Sunrise Realty Trust commits $25.6 million to finance CollectionSuites, luxury industrial developments in Florida.
Quiver AI Summary
Sunrise Realty Trust, Inc. (SUNS) has announced a commitment of $25.6 million as part of a $36.6 million senior loan for the CollectionSuites project, developed by Tannenbaum Capital Group (TCG) in Florida. The CollectionSuites will feature industrial spaces designed for collectors, located in Doral and Palm Springs, and will provide luxury amenities such as high ceilings, showroom layouts, and private clubhouses. JMF Consulting, the project's sponsor, aims to create spaces that merge functionality with elegance for collectors of cars, art, and wine. This financing is part of TCG’s efforts to support transitional commercial real estate projects in the Southern U.S., driven by a focus on upscale assets.
Potential Positives
- Sunrise Realty Trust has committed $25.6 million to a significant $36.6 million senior loan, demonstrating confidence in the CollectionSuites project, which could enhance their portfolio and revenue potential.
- The CollectionSuites project aims to set a new luxury standard in the industrial real estate sector, possibly attracting high-value clients and increasing demand for SUNS's financial services.
- The collaboration with Tannenbaum Capital Group and JMF Consulting, which brings expertise in premium real estate projects, may strengthen the company's reputation and strategic partnerships in the market.
Potential Negatives
- The press release emphasizes a significant loan commitment by the company, which may highlight the company's dependency on external financing for growth, raising concerns about financial stability.
- The inclusion of forward-looking statements indicates uncertainty regarding the company's future performance, which may alarm investors and stakeholders.
- The reference to potential risks and uncertainties could suggest that the company is facing challenges that might impact its operational success in the future.
FAQ
What is the CollectionSuites project by TCG Real Estate?
The CollectionSuites project is an industrial-for-sale development in Doral and Palm Springs, Florida, focusing on luxury real estate for collectors.
How much funding has Sunrise Realty Trust committed to the CollectionSuites?
Sunrise Realty Trust has committed $25.6 million to the CollectionSuites, part of a $36.6 million senior loan financing.
What features do the CollectionSuites offer to owners?
The CollectionSuites feature 21-foot ceilings, showroom-style layouts, private clubhouses, and premium finishes, enhancing the collector experience.
Who is the sponsor of the CollectionSuites project?
The project sponsor is JMF Consulting, a company based in Doral with expertise in high-end real estate development.
What type of properties does Sunrise Realty Trust focus on?
Sunrise Realty Trust focuses on transitional commercial real estate projects in the Southern U.S. with potential for near-term value creation.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SUNS Insider Trading Activity
$SUNS insiders have traded $SUNS stock on the open market 16 times in the past 6 months. Of those trades, 16 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SUNS stock by insiders over the last 6 months:
- LEONARD M TANNENBAUM (Executive Chairman) has made 16 purchases buying 225,663 shares for an estimated $2,375,999 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Full Release
WEST PALM BEACH, Fla., Oct. 20, 2025 (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 has committed $25.6 million to a $36.6 million 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 (together, “CollectionSuites” or the “Project”). Affiliated lenders on the TCG Real Estate platform committed the remaining $11.0 million to the senior loan financing. The Sponsor of the Project, JMF Consulting (“JMF” or the “Sponsor”), is headquartered in Doral and has expertise in the design and development of premium and highly secure real estate projects.
The Project introduces a new standard in luxury industrial real estate, offering elegantly designed suites crafted for discerning collectors. Each space combines functionality and sophistication, featuring 21-foot ceilings, showroom-style layouts, mezzanine lounges, and premium finishes throughout. Both the Doral and Palm Springs locations will include a private clubhouse with curated amenities, creating an exclusive environment for owners to showcase and preserve their most prized possessions.
By integrating high-level security, modern architecture, and community-driven amenities, CollectionSuites elevates the concept of industrial ownership into an experience that celebrates legacy and passion.
Juan Manuel Fayen, Founder of CollectionSuites, commented, “CollectionSuites was born from the vision of creating spaces that transcend functionality — sanctuaries where every collector can preserve and celebrate their legacy. The support of TCG Real Estate reinforces that vision and enables us to continue expanding a concept that redefines how collectors of cars, art, and wine protect and experience their passions."
About Sunrise Realty Trust, Inc.
Sunrise Realty Trust, Inc. (Nasdaq: SUNS) is an institutional commercial real estate (“CRE”) lender providing flexible financing solutions to sponsors of CRE projects primarily in the Southern United States. It focuses on transitional CRE business plans with the potential for near-term value creation, collateralized by top-tier assets predominantly located in established and rapidly expanding Southern markets. For additional information regarding the Company, please visit www.sunriserealtytrust.com .
About TCG Real Estate
TCG Real Estate refers to a group of affiliated CRE-focused debt funds, including a Nasdaq-listed mortgage REIT, Sunrise Realty Trust, Inc. (Nasdaq: SUNS), and a private mortgage REIT, Southern Realty Trust Inc. The funds provide flexible financing on transitional CRE properties that present opportunities for near-term value creation, with a focus on top-tier CRE assets located primarily within markets in the Southern U.S. benefiting from economic tailwinds with growth potential. For additional information regarding TCG, please visit www.theTCG.com .
Forward-Looking Statements
Certain statements contained in this press release, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward-looking statements. The Company’s forward-looking statements are generally accompanied by words such as “intend,” “will,” “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” “plan,” “goal” or other words that convey the uncertainty of future events or outcomes. Statements, among others, relating to the Company’s beliefs with respect to demand in the Florida market and the Property’s positioning in the market and are forward-looking statements. Forward-looking statements contained in this press release speak only as of the date of this press release. The Company disclaims any obligation to update these statements unless required by law, and the Company cautions you not to rely on them unduly. The Company has based these forward-looking statements on its current expectations and assumptions about future events, which the Company considers reasonable. However, these forward-looking statements are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and beyond the Company’s control. Certain factors, risks and uncertainties discussed under the caption “Risk Factors” and elsewhere in the Company’s most recently filed periodic reports on Form 10-K, Form 10-Q and subsequent filings available on the SEC’s website could cause actual results and performance in the future to differ materially from those set forth in or implied by such forward-looking statements.
Investor Relations Contact
Robyn Tannenbaum
561-510-2293
[email protected]
Media Contact
Doug Allen
Dukas Linden Public Relations
646-722-6530
[email protected]