Friday, January 31, 2025
spot_img

Tannenbaum Capital Group Bolsters SUNS InvestmentĀ Team with Appointment of Alfred Trivilino

WEST PALM BEACH, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) — Sunrise Realty Trust, Inc. (ā€œSUNSā€ or the ā€œCompanyā€) (Nasdaq: SUNS) today announced the appointment of Alfred Trivilino as Managing Director on the Tannenbaum Capital Group | Real Estate platform. In his new role, Mr. Trivilino will play a key role in sourcing, underwriting and structuring deals with attractive risk adjusted returns for the SUNS portfolio, enabling the Company to remain at the forefront of innovation and excellence in commercial real estate credit.

With over three decades of experience in real estate credit and private equity, Mr. Trivilino brings a proven track record of success in executing complex transactions and developing scalable investment strategies. Most recently, he served as Managing Director and Head of U.S. Real Estate Finance at Caisse de dƩpƓt et placement du QuƩbec (CDPQ), where he was responsible for overseeing the implementation and expansion of the U.S. commercial real estate financing strategy. Prior to that, he held senior positions at Related Fund Management, Gramercy Capital, BayNorth Capital, and Apollo Real Estate Advisors.

ā€œAlfredā€™s appointment reflects our continued commitment to building a world-class investment team,ā€ said Brian Sedrish, CEO at SUNS, adding, ā€œHis wealth of experience and deep industry knowledge will be instrumental as we continue to expand our platform and invest in deals to generate strong outcomes for our clients and stakeholders. Having worked with Alfred in the past, I am delighted to welcome him to the team and know he will be a great addition.ā€

About Sunrise Realty Trust, Inc.
Sunrise Realty Trust, Inc. (Nasdaq: SUNS) is an institutional commercial real estate (ā€œCREā€) lender providing flexible financing solutions to sponsors of CRE projects in the Southern United States. We focus 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. For additional information regarding the Company, please visit www.sunriserealtytrust.com.

About Tannenbaum Capital Group | Real Estate
TCG Real Estate refers to a group of affiliated CRE-focused debt funds, including a Nasdaq-listed mortgage REIT, Sunrise Realty Trust, Inc. (NASDAQ: SUNS), and a private mortgage REIT, Southern Realty Trust, Inc. The funds provide flexible financing on transitional CRE properties that present opportunities for near-term value creation, with a focus on top-tier CRE assets in primary and secondary metropolitan areas of the Southern U.S.

Forward-Looking and Cautionary Statements

Some of the statements contained in this press release constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and the Company intends such statements to be covered by the safe harbor provisions contained therein. Such forward-looking statements are based on the current intent, belief, expectations and views of future events of the Company. The forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results or performance, and may contain the words ā€œbelieve,ā€ ā€œanticipate,ā€ ā€œexpect,ā€ ā€œestimate,ā€ ā€œintends,ā€ ā€œproject,ā€ ā€œcould,ā€ ā€œwould,ā€ ā€œwill,ā€ or words or phrases of similar meaning. Specifically, this press release includes forward-looking statements regarding the Companyā€™s originations and portfolio returns. The information and statements contained herein are subject to risks, uncertainties, assumptions and other important factors related to market conditions, many of which are outside the Companyā€™s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, you are cautioned to review the information described under the ā€œRisk Factorsā€ described in the Companyā€™s filings with the SEC and not to place undue reliance on such forward-looking statements. The Company has based the forward-looking statements included in this press release on information available to it on the date of this presentation, and the Company assumes no obligation to update any such forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact

Robyn Tannenbaum
561-510-2293
[email protected]

Media Contact

Profile Advisors
Rich Myers & Rachel Goun
347-774-1125
[email protected]Ā  Ā  Ā  Ā 

Powered by SlickText.com

Hot this week

Mount Logan Capital Inc.Ā Completes Strategic Minority Investment in Runway Growth Capital LLC

All amounts are stated in United States dollars, unless...

Viper Energy Announces Pricing of Upsized Class A Common Stock Offering

MIDLAND, Texas, Jan. 30, 2025 (GLOBE NEWSWIRE)...

New York Mortgage Trust Announces Tax Treatment of 2024 Dividend Distributions

NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE)...

Portage Biotech Announces Completion of $2.15 Million Private Financing

DOVER, Del., Jan. 30, 2025 (GLOBE NEWSWIRE)...

Viper Energy Launches Offering of Class A Common Stock

MIDLAND, Texas, Jan. 30, 2025 (GLOBE NEWSWIRE)...

Topics

spot_img

Related Articles

Popular Categories

spot_img