Manhattan Bridge Capital, Inc. (LOAN)

USD 5.48

(-2.14%)

Market Cap (In USD)

62.68 Million

Revenue (In USD)

9.79 Million

Net Income (In USD)

5.47 Million

Avg. Volume

20.9 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
4.6-5.9
PE
-
EPS
-
Beta Value
0.55
ISIN
US5628031065
CUSIP
562803106
CIK
1080340
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Mortgage
CEO
Mr. Assaf Ran
Employee Count
-
Website
https://www.manhattanbridgecapital.com
Ipo Date
1999-05-13
Details
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company's loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.