Sunrise Realty Trust committed $27.3 million million in a $42.0 million senior loan for the refinancing of the Thompson San Antonio Hotel. Southern Realty Trust committed the remaining $14.7 million of the total loan amount. The Sponsor is DC Partners, a Houston-based real estate development and investment firm specializing in luxury high-rise residential, mixed-use, and hospitality projects.

The Thompson San Antonio Hotel, located at 115 Lexington Avenue in San Antonio’s Art District, is part of a 20-story mixed-use development completed in 2020. The Project overlooks the San Antonio Riverwalk and is near attractions such as the Tobin Center for the Performing Arts. Spanning almost 140,000 square feet, the Project features 162 luxury hotel rooms and offers a range of amenities including two restaurants, a full-service spa, a gym and 5,000 square feet of conference facilities.

Sunrise Realty Trust is an institutional commercial real estate lender providing flexible financing solutions for sponsors in the Southern United States.