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.
- Industry
- Financial Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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