Quarterlytics / Real Estate / REIT - Mortgage / Manhattan Bridge Capital

Manhattan Bridge Capital

LOAN · NASDAQ Real Estate
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Ticker LOAN
Exchange NASDAQ
Sector Real Estate
Industry REIT - Mortgage
Employees 1-10

Business description

Manhattan Bridge Capital, Inc., a finance company focused on real estate lending, has built a diverse portfolio of first mortgage loans in the United States. The company's core business is centered around providing investors with secured, short-term, non-banking loans to fund the acquisition, renovation, rehabilitation, or development of commercial or residential properties in the tri-state area and in Florida. Manhattan Bridge Capital, Inc.'s loans are typically organized around collateral consisting of real estate and supported by personal guarantees from the principals of the borrowers. The company enjoys beneficial tax treatment as a real estate investment trust and as such, is exempt from federal corporate tax so long as its taxable income is distributed to stockholders. Founded in 1989 and with its headquarters located in Great Neck, New York, Manhattan Bridge Capital, Inc. is a force to be reckoned with in the world of real estate finance.

manhattanbridgecapital.com
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Company facts
TickerLOAN
ExchangeNASDAQ
Sector Real Estate
Industry REIT - Mortgage
Employees1-10