Analyst Coverage Initiated Stock
Report Date: 06-17-2022
Symbol: BRMK - Broadmark Realty Capital Inc.
Sector: Real Estate
Industry: REIT—Mortgage
Analyst Coverage Initiated: BRMK rating Neutral by Piper Sandler
Price Target: $7
Broadmark Realty Capital Inc. (BRMK)
1420 Fifth Avenue, Suite 2000
Seattle, WASHINGTON 98101
Phone: 12069710800
Website: https://www.broadmark.com
CEO: Mr. Jeffrey B. Pyatt
Broadmark Realty Capital Inc. provides short-term and first deed of trust loans secured by real estate to fund the acquisition, renovation, rehabilitation, and development of residential and commercial properties in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Broadmark Realty Capital Inc. was founded in 2010 and is headquartered in Seattle, Washington.