Quarterlytics / Real Estate / REIT - Mortgage / Broadmark Realty Capital

Broadmark Realty Capital

BRMK · NYSE Real Estate
Claim this profile
Ticker BRMK
Exchange NYSE
Sector Real Estate
Industry REIT - Mortgage
Employees 51-200

Business description

Broadmark Realty Capital Inc.: Commercial Real Estate Financing Heavyweight Seattle-based Broadmark Realty Capital Inc. is a force to be reckoned with in the world of commercial real estate finance. The company focuses on underwriting, funding, servicing and managing short-term trust loans designed to finance the construction, development or investment in residential or commercial properties throughout the United States. Broadmark has elected to be classified as a real estate investment trust (REIT) for federal income tax purposes. This important distinction means the company is not subject to corporate income tax on the portion of its net income that is distributed to stockholders, provided it distributes dividends worth at least 90% of its REIT taxable income to shareholders on an annual basis. Founded in 2010, the company has gained a reputation as a reliable source of short-term commercial real estate finance.

broadmark.com/about-broadmark-realty-capital
Is this your company?
Claim profile to control your coverage, no call required.
Company facts
TickerBRMK
ExchangeNYSE
Sector Real Estate
Industry REIT - Mortgage
Employees51-200