Sunrise Realty Trust enters $75M related-party revolving credit facility at 8% interest, maturing 2028

Sunrise Realty Trust, Inc.

Unsecured revolving credit facility of $75M from SRT Finance LLC, indirectly owned by Executive Chairman Leonard Tannenbaum and President Robyn Tannenbaum.
Interest rate 8.00% per annum; maturity earlier of May 31, 2028 or closing of $75M+ refinancing.
Annual commitment fee of 1.00% of aggregate commitments from Jan 1, 2026, prorated in 2028.
Prior $50M facility terminated Nov 6, 2024; new facility is a related-party transaction.

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