Real Estate News

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”).

Carlyle Credit Income Fund Prices Offering of Preferred Shares

NEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (the “Fund”) (NYSE: CCIF) today announced that it has priced an underwritten public offering of 1.2 million shares of its 7.375% Series D Preferred Shares due 2028 (the “Preferred Shares”) at a public offering price of $25 per share, which will result in net proceeds to the Fund of approximately $29.4 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Fund.

Elme Communities Announces Third Quarter 2025 Results

BETHESDA, Md., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended September 30, 2025:

Financial Results Three months ended September 30,20252024Net loss per diluted share$ (1.40)$ (0.03)Core FFO per diluted share 0.22 0.23

Operational Highlights

Same-store multifamily NOI decreased by 1.8% compared to the prior year quarterSame-store Average Effective Monthly Rent Per Home increased 1.1% compared to the prior year quarterEffective blended Lease Rate Growth was 0.7% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (4.7)% and effective renewal Lease Rate Growth of 4.3%Retention was 65% during the quarter, in line with expectationsSame-store multifamily Average Occupancy was 94.4% during the quarter, down 0.8% compared to the prior year quarter

Balance Sheet

Available liquidity was $321 million as of September 30, 2025, consisting of availability under the Company's revolving credit facility and cash on handYear-to-date Net Debt to Adjusted EBITDA ratio was 5.7xThe Company has only $125 million of debt maturing before 2028 and no secured debt

“Our third-quarter operational performance aligned with our expectations and was consistent with typical seasonal patterns across our portfolio,” said Paul T.

This 47-Acre Private Retreat in North Carolina Has a Pool Pavilion, Grand Social Barn and Spring-fed Ponds

The Monroe, N.C. Estate is Listed for $4.2 Million

LISTING LINK: https://www.premiersothebysrealty.com/single-family/clm/car4299697/1619-ellis-belk-road-monroe-nc-28112

DROPBOX: https://www.dropbox.com/scl/fo/jgnizr15r6chq269uird6/AHZVDHo2djXI4zxLoF2WXXs?rlkey=7wikfecb8y6ua8vn0sdhtwk5o&st=rd6cg5kg&dl=0PHOTO CREDIT: William Mauney Photography

CHARLOTTE, N.C.

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