05:12 PM EDT, 05/29/2025 (MT Newswires) -- Sunrise Realty Trust ( SUNS ) said late Thursday it expanded its senior secured revolving credit facility to $140 million with the addition of EverBank as joint lead arranger.

EverBank committed $50 million to the facility, which was initially established with East West Bancorp and remains expandable to $200 million.

Proceeds from the expanded facility will support unfunded commitments under existing loans, fund the company's commercial real estate loan pipeline, and provide general working capital, it said.

Shares of Sunrise Realty Trust ( SUNS ) were up nearly 2% in after-hours trading.