AcquisitionAug 6, 2026Pending
🇺🇸 United States
SRSouthern Realty Trust Inc.SRSunrise Realty Trust, Inc.
Financial Institutions › Specialty Finance & Fintech
Deal valueUndisclosed
AnnouncedAug 6, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Sunrise Realty Trust, Inc. agreed to acquire Southern Realty Trust Inc. in a merger in which SRT stockholders would receive 1.45 shares of SUNS common stock and $0.05 in cash per share.
Deal rationale
The transaction is intended to combine two complementary commercial real estate lending portfolios managed under a common investment philosophy and team and create a larger, more efficient publicly traded commercial mortgage REIT with enhanced earnings potential and a stronger competitive position.
AI-generated from the SEC filingPendingFinancial Institutions › Specialty Finance & FintechUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
OOppenheimer & Co.
Sell-side
SStifel
Parties
Target
SRSouthern Realty Trust Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
SRSunrise Realty Trust, Inc.
- Headquarters
- United States
- Ticker
- —