SI

SLR Senior Investment

SUNS
NASDAQFinancials
$7.50
USD
+0.08(+1.08%)
At close: Apr 30, 19:49 UTC
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Open

$7.52

Prev. Close

$7.52

High

$7.52

Low

$7.50

Market Snapshot

Market Cap

$99.58M

P/E Ratio

8.2

EPS

1.01

Revenue

$10.63M

Why SUNS moved

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About

Sunrise Realty Trust, Inc. engages in providing capital solutions to commercial real estate markets. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2024-07-09. The company focuses on transitional commercial real estate business plans with opportunities for near-term value creation, collateralized by top-tier assets in established Southern cities or ones presenting strong growth fundamentals. The company intends to create a diversified investment portfolio, targeting investments in senior mortgage loans, mezzanine loans, whole loans, B-notes, commercial mortgage-backed securities (CMBS) and debt-like preferred equity securities across commercial real estate (CRE) asset classes. The company seeks to invest in transitional CRE assets located in the Southern United States, including ground-up development and recapitalization transactions, with an emphasis on direct origination of loans with borrowers. The company intends for its investment mix to include multifamily, retail, office, and more.

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