Sunrise Realty Trust, Inc. and Southern Realty Trust Inc. Announce Definitive Merger Agreement
Sunrise Realty Trust, Inc. (NASDAQ: SUNS) and Southern Realty Trust Inc. (SRT) have entered into a definitive merger agreement whereby SUNS will acquire SRT. The merger consolidates two complementary transitional commercial real estate (CRE) lenders primarily focused on the Southern U.S. markets, creating a stronger public company with enhanced ear…