Sunrise Realty Trust, Inc. announced on March 18, 2025, that it closed on a $46.5 million commitment to a $62.0 million senior loan. This financing is for the refinancing of The Bohéme, a Class-A Multifamily asset located in the Bishops Arts District of Dallas, Texas.
At the closing, $44.3 million of SUNS's commitment was funded. The loan was originated by the TCG Real Estate platform, with the remaining $15.5 million of the total loan held by an affiliate on the same platform.
The Bohéme project is sponsored by Kairoi Residential, a vertically integrated investment, development, and property management company. This investment enhances SUNS's portfolio with a high-quality multifamily asset in a growing Southern U.S. market.
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