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unrise Realty Trust (NASDAQ: SUNS) announced on Oct. 20, 2025 that it has committed $25.6 million of a $36.6 million senior loan for the CollectionSuites project, a luxury industrial development by Tannenbaum Capital Group (TCG) in Florida. Affiliated lenders on the TCG platform will provide the remaining $11 million. The CollectionSuites consists of two sites—Doral and Palm Springs—designed for collectors of cars, art and wine. Each suite features 21‑foot ceilings, showroom‑style layouts, mezzanine lounges, and premium finishes. Both locations include a private clubhouse with curated amenities, creating an exclusive environment for owners to display and preserve their prized possessions.
The project is sponsored by JMF Consulting, a Doral‑based firm with expertise in high‑end, secure real‑estate development. Sunrise’s financing aligns with its strategy of backing transitional commercial‑real‑estate ventures in the Southern United States, aiming for near‑term value creation. By introducing a new standard for luxury industrial spaces, CollectionSuites seeks to attract high‑net‑worth clients, enhance SUNS’s portfolio and revenue potential, and strengthen the company’s reputation and market positioning.
Potential positives highlighted in the release include the project’s ability to set a new luxury benchmark in the industrial sector, potentially drawing high‑value clients and increasing demand for SUNS’s financial services. The collaboration with TCG and JMF is expected to reinforce SUNS’s strategic partnerships and market credibility.
Potential negatives noted are the company’s reliance on external debt for growth, which may raise concerns about financial stability. The release also contains forward‑looking statements that carry uncertainties about future performance, and references to risk factors that could materially affect actual results.
Key facts:
- **Project**: CollectionSuites, luxury industrial development in Doral and Palm Springs, Florida.
- **Funding**: $25.6 million committed by Sunrise, part of a $36.6 million senior loan.
- **Features**: 21‑foot ceilings, showroom layouts, mezzanine lounges, premium finishes, private clubhouses.
- **Sponsor**: JMF Consulting, Doral‑based high‑end real‑estate developer.
- **Sunrise focus**: Transitional commercial‑real‑estate projects in the Southern U.S. with near‑term value creation.
Insider activity: Executive Chairman Leonard M. Tannenbaum has made 16 purchases of SUNS shares, totaling 225,663 shares valued at approximately $2.38 million, with no sales recorded in the past six months.
Sunrise Realty Trust is an institutional commercial‑real‑estate lender that provides flexible financing solutions to sponsors of projects primarily in the Southern United States. The company focuses on transitional CRE business plans with the potential for near‑term value creation, collateralized by top‑tier assets in established and rapidly expanding Southern markets.
TCG Real Estate is a group of affiliated CRE‑focused debt funds, including the Nasdaq‑listed mortgage REIT Sunrise Realty Trust and the private mortgage REIT Southern Realty Trust. These funds offer flexible financing on transitional CRE properties that present opportunities for near‑term value creation, with a focus on top‑tier assets in Southern U.S. markets benefiting from economic tailwinds.
Forward‑looking statements in this release are accompanied by words such as “intend,” “will,” “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” and “plan.” These statements are based on current expectations and assumptions but are subject to significant business, economic, competitive, regulatory, and other risks that could cause actual results to differ materially from those projected.
Investor relations contact: Robyn Tannenbaum, 561‑510‑2293, [email protected]
Media contact: Doug Allen, Dukas Linden Public Relations, 646‑722‑6530, [email protected]
