Sunrise Realty Trust to Acquire Southern Realty Trust in Definitive Merger

August 19, 2026

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.

Buyers
Sunrise Realty Trust, Inc.
Targets
Southern Realty Trust Inc.
Location
Florida, United States
Transaction Type
Buyout

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