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Sunrise Realty Trust To Acquire Southern Realty Trust For 1.45 SUNS Shares Per SRT Share And $0.05 Per Share In Cash; Sees Combined Pro Forma Assets Of ~$534M

Aug 6, 2026, 10:38 AMBenzinga Newsdesk

On a pro forma basis as of June 30, 2026, the combined company would have approximately $289 million of book value, approximately $534 million of total assets, and approximately $604 million of total loan commitments

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Aug 6, 2026, 10:38 AM
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Aug 6, 2026, 10:38 AM
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  1. Aug 6, 2026, 11:33 AMNa

    Sunrise Realty Trust, Inc. Announces Financial Results for the Second Quarter 2026

    Sunrise Realty Trust (SUNS) reported Q2 2026 GAAP net income of $3.1 million ($0.23 per share) and Distributable Earnings of $3.9 million ($0.29 per share). The company maintained a resilient portfolio with all loans current and exceeded dividends through the first six months of 2026. CEO Brian Sedrish highlighted the full repayment of the Panther National investment and positioned the company to capitalize on strong demand for flexible capital in commercial real estate amid elevated interest rates.

    Read original at globenewswire-inc
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