Gaurav Mehta

Stephen Laws

Tyler Batory

Christopher Muller

Jade Rahmani

Jason Sabshon

Jay Ramani

Randolph Binner

Randy Binner

- **Sunrise Realty Trust (SUNS)** committed **$35.0 million** to a **$370.0 million first mortgage loan** for the **Lofty & Standard**, a two-tower condominium development in the **Brickell neighborhood of Miami, Florida**.  **[2012706_b161d9a121754b09a351d89850939114_0]** 
- The **Lofty & Standard** project will include a 43-story north tower with **362 luxury units** and a 45-story south tower with **422 luxury units**.  **[2012706_b161d9a121754b09a351d89850939114_0]** 
- Affiliated lenders on the **Tannenbaum Capital Group (TCG) Real Estate platform** committed an additional **$25.0 million** to the first mortgage loan.  **[2012706_b161d9a121754b09a351d89850939114_0]** 
- **Brian Sedrish, CEO of SUNS**, noted that the project fills a growing void in the Miami market for luxury products in a vibrant area, enhancing SUNS's portfolio of high-quality loans to commercial real estate projects in the Southern U.S..  **[2012706_b161d9a121754b09a351d89850939114_0]**

Sunrise Realty Trust Commits to Miami Condominium Development Loan