Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Sunrise Realty Trust Expands Revolving Credit Facility to $165 Million with Addition of Customers Bank [Yahoo! Finance]

Customers Bancorp, Inc (CUBI) 
Last customers bancorp, inc earnings: 1/22 04:54 pm Check Earnings Report
Company Research Source: Yahoo! Finance
the “Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) with the addition of Customers Bank. Customers Bank has committed $25 million to the facility, bringing total committed capital to $165 million. The Credit Facility, originally established with East West Bancorp, Inc. in November 2024, remains expandable to $200 million, subject to certain conditions and additional lender participation. Proceeds from the Credit Facility will be used to finance the Company's ongoing originations across its target CRE markets, fund future draws and unfunded commitments under existing loans, and manage liquidity and capital needs associated with portfolio growth. Leonard Tannenbaum, Executive Chairman of SUNS, said, “We're excited to add Customers to our financing group as we continue to broaden and diversify our bank relationships. Increasing total Show less Read more
Impact Snapshot
Event Time:
CUBI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
CUBI alerts

from News Quantified
Opt-in for
CUBI alerts

from News Quantified