Sunrise Realty Trust (SUNS) announced the expansion of its senior secured revolving credit facility to $90M in total commitments. The expansion follows a new $40M commitment from City National Bank of Florida, which joins the facility as Joint Lead Arranger. East West Bank, the Administrative Agent, initially provided a $50M commitment when the facility was established in November 2024. The Credit Facility remains expandable to $200M subject to customary conditions and additional lender participation. Proceeds from the Credit Facility will be used to fund SUNS’ commercial real estate loan pipeline, support existing commitments, and provide general working capital.
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