Sunrise Realty Trust Boosts Credit Facility to $165M with Customers Bank
Sunrise Realty Trust expanded its revolving credit facility by $25 million with Customers Bank, increasing total commitments to $165 million and maintaining expansion capacity at $200 million. The financing boosts the REIT’s liquidity for originations, draws and funding of portfolio growth across its Southern U.S. commercial real estate platform.
1. Facility Expansion
Sunrise Realty Trust secured a $25 million commitment from Customers Bank, raising its senior secured revolving credit facility to $165 million. The facility, originally established with East West Bancorp in November 2024, remains expandable to $200 million subject to additional lender participation.
2. Funding and Liquidity Impact
The enlarged credit line will fund ongoing commercial real estate originations, cover future loan draws and unfunded commitments, and reinforce liquidity for new investment opportunities. This diversification of banking partners is intended to enhance funding flexibility and support disciplined portfolio growth across Southern U.S. markets.