Broadmark Realty Capital Inc. (BRMK) Misses Q1 EPS by 3c

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Broadmark Realty Capital Announces First Quarter 2020 Results

May 11, 2020 4:05 PM EDT

Originated $107 Million of Loans

Strong Liquidity with No Debt and $258 Million of Cash

Launched Broadmark Private REIT, Providing Additional Capital Source

SEATTLE--(BUSINESS WIRE)-- Broadmark Realty Capital Inc. (NYSE: BRMK) (the Company), an internally managed commercial mortgage real estate investment trust focused primarily on short-term real-estate-backed senior loans, today announced operating results for the quarter ended March 31, 2020.

Our first quarter results demonstrate the strength of our operational model and balance sheet. Our originations were in excess of $100 million. We also... More