Southern Realty Trust, a lender on the Tannenbaum Capital Group (TCG) real estate platform, expanded its senior secured revolving credit facility with the addition of Customers Bank. Customers Bank has committed $25 million to the facility, bringing total committed capital to $125 million. The credit facility, originally established with East West Bancorp in November 2025, 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.
“We’re excited to add Customers to our financing group as we continue to broaden and diversify our bank relationships,” Leonard Tannenbaum, executive chairman of SRT, said. “Increasing total commitments to $125 million further strengthens our liquidity profile and enhances our ability to act quickly on attractive, well-structured opportunities while maintaining a disciplined approach to credit and portfolio construction.”
