Broadmark Realty Capital, Inc. is a real estate investment trust company, which engages in providing underwriting, funding, servicing, and managing portfolio services. The company is headquartered in Seattle, Washington and currently employs 63 full-time employees. The company went IPO on 2019-11-15. The firm is specialized in underwriting, funding, servicing and managing a portfolio generally consisting of short-term, first deed of trust loans to fund the construction and development of, or investment in, residential or commercial properties. The firm has a portfolio of approximately 202 active loans across 162 borrowers in 20 states and the District of Columbia. The firm categorize its loans into seven distinct purposes: Vertical Construction, Horizontal Development, Acquisition, Land Entitlement, Rehabilitation, Bridge and Investment. Vertical Construction funds the building or installing of vertical improvements on real property. Horizontal Development funds the building or installing of horizontal improvements on real property, including initial site preparation, ground clearing, installing utilities, and road, sidewalk and gutter paving.
Industry: Real Estate Investment Trusts Peers: MFA Financial Inc Annaly Capital Management Inc Franklin BSP Realty Trust Inc Ares Commercial Real Estate Corp ARMOUR Residential REIT Inc Brightspire Capital Inc Ellington Financial Inc Adamas Trust Inc Redwood Trust Inc TPG RE Finance Trust Inc
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