Broadmark Realty Capital Announces Fourth Quarter and Full Year 2019 Results
Broadmark Realty Capital Inc. (BRMK)
Company Research
Source: Business Wire
– Originated $480 Million of Loans in Full Year 2019 –– Completed Business Combination to Form Internally Managed, Unlevered Commercial Mortgage REIT – SEATTLE--(BUSINESS WIRE)--Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed commercial mortgage real estate investment trust focused primarily on short-term real-estate-backed senior loans, today announced operating results for the fourth quarter and full year ended December 31, 2019. The Company completed a successful business combination with Trinity Merger Corp. on November 14, 2019.“We are very pleased with our fourth quarter and full year 2019 results, which reflect the continued growth of Broadmark’s unique lending strategy, and highlight the proven success of our strong originations platform, supported by one of the strongest balance sheets in the industry, marked by no debt. We also have a long record of paying consistent monthly distributions to our shareholders,” said Jeff Pyatt, President a
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