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GlobeNewsWire
26 days ago
Sunrise Realty Trust Commits to a $21.6 Million Senior Bridge Loan for the Acquisition of a Premier Ranch Property in Southern Colorado
WEST PALM BEACH, Fla., Feb. 04, 2026 (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 originated, closed, and exited a $14.0 million commitment to a $21.6 million senior bridge loan to finance the acquisition of the western portion (11,000 acres) of Silver Mountain Ranch, a landmark property located in Huerfano County, Colorado (the “Property”). The borrower, JW Cattle Ranch LLC, is a specialized land investor and operator with extensive experience in the region. The loan facilitated the borrower's acquisition of the Property from The Nature Conservancy, a global environmental non-profit organization. The Property is protected by a conservation easement, ensuring the preservation of its natural habitat while allowing for private ownership.