Alliance Global Partners analyst Gaurav Mehta reiterates a Buy rating and $14 price target on shares on Sunrise Realty Trust (SUNS) after the company announced a $46.5M senior loan commitment associated with a refinancing of a multifamily asset in Dallas, Texas. The loan commitments reflect a strong loan pipeline and Sunrise’s ability to continue to originate and fund new loans, the analyst tells investors in a research note.
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