Sunrise Manager LLC provides investment management services to Sunrise Realty Trust (SUNS), a publicly-traded real estate investment trust. Sunrise specializes in providing capital solutions to commercial real estate markets in the Southern U.S. SUNS' investment objective is to seek attractive, risk-adjusted returns by providing debt capital to commercial real estate owners, operators, developers and related companies in the Southern U.S. Sunrise operates as part of the TCG platform, providing access to investment opportunities through a network of relationships with commercial real estate owners, operators and related businesses.
Fee Structure
Sunrise Manager LLC manages investments for Sunrise Realty Trust (SUNS). SUNS pays Sunrise a base management fee equal to 0.375% of SUNS' equity, determined quarterly. The base management fees are reduced by the Base Management Fee Rebate. Sunrise also receives incentive compensation based on SUNS' earnings, subject to certain hurdles and clawback provisions.