Franklin BSP Realty Trust Acquires Capstead Mortgage Corporation in Merger

Sunrise Realty Trust to Acquire Southern Realty Trust in Definitive Merger

August 19, 2026

Financial Services

Sunrise Realty Trust, Inc. (SUNS) announced a definitive agreement to acquire Southern Realty Trust Inc. (SRT) via a merger in which SRT will merge into a wholly owned subsidiary of SUNS. The transaction consolidates the two firms’ transitional commercial real estate lending portfolios managed under the Tannenbaum Capital Group (TCG) Real Estate platform and is expected to improve margin, liquidity, and access to more efficient leverage.

Community National Bank & Trust of Texas Acquires CapTex Bank

July 6, 2025

Financial Services

Community National Bank & Trust of Texas (CNB&T) completed the acquisition of CapTex Bank, adding five branches in Fort Worth, Bonham, Leonard, Melissa and Trenton and expanding CNB&T's Texas footprint to 18 branches. The deal increases CNB&T's assets to approximately $1.7 billion, broadens its retail and commercial banking capabilities (including wealth management and mortgage origination), and was supported by SRM Corp as strategic advisor.

Franklin BSP Realty Trust Acquires NewPoint Holdings JV L.L.C.

July 1, 2025

Financial Services

Franklin BSP Realty Trust, Inc. (FBRT) has closed its acquisition of NewPoint Holdings JV L.L.C. (NewPoint) for $425 million. The deal expands FBRT's multifamily and agency lending capabilities, adding NewPoint's commercial real estate lending platform to FBRT's debt origination and servicing business.

CAPTRUST Acquires $5 Billion Boston Financial Management

November 29, 2024

Wealth Management

CAPTRUST Financial Advisors has acquired Boston Financial Management, adding nearly $5 billion of client assets and 45 colleagues across Boston, Cape Cod (Massachusetts) and Portland (Maine). As part of the transaction BFM founder Richard H. Morse will retire; Berkshire Global Advisors served as BFM's financial advisor.

Ready Capital Corporation to Merge with Broadmark Realty Capital

February 27, 2023

Financial Services

Ready Capital Corporation and Broadmark Realty Capital have entered into a definitive merger agreement under which Broadmark will merge with Ready Capital. Following the merger, Ready Capital is expected to operate as the combined company under the name “Ready Capital Corporation,” with Broadmark stockholders receiving Ready Capital shares and expected to own about 36% of the combined company.

Bridge Investment Group Acquires 60% of Gorelick Brothers Capital and Recapitalizes SFR Portfolio

January 31, 2022

Real Estate

Bridge Investment Group Holdings Inc. acquired a 60% stake in Charlotte-based Gorelick Brothers Capital, LLC and its asset & property management business for $50 million, funded with approximately 50% cash and 50% units. Concurrently, Bridge-sponsored fund vehicles completed a $660 million recapitalization of the single-family rental (SFR) portfolio of more than 2,700 homes across 14 U.S. markets; the GBC team has joined Bridge to launch an SFR strategy on Bridge's platform.