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BRMK| Name | Value |
|---|---|
| Revenues | 28.5M |
| Cost of Revenue | 0.0M |
| Gross Profit | 28.5M |
| Operating Expense | 10.4M |
| Operating I/L | 18.1M |
| Other Income/Expense | -2.1M |
| Interest Income | 22.1M |
| Pretax | 15.9M |
| Income Tax Expense | 2.1M |
| Net Income/Loss | 13.8M |
Broadmark Realty Capital Inc. is a commercial real estate finance company in the United States. It specializes in underwriting, funding, servicing, and managing short-term trust loans for residential and commercial property construction, development, and investment. The company operates as a real estate investment trust, allowing it to avoid corporate income tax on distributed net income. Its primary revenue stream comes from the interest and fees generated from these loans, providing financing solutions for real estate projects.
