Sunrise Realty Trust reports Q3 2024 net income of $1.7M; closes $87.4M in deals, secures $50M credit facility

Sunrise Realty Trust, Inc.

2024-Q3 EPS reported $0.73 revenue$7,183,615

GAAP net income $1.7M ($0.26/share); Distributable Earnings $1.9M ($0.27/share) for Q3 2024.
Closed $87.4M in deals during Q3; $1.2B pipeline in Southern U.S. states.
New $50M revolving credit facility (expandable to $200M) with East West Bank at SOFR+2.75%, matures Nov 2027.
Paid Q3 dividend of $0.21/share; declared Q4 dividend of $0.42/share payable Jan 15, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.