Broadmark Realty Capital Inc. (BRMK) Misses Q3 EPS by 2c, Revenues Miss

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Broadmark Realty Capital Announces Third Quarter 2020 Results

November 9, 2020 4:05 PM EST

Originated $153.4 Million of Loans

Industry Leading Balance Sheet with No Debt and $173.6 Million of Cash

SEATTLE--(BUSINESS WIRE)-- Broadmark Realty Capital Inc. (NYSE: BRMK) (the Company), an internally managed real estate secured finance company, today announced operating results for the quarter ended September 30, 2020.

We are very happy to have regained momentum as our third quarter origination volumes have returned to pre-COVID levels, reflecting the resiliency of housing fundamentals in our high-growth target markets, said Jeff Pyatt, President and Chief Executive Officer of Broadmark. We continue... More