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Oct 27, 2025 8:01 PM

Sunrise Realty Trust Commits $30.0 Million to a $45.0 Million Senior Bridge Loan to Refinance a Premier Retail Property in Houston, TX

WEST PALM BEACH, Fla., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. ("SUNS" or the "Company") (NASDAQ:SUNS), a lender on the Tannenbaum Capital Group ("TCG") Real Estate platform, today announced that it has committed $30.0 million to a $45.0 million senior bridge loan originated by TCG Real Estate for the refinancing of a 7-story Class-A retail property in the Galleria sector of Houston, Texas (the "Project"). Affiliated lenders on the TCG Real Estate platform committed the remaining $15.0 million. The Project is a joint venture between John M. Scott III, an experienced leader and industry veteran in hospitality and leisure real estate, and WoodHouse, a luxury hospitality developer founded by Brady Wood.

Located at the intersection of two of Houston's most desirable areas, Galleria and River Oaks, the Project is 100% fully-leased to an impressive mix of complementary, high-end lifestyle establishments: Park House Houston, a private social club offering extensive cultural programming, dining, socializing and working spaces; Ciel Restaurant, an upscale restaurant and lounge serving Japanese-French cuisine with live music and entertainment; and Fountain Life Longevity Center, a leading-edge healthcare facility co-founded by Tony Robbins that provides advanced AI diagnostics, regenerative medicine and restorative therapeutics.

"Our investment in this project reflects deep conviction in both ...

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