From GlobeNewswire: 2025-04-22 08:00:00

Sunrise Realty Trust, Inc. (SUNS) provided a preliminary estimate of distributable earnings for Q1 2025, ranging from $0.30 to $0.32 per basic weighted average common share. The company also expects its book value per share to be between $13.60 and $13.90. Additionally, the TCG Real Estate platform originated $212.5 million in loans during the quarter, with SUNS committing $147.5 million and funding $109.8 million.

As of March 31, 2025, the SUNS portfolio had $352.1 million in commitments, with $233.4 million funded. By April 18, 2025, the funded amount increased to $235.4 million. The TCG Real Estate Platform has two signed, non-binding term sheets totaling $100 million, with SUNS expected to be allocated a portion. The financial information provided is preliminary and subject to completion.

Sunrise Realty Trust, Inc. is an institutional commercial real estate lender focused on providing flexible financing solutions to CRE projects in the Southern U.S. TCG Real Estate includes affiliated CRE-focused debt funds, such as Sunrise Realty Trust, Inc. (NASDAQ: SUNS), and Southern Realty Trust, Inc. Distributable Earnings, a non-GAAP metric, is used by the company to evaluate performance and provide information to shareholders and the investment community.



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