE REALTY TRUST | INVESTOR PRESENTATION Powered by Knowledge and Experience Financial Solutions for Commercial Real Estate Investor Presentation NASDAQ: SUNS Q2 2024
Slide 2: Forward-Looking Statements
SUNRISE REALTY TRUST | INVESTOR PRESENTATION DISCLAIMER Forward-Looking Statements Some of the statements contained in this presentation constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and we intend such statements to be covered by t
Slide 3: Legal Disclaimers
SUNRISE REALTY TRUST | INVESTOR PRESENTATION DISCLAIMER Legal Disclaimers Important Notices This presentation is by Sunrise Realty Trust, Inc. (“SUNS” or the “Company”), a publicly-traded company that has elected to be taxed as a REIT for federal income tax purposes. This presentation is provided fo
Slide 4: Table of Contents
Company Overview 5 Investment Highlights 6 Table of Management Team 7 Contents Market Opportunity 8 -1 0 Investment Process 1 1 -1 3 Portfolio 14 Takeaways 15 Closed Deals 1 7-2 2 4
Slide 5: Introducing Sunrise Realty Trust
SUNRISE REALTY TRUST | INVESTOR PRESENTATION COMPANY OVERVIEW Introducing Sunrise Realty Trust Company Highlights(1) Sunrise Realty Trust (NASDAQ: SUNS) is an institutional lender that originates and funds loans to sponsors of commercial real estate projects in the Southern United States ~$120MM ~
Slide 6: Investment Highlights
SUNRISE REALTY TRUST | INVESTOR PRESENTATION INVESTMENT HIGHLIGHTS Investment Highlights Ideal Vintage ~$22.3 billion of CRE deals sourced by SUNS manager and its affiliates since October 2023, only pursuing ~1.8% of deals sourced with no legacy assets in the portfolio First investments closed i
Slide 7: Management Team with Demonstrated Track-Record
SUNRISE REALTY TRUST | INVESTOR PRESENTATION MANAGEMENT TEAM Management Team with Demonstrated Track-Record Leonard Brian Brandon Robyn Gabriel James Tannenbaum Sedrish Hetzel Tannenbaum Katz Velgot Executive Chief Executive Chief Financial Chief Legal Chief Marketing President Chairman Officer, Dir
Slide 8: Right Time, Right Place
SUNRISE REALTY TRUST | INVESTOR PRESENTATION MARKET OPPORTUNITY Right Time, Right Place Sunrise Realty Trust is pursuing an immediately actionable opportunity with a targeted geographical focus Why CRE Debt Today Why the Southern U.S. Rising Rates & Inflation Population & Employment Migration The du
Slide 9: Changes in Capital Stacks Present an Opportunity
SUNRISE REALTY TRUST | INVESTOR PRESENTATION MARKET OPPORTUNITY Changes in Capital Stacks Present an Opportunity(1) Due to the Fed’s rate increases and regional banks pulling back from the market, pricing for the types of deals that SUNS intends to focus on has gone up, while the attachment and deta
Slide 10: Demographic Shifts Favor The Southern U.S.
