Broadmark Realty Capital Declares Monthly Dividend for February 2023
February 15 2023 - 4:15PM
Business Wire
Broadmark Realty Capital Inc. (NYSE: BRMK) (“Broadmark”
or the “Company”), a specialty real estate finance company,
announced today that its Board of Directors has declared a cash
dividend of $0.035 per share of common stock for February 2023. The
dividend will be payable on March 15, 2023 to stockholders of
record as of February 28, 2023.
About Broadmark Realty Capital
Broadmark is a specialty real estate finance company, providing
financing solutions generally in the $5 to $75 million range per
transaction. The company provides smart, reliable, rapid solutions
across the entire debt capital stack, including senior,
subordinate, and participation investments with fixed and floating
rate structures available. Broadmark invests in a variety of new
construction and existing properties across all asset classes
throughout the United States, including hotel, industrial, medical,
mixed-use, office, retail, self-storage, warehouse, multifamily,
senior living, student housing, condos, larger scaled
single-family, townhome, and multiplex. It has the competitive
advantage of being an internally managed balance sheet lender, and
the company’s proactive approach delivers dedicated in-house
underwriting, asset management, loan servicing, and draw
administration.
Forward Looking Statements
Certain statements made herein are not historical facts but are
forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995. Forward-looking statements generally are accompanied by words
such as “may”, “should”, “would”, “plan”, “intend”, “anticipate”,
“believe”, “estimate”, “predict”, “potential”, “seem”, “seek”,
“continue”, “future”, “will”, “expect”, “outlook” or other similar
words, phrases or expressions. These statements are based on the
current expectations and are not predictions of actual performance.
In addition, actual results are subject to other risks and
uncertainties that relate more broadly to the Company’s overall
business, including those more fully described in the Company’s
filings with the Securities and Exchange Commission.
Forward-looking statements are not guarantees of performance, and
speak only as of the date made, and the Company undertakes no
obligation to update or revise any forward-looking statements
except as required by law.
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