Solar Senior Capital Ltd. is a business development company specializing in investments in leveraged, middle-market companies in the United States. The fund invests in the form of senior secured loans, including first lien, unitranche, and second lien debt instruments. It does not invest in start-up companies or companies having speculative business plans. The fund prefers debt investments between $5 million and $30 million in companies with EBITDA between $20 million and $60 million.
IPO Year:
Exchange: NASDAQ
Website: solarseniorcap.com
WEST PALM BEACH, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced that it has committed $13.0 million to a $26.0 million subordinate loan for the development of the Excel Miami Apartments ("Excel" or the "Project"), a 24-story multifamily tower located at 1550 NE Miami Place in Miami's Art & Entertainment District. An affiliated entity committed the remaining $13.0 million of the total loan amount. Centennial Bank provided a $68.5 million senior construction loan, with Jay Brito orchestrating the senior loan transaction. The Sponsor is Clearline Real Estate ("Clearline"), a real estate investment and development firm
WEST PALM BEACH, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced the successful closing of a new senior secured revolving credit facility with East West Bank serving as agent and the initial lender (the "Revolving Credit Facility"). The Revolving Credit Facility provides access up to $200 million in borrowing capacity, subject to available borrowing base and additional commitments, with an initial commitment of $50 million. With favorable terms, including an interest rate of SOFR plus 2.75% (subject to a SOFR floor of 2.63% and other conditions), the Revolving Credit Facility offers SUNS flexibility to borrow and re
Third quarter 2024 GAAP net income of $1.7 million or $0.26 per basic weighted average common share and Distributable Earnings(1) of $1.9 million or $0.27 per basic weighted average common share WEST PALM BEACH, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced its results for the quarter ended September 30, 2024. SUNS reported generally accepted accounting principles ("GAAP") net income of $1.7 million or $0.26 per basic weighted average common share and Distributable Earnings of $1.9 million or $0.27 per basic weighted average common share for the third quarter of 2024. "Our strong performance this quarter highli
WEST PALM BEACH, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced that it has committed $30.0 million, of which the Company funded $3.6 million, to a $96.0 million senior loan for the development of the Sixth & Rio condominium project (the "Project") in Fort Lauderdale, Florida. The remaining $66.0 million of the total loan amount was syndicated to two co-lenders, one of whom is an affiliated entity. The Sponsor is OceanLand Investments LLC ("OceanLand"), a Fort Lauderdale-based real estate development firm with extensive experience in luxury waterfront properties. Sixth & Rio is a to-be-constructed 94-unit high-r
WEST PALM BEACH, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced that it plans to report earnings for the quarter ended September 30, 2024 on Thursday, November 7, 2024. SUNS will host a conference call at 10:00 am Eastern Time on Thursday, November 7, 2024, to discuss its quarterly financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor Relations section of SUNS' website at www.sunriserealtytrust.com. To participate via telephone, please register in advance at this link. Upon registration, all telephone participants will receive
WEST PALM BEACH, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today provided a quarterly business update and announced its dividends for the third and fourth quarters of 2024. On July 9, 2024, the Company finalized its spin-off, establishing itself as a pure-play commercial real estate lender focused on the Southern United States. The SUNS portfolio is composed entirely of new vintage assets, with the first loan closed in 2024. This positions the Company uniquely in the public markets, offering a portfolio with no legacy assets and a strategic focus on one of the highest growth areas in the United States. "We are pleas
WEST PALM BEACH, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced that it has committed $40.0 million of which the Company funded $27.5 million in a credit facility for the development of Panther National (the "Project"), a residential and golf community in Palm Beach Gardens, Florida. Two affiliated entities also committed an aggregate of $120.0 million for a total facility amount of $160.0 million. The Project sponsor is Centaur Holdings ("Centaur"), a global investment holding company with a diversified portfolio across various sectors. Faisal Ashraf, Managing Partner of Lotus Capital Partners, arranged and struct
WEST PALM BEACH, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced that it has committed $27.3 million of which the Company funded $25.0 million in a $42.0 million senior loan for the refinancing of the Thompson San Antonio Hotel (the "Project"). An affiliated entity committed the remaining $14.7 million of the total loan amount. The Sponsor is DC Partners, a Houston-based real estate development and investment firm specializing in luxury high-rise residential, mixed-use, and hospitality projects. This marks the second transaction that SUNS has completed with DC Partners. The Thompson San Antonio Hotel, located at 11
