Real Estate News

Sunrise Realty Trust Commits $40.0 Million in Credit Facility for Luxury Golf Community in Palm Beach County

WEST PALM BEACH, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it has committed $40.0 million of which the Company funded $27.5 million in a credit facility for the development of Panther National (the “Project”), a residential and golf community in Palm Beach Gardens, Florida.

Southern Realty Trust Originates $160.0 Million Senior Credit Facility for Luxury Golf Community in Palm Beach County

WEST PALM BEACH, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”) today announced that it originated and an affiliate of SRT agented a senior credit facility in the aggregate amount of $160.0 million for the development of Panther National (the “Project”), a residential and golf community in Palm Beach Gardens, Florida.

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