Manhattn Bridge

LOAN NASDAQ
6.00
-0.05
-0.83%
Closed 16:00 05/22 EDT
Open
6.06
Prev Close
6.05
High
6.06
Low
6.00
Volume
12.50K
Avg Vol (3M)
24.43K
52 Week High
8.00
52 Week Low
5.34
% Turnover
0.13%
Market Cap
58.84M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Manhattan Bridge Capital, Inc. (MBC) is a real estate finance company that specializes in originating, servicing and managing a portfolio of first mortgage loans. The Company offers short-term, secured, non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area. Its primary business objective is to grow its loan portfolio while protecting and preserving capital in a manner that provides for risk-adjusted returns to its shareholders over the long term through dividends. It intends to achieve this objective by continuing to selectively originate, fund loans secured by first mortgages on residential real estate held for investment located in the New York metropolitan area, and to manage and service its portfolio in a manner designed to generate risk-adjusted returns across a range of market conditions and economic cycles. Its loan portfolio includes various construction loans.
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