WEST PALM BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced that it plans to report earnings for the quarter ended June 30, 2024 on Wednesday, August 14, 2024. SUNS will host a conference call at 10:00 am Eastern Time on Wednesday, August 14, 2024, to discuss its quarterly financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor Relations section of SUNS' website at www.sunriserealtytrust.com. To participate via telephone, please register in advance at this link. Upon registration, all telephone participants will receive a con
NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ:SLRC) ("SLRC") and SLR Senior Investment Corp. (NASDAQ:SUNS) ("SUNS") are pleased to announce that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the "Merger") at their respective special meetings of stockholders held on March 21, 2022. Stockholders voted overwhelmingly in favor of the proposals relating to the Merger, as approximately 95% of voting SUNS stockholders and approximately 98% of voting SLRC stockholders supported the Merger. The transaction is currently expected to close on or about April 1, 2022, subject to the satisfaction of cu
SC 13G - Sunrise Realty Trust, Inc. (0002012706) (Subject)
SC 13G - Sunrise Realty Trust, Inc. (0002012706) (Subject)
SC 13G - Sunrise Realty Trust, Inc. (0002012706) (Subject)
SC 13G/A - SLR Senior Investment Corp. (0001508171) (Subject)
SC 13D/A - SLR Senior Investment Corp. (0001508171) (Subject)
SC 13G - SLR Senior Investment Corp. (0001508171) (Subject)
Oppenheimer resumed coverage of SLR Senior Investment with a rating of Outperform and set a new price target of $16.00
LADENBURG THALM/SH SH resumed coverage of Solar Senior Capital with a rating of Neutral
LADENBURG THALM/SH SH downgraded Solar Senior Capital from Buy to Neutral
Oppenheimer resumed coverage of Solar Senior Capital with a rating of Buy and set a new price target of $16.00
Maxim Group resumed coverage of Solar Senior Capital with a rating of Buy and set a new price target of $19.00
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
4 - Sunrise Realty Trust, Inc. (0002012706) (Issuer)
8-K - Sunrise Realty Trust, Inc. (0002012706) (Filer)
10-Q - Sunrise Realty Trust, Inc. (0002012706) (Filer)
8-K - Sunrise Realty Trust, Inc. (0002012706) (Filer)
8-K - Sunrise Realty Trust, Inc. (0002012706) (Filer)
10-Q - Sunrise Realty Trust, Inc. (0002012706) (Filer)
S-8 - Sunrise Realty Trust, Inc. (0002012706) (Filer)
8-K - Sunrise Realty Trust, Inc. (0002012706) (Filer)
8-K - Sunrise Realty Trust, Inc. (0002012706) (Filer)
8-K - Sunrise Realty Trust, Inc. (0002012706) (Filer)
SEC STAFF ACTION - Sunrise Realty Trust, Inc. (0002012706) (Filer)
Third quarter 2024 GAAP net income of $1.7 million or $0.26 per basic weighted average common share and Distributable Earnings(1) of $1.9 million or $0.27 per basic weighted average common share WEST PALM BEACH, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced its results for the quarter ended September 30, 2024. SUNS reported generally accepted accounting principles ("GAAP") net income of $1.7 million or $0.26 per basic weighted average common share and Distributable Earnings of $1.9 million or $0.27 per basic weighted average common share for the third quarter of 2024. "Our strong performance this quarter highli
WEST PALM BEACH, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced that it plans to report earnings for the quarter ended September 30, 2024 on Thursday, November 7, 2024. SUNS will host a conference call at 10:00 am Eastern Time on Thursday, November 7, 2024, to discuss its quarterly financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor Relations section of SUNS' website at www.sunriserealtytrust.com. To participate via telephone, please register in advance at this link. Upon registration, all telephone participants will receive
WEST PALM BEACH, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today provided a quarterly business update and announced its dividends for the third and fourth quarters of 2024. On July 9, 2024, the Company finalized its spin-off, establishing itself as a pure-play commercial real estate lender focused on the Southern United States. The SUNS portfolio is composed entirely of new vintage assets, with the first loan closed in 2024. This positions the Company uniquely in the public markets, offering a portfolio with no legacy assets and a strategic focus on one of the highest growth areas in the United States. "We are pleas
WEST PALM BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company") today announced that it plans to report earnings for the quarter ended June 30, 2024 on Wednesday, August 14, 2024. SUNS will host a conference call at 10:00 am Eastern Time on Wednesday, August 14, 2024, to discuss its quarterly financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor Relations section of SUNS' website at www.sunriserealtytrust.com. To participate via telephone, please register in advance at this link. Upon registration, all telephone participants will receive a con
Record Originations Volume Drove a 36% Year-Over-Year Increase in Comprehensive Portfolio NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (NASDAQ:SUNS) (the "Company" or "SUNS") today reported net investment income of $3.5 million, or $0.22 per average share, for the quarter ended December 31, 2021. For fiscal year 2021, net investment income was $14.3 million, or $0.89 per average share. Excluding one-time expenses related to the proposed merger with SLR Investment Corp., net investment income per average share would have been $0.27 for the quarter ended December 31, 2021, and $0.94 for the year ended December 31, 2021. Please see reconciliation table in the disc
NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the "Company") (NASDAQ:SUNS) today announced that it will release its financial results for the quarter and fiscal year ended December 31, 2021 on Tuesday, March 1, 2022 after the close of the financial markets. The Company will host an earnings conference call and audio webcast at 11:00 a.m. (Eastern Time) on Wednesday, March 2, 2022. All interested parties may participate in the conference call by dialing (844) 889-7785 approximately 5-10 minutes prior to the call, international callers should dial (661) 378-9929. Participants should reference SLR Senior Investment Corp. and the participant passcode of 3158855 whe
NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ:SLRC) ("SLRC") and SLR Senior Investment Corp. (NASDAQ:SUNS) ("SUNS") today announced that they have entered into an agreement to merge together, with SLRC as the surviving company, subject to stockholder approval and customary closing conditions. The Boards of Directors of both SLRC and SUNS, on the recommendation of their special committees consisting only of the independent directors, have unanimously approved the transaction. Under the terms of the proposed merger, SUNS shareholders will receive an amount of SLRC shares with a net asset value ("NAV") equal to the NAV of SUNS shares that they hold at the time of c
NEW YORK, Nov. 03, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (NASDAQ:SUNS) (the "Company" "SLR Senior" or "SUNS") today reported net investment income of $3.7 million, or $0.23 per average share, for the quarter ended September 30, 2021. At September 30, 2021, net asset value (NAV) was $15.73 per share. The Company's Board of Directors declared a monthly distribution for November 2021 of $0.10 per share payable on December 2, 2021 to stockholders of record on November 18, 2021. Tax characteristics of all distributions will be reported to shareholders on Form 1099 after the end of the calendar year. HIGHLIGHTS: At September 30, 2021: Comprehensive Investm
NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the "Company") (NASDAQ:SUNS) today announced that it will release its financial results for the quarter ended September 30, 2021 on Wednesday, November 3, 2021 after the close of the financial markets. The Company will host an earnings conference call and audio webcast at 11:00 a.m. (Eastern Time) on Thursday, November 4, 2021. All interested parties may participate in the conference call by dialing (844) 889-7785 approximately 5-10 minutes prior to the call, international callers should dial (661) 378-9929. Participants should reference SLR Senior Investment Corp. and the participant passcode of 3667156 when prompt
Comprehensive Portfolio Grows 15% Net Investment Income Increases 25% NEW YORK, Aug. 03, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (NASDAQ:SUNS) (the "Company" "SLR Senior" or "SUNS") today reported net investment income of $4.0 million, or $0.25 per average share, for the quarter ended June 30, 2021. At June 30, 2021, net asset value (NAV) was $15.87 per share. As of June 30, 2021, 100% of SLR Senior's portfolio was performing. The Company's Board of Directors declared a monthly distribution for August 2021 of $0.10 per share payable on September 3, 2021 to stockholders of record on August 19, 2021. Tax characteristics of all distributions will be reported to shareholders o
SLR Investment Corp. (NASDAQ:SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ:SUNS) (“SUNS”) are pleased to announce that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the “Merger”) at their respective special meetings of stockholders held on March 21, 2022. Stockholders voted overwhelmingly in favor of the proposals relating to the Merger, as approximately 95% of voting SUNS stockholders and approximately 98% of voting SLRC stockholders supported the Merger. The transaction is currently expected to close on or about April 1, 2022, subject to the satisfaction of customary closing conditions. “We would like to
SLR Senior Investment (NASDAQ:SUNS) reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings SLR Senior Investment missed estimated earnings by 6.9%, reporting an EPS of $0.27 versus an estimate of $0.29. Revenue was up $480.00 thousand from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.02 which was followed by a 0.77% increase in the share price the next day. Here's a look at SLR Senior Investment's past performance: Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020 EPS Estimate 0.25 0.24 0.3 EPS Actu
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SLR Investment Corp. (NASDAQ:SLRC) ("SLRC") and SLR Senior Investment Corp. (NASDAQ:SUNS) ("SUNS") today announced that they have entered into an agreement to merge together, with SLRC as the surviving company, subject to stockholder approval and customary closing conditions. The Boards of Directors of both SLRC and SUNS, on the recommendation of their special committees consisting only of the independent directors, have unanimously approved the transaction. Under the terms of the proposed merger, SUNS shareholders will receive an amount of SLRC shares with a net asset value ("NAV") equal to the NAV of SUNS shares that they hold at the time of closing. The exchange ratio will be determine