Broadmark Realty Capital Inc. (BRMK) Misses Q1 EPS by 2c

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Broadmark Realty Capital Announces First Quarter 2021 Results

May 10, 2021 4:05 PM EDT

SEATTLE--(BUSINESS WIRE)-- Broadmark Realty Capital Inc. (NYSE: BRMK) (the Company), an internally managed secured real estate finance company, today announced operating results for the quarter ended March 31, 2021.

Jeff Pyatt, President and Chief Executive Officer of Broadmark, commented, Housing and construction market fundamentals remain highly supportive of our business, with a persistent shortage of housing supply continuing to drive demand for our loans. We achieved a strong pace of originations to start the year, with new loans and risk reducing amendments of $149 million. This follows an exceptional quarter of origination... More