Inactive Instrument

Broadmark Realty Capital Inc.

BRMK

US11135B1008

Broadmark Realty Capital Inc. entered into an agreement to acquire MadisonOne.

May 08, 2024

Broadmark Realty Capital Inc. entered into an agreement to acquire MadisonOne on May 9, 2024. The Madison One business line will be managed by ReadyCap Lending, reporting to Gary Taylor, ReadyCap Lending CEO. Harbor View Advisors, LLC acted as financial advisor for Broadmark.

Alston & Bird LLP acted as legal advisor for Broadmark. Burntside Advisors acted as financial advisor and Lewis Firm seved as legal advisor to MadisonOne.

Latest news about Broadmark Realty Capital Inc.

Broadmark Realty Capital Inc. acquired MadisonOne.	06-10	CI
Transcript : Broadmark Realty Capital Inc., Q1 2024 Earnings Call, May 09, 2024	05-09
Broadmark Realty Capital Inc. entered into an agreement to acquire MadisonOne.	05-08	CI
Broadmark Realty Capital Inc. agreed to acquire MadisonOne on May 9, 2024.	05-08	CI
Broadmark Realty Capital Inc.(NYSE:BRMK) dropped from S&P Global BMI Index	02/06/23	CI
Broadmark Realty Capital Inc.(NYSE:BRMK) dropped from S&P TMI Index	02/06/23	CI
Broadmark Realty Capital Inc.'s Equity Buyback announced on November 7, 2022, has expired.	30/05/23	CI
Ready Capital Corporation (NYSE:RC) completed the acquisition of Broadmark Realty Capital Inc. from The Vanguard Group, Inc., BlackRock, Inc. and others.	30/05/23	CI
Ready Capital Shareholders Approve Issuance of Common Stock in Merger With Broadmark Realty Capital	30/05/23	MT
Tranche Update on Broadmark Realty Capital Inc.'s Equity Buyback Plan announced on November 7, 2022.	09/05/23	CI
Broadmark Realty Capital Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	09/05/23	CI
Broadmark Realty Capital Inc. Declares Cash Dividend for May 2023, Payable on May 30, 2023	09/05/23	CI
Broadmark Realty Capital Inc. Declares Cash Dividend for April 2023, Payable on May 15, 2023	17/04/23	CI
Broadmark Realty Capital Inc. Declares Monthly Dividend for March 2023, Payable on April 14, 2023	15/03/23	CI
Tranche Update on Broadmark Realty Capital Inc.'s Equity Buyback Plan announced on November 7, 2022.	01/03/23	CI
North American Morning Briefing : Chinese -3-	01/03/23	DJ
PIper Sandler Upgrades Broadmark Realty Capital to Neutral From Underweight, Boosts Price Target to $6 From $3.75	28/02/23	MT
Sector Update: Financial Stocks Mixed Ahead of Monday Close	27/02/23	MT
Broadmark Realty to Merge With Ready Capital in $787 Million All-Stock Deal	27/02/23	MT
Sector Update: Financial Stocks Still Staying on Positive Ground	27/02/23	MT
Sector Update: Financial	27/02/23	MT
Ready Capital Q4 Earnings, Revenue Decrease; Signs Merger Deal with Broadmark	27/02/23	MT
Broadmark Realty Capital Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022	27/02/23	CI
Broadmark Realty Capital Inc. Reports Goodwill Impairment Charges for the Fourth Quarter Ended December 31, 2022	27/02/23	CI
Earnings Flash (BRMK) BROADMARK REALTY CAPITAL Reports Q4 Revenue $21.1M, vs. Street Est of $26.6M	27/02/23	MT

Chart Broadmark Realty Capital Inc.

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Company Profile

Broadmark Realty Capital Inc. is an internally managed commercial real estate finance company. The Company is specialized in underwriting, funding, servicing and managing a portfolio generally consisting of short-term, first deed of trust loans to fund the construction and development of, or investment in, residential or commercial properties. The Company has a portfolio of approximately 202 active loans across 162 borrowers in 20 states and the District of Columbia. The Company categorize its loans into seven distinct purposes: Vertical Construction, Horizontal Development, Acquisition, Land Entitlement, Rehabilitation, Bridge and Investment. Vertical Construction funds the building or installing of vertical improvements on real property. Horizontal Development funds the building or installing of horizontal improvements on real property, including initial site preparation, ground clearing, installing utilities, and road, sidewalk and gutter paving.

Sector

Specialized REITs

Calendar

03/11/2024 - Q3 2024 Earnings Release (Projected)

More about the company

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