SUNRISE REALTY TRUST | INVESTOR PRESENTATION MARKET OPPORTUNITY Demographic Shifts Favor The Southern U.S. COVID has had a material impact on U.S. migration patterns, with the Southern U.S. benefiting from increased population and employment growth, which in select key Southern cities is outpacing t
Slide 11: Evolution of a SUNS Investment
SUNRISE REALTY TRUST | INVESTOR PRESENTATION INVESTMENT PROCESS Evolution of a SUNS Investment Continuous communication across the company from deal sourcing through portfolio management Sourcing & Loan Selection Structuring Portfolio Management Origination & Underwriting & Closing Maintains a dir
Slide 12: Highly-Selective Investment Process
SUNRISE REALTY TRUST | INVESTOR PRESENTATION INVESTMENT PROCESS Highly-Selective Investment Process(1) Sunrise Realty Trust takes a patient approach to investing, targeting opportunities with clear potential for value creation that meet a defined set of investment criteria Market Supply constrained
Slide 13: Robust Direct Origination Platform
SUNRISE REALTY TRUST | INVESTOR PRESENTATION INVESTMENT PROCESS Robust Direct Origination Platform SUNS continues to maintain a direct origination platform, produce a large universe of opportunities through multiple channels, then select the most attractive investments for comprehensive due diligenc
Slide 14: Sunrise Realty Trust Portfolio Overview
SUNRISE REALTY TRUST | INVESTOR PRESENTATION PORTFOLIO OVERVIEW Sunrise Realty Trust Portfolio Overview Current Principal Cash Original Loan As % of Total Fixed/ (1) Investment Commitment Balance Interest YTM Funding Date Maturity Total OID Floating as of 8/05/2024 as of 8/05/24 Rate (2) Mixed-use s
Slide 15: Strategy Meets Opportunity – Key Approaches
SUNRISE REALTY TRUST | INVESTOR PRESENTATION TAKEAWAYS Strategy Meets Opportunity – Key Approaches The Right Leadership Sunrise Realty Trust is positioned to The Right Market Opportunity take advantage of converging trends The Right Strategy favoring CRE in the Southern U.S. Opportunity Strategy Abi
Slide 16: Appendix
S"@ SUNRISE REALTY TRUST A TCG Company Appendix 16
Slide 17: Deal #1: Mixed-Use Senior Mortgage Loan in Texas
SUNRISE REALTY TRUST | INVESTOR PRESENTATION CLOSED DEALS CLOSED Deal #1: Mixed-Use Senior Mortgage Loan in Texas Jan. 4, 2024 HIGHLIGHTS LOCATION Houston, TX PROPERTY TYPE Mixed Use INVESTMENT TYPE Loan Purchase Senior & Subordinate INVESTMENT STRUCTURE Debt TOTAL SENIOR LOAN SIZE / HOLD $2.5MM / $
Slide 18: Deal #2: Residential Subordinate Loan in Florida
SUNRISE REALTY TRUST | INVESTOR PRESENTATION CLOSED DEALS CLOSED Deal #2: Residential Subordinate Loan in Florida Jan. 31, 2024 HIGHLIGHTS LOCATION Sarasota, FL Residential with PROPERTY TYPE Ground Floor Retail INVESTMENT TYPE Refinance INVESTMENT STRUCTURE Subordinate Loan TOTAL SUBORDINATE LOAN S
Slide 19: Deal #3: Residential Senior Mortgage Loan in Texas
SUNRISE REALTY TRUST | INVESTOR PRESENTATION CLOSED DEALS CLOSED Deal #3: Residential Senior Mortgage Loan in Texas Jul. 3, 2024 HIGHLIGHTS LOCATION Austin, TX PROPERTY TYPE Residential INVESTMENT TYPE Refinance INVESTMENT STRUCTURE Senior Debt SENIOR LOAN/HOLD SIZE(1) $35MM / $14MM CASH INTEREST RA
Slide 20: Deal #4: Hospitality Senior Mortgage Loan in Texas
SUNRISE REALTY TRUST | INVESTOR PRESENTATION CLOSED DEALS CLOSED Deal #4: Hospitality Senior Mortgage Loan in Texas Jul. 31, 2024 HIGHLIGHTS LOCATION San Antonio, TX PROPERTY TYPE Hospitality INVESTMENT TYPE Refinance INVESTMENT STRUCTURE Senior Debt SENIOR LOAN SIZE(1) $42MM / $27MM CASH INTEREST R
Slide 21: Deal #5A: Residential Senior Mortgage Loan in Florida
SUNRISE REALTY TRUST | INVESTOR PRESENTATION CLOSED DEALS CLOSED Deal #5A: Residential Senior Mortgage Loan in Florida Aug. 5, 2024 TERM LOAN HIGHLIGHTS LOCATION Palm Beach Gardens, FL PROPERTY TYPE Residential INVESTMENT TYPE Refinance INVESTMENT STRUCTURE Senior Debt TOTAL TERM LOAN SIZE(1) $85MM
Slide 22: Deal #5B: Residential Senior Mortgage Loan in Florida
SUNRISE REALTY TRUST | INVESTOR PRESENTATION CLOSED DEALS CLOSED Deal #5B: Residential Senior Mortgage Loan in Florida Aug. 5, 2024 REVOLVER HIGHLIGHTS LOCATION Palm Beach Gardens, FL PROPERTY TYPE Residential INVESTMENT TYPE Construction INVESTMENT STRUCTURE Senior Debt REVOLVER SIZE(1) $75MM REVOL
Slide 23: Contact Us
Contact Us ir@sunriserealtytrust.com www.sunriserealtytrust.com