{ "markdown": "NASDAQ:SUNS | INVESTOR PRESENTATION\n\n\nCOMPANY OVERVIEW\n\n\nAn Institutional Lender to CRE in the Southern U.S.\n\n\n# Company Overview\n\n- Sunrise Realty Trust (Nasdaq: SUNS) is an\ninstitutional lender that originates and funds loans\nto sponsors of commercial real estate projects\nprimarily in the Southern United States\n- SUNS seeks to target a portfolio net internal rate of\nreturn (\u201cIRR\u201d) in the low-teens\n- Robust investment process with high-quality\noriginations, methodical due diligence, specialized\nstructuring and ongoing monitoring, emphasizing\ncredit discipline throughout the cycle from sourcing\nto portfolio management\n- Founded by veteran credit investors Brian Sedrish\nand Leonard Tannenbaum with investments\nbeginning in 2024\n- Collectively, the management team has structured\nover $21 billion in CRE and credit transactions\n\n\n
\n\nThe figure is a data dashboard titled 'By the Numbers' organized into four horizontal sections, each containing three columns of financial metrics. The background is a dark blue abstract geometric pattern. The text is white and clean, presented in a grid-like layout.
CategoryMetric 1Metric 2Metric 3
SUNS KEY METRICS$380mm Current Commitments~16% Dividend Yield1$13.50 Book Value per Share2
TCG REAL ESTATE ORIGINATIONS3$707mm in Active Pipeline4~1.4% Deal Selectivity Since Inception512.4% Yield to Maturity6
SUNS PORTFOLIO COMPOSITION714 Portfolio Investments74% Senior Loans53% Residential Assets
CAPITAL FORMATIONUp to $200mm East West Bank (\u201cEWB\u201d) Led Credit Line8$165mm Commitments to EWB Line (from $140mm in Q3 \u201825)4 Research Analysts Covering SUNS9
\n\nNote: Company data based on past SEC filings and current financial information. Financial and market data as of 5/8/2026 unless otherwise noted. Aggregate portfolio data shown as of 5/8/2026 excludes the owned asset in San Antonio, Texas.\n 1. Q1 2026 dividend declared of $0.30 per share annualized and divided by the closing stock price of $7.63 as of 5/8/2026.\n 2. SUNS book value per share as of 3/31/2026.\n 3. Represents projects for which SUNS and its affiliates are in varying negotiation stages and for which due diligence has not been completed. As such, there can be no assurance that we will proceed with any of\nthese potential investments. A component of these loans may be held through co-investment vehicles managed by a manager affiliated with SUNS Manager.\n 4. TCG refers to Tannenbaum Capital Group and its affiliates. TCG RE refers to Tannenbaum Capital Group's real estate platform.\n 5. Deal selectivity represents the total number of closed loans since inception divided by the aggregate count of all deals sourced since 10/1/2023 by members of SUNS investment team on behalf of SUNS or on\nbehalf of an entity managed by a manager affiliated with SUNS sponsor.\n 6. Rate calculations utilize Chatham Financial forward SOFR projections (as of 5/8/2026), are compounded monthly, may include back leverage, and excludes loans on non-accrual as of the date of calculation.\n 7. Target performance is not a guarantee or prediction and is not necessarily indicative of future results. Potential investors should not rely on such target performance information in making an investment decision.\nSee pages 12-13 for detailed portfolio composition metrics and calculation assumptions.\n 8. The credit facility provides up to $200 million in borrowing capacity, subject to available borrowing base and additional lender participation, with current total commitments of $165 million.\n 9. Firms covering SUNS by date of initiating coverage report: Alliance Global Partners; KBW; B. Riley Securities; Oppenheimer & Co.\n\n\n\nSUNRISE [SUN_ICON]\nREALTY TRUST\n\n\n4\n\n", "structure": { "type": "document", "markdown": null, "children": [ { "type": "page", "page": null, "span": null, "width": null, "height": null, "dpi": null, "grounding": { "page": 1, "range": { "start": 0, "end": 3984 }, "box": { "xmin": 0.0, "ymin": 0.0, "xmax": 1.0, "ymax": 1.0 } }, "markdown": null, "status": "ok", "reason": null, "children": [ { "type": "text", "id": "text-0", "span": null, "grounding": { "page": 1, "range": { "start": 0, "end": 36 }, "box": { "xmin": 0.02914843, "ymin": 0.03251288, "xmax": 0.3469823, "ymax": 0.06026422 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 0, "end": 36 }, "box": { "xmin": 0.03310225, "ymin": 0.03867911, "xmax": 0.3439818, "ymax": 0.05567849 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "text", "id": "text-1", "span": null, "grounding": { "page": 1, "range": { "start": 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