Sunrise Realty Trust Inc. has announced the expansion of its senior secured revolving credit facility to $140 million with the addition of EverBank as a joint lead arranger. EverBank has committed $50 million to the facility, initially established with East West Bancorp, Inc. in November 2024. The credit facility is expandable to $200 million, contingent upon certain conditions and additional lender participation. The proceeds will support unfunded commitments under existing loans, fund Sunrise Realty Trust's commercial real estate loan pipeline, and provide general working capital. This expansion underscores the strength of Sunrise Realty's lending platform and the trust it has built with financing partners.
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