Broadmark Realty Capital Inc, founded in 2010 and headquartered in Seattle, Washington, operates as a real estate finance company that focuses on providing short-term, asset-backed loans to residential and commercial property developers. The company specializes in originating and managing loans secured by real estate, catering primarily to developers who require quick access to capital.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BRMK 5.00% 2026-11-15 USDBroadmark Realty Capital Inc | United States | 2026-11-15 | 5.000 | 9.79 |
| BRMK 5.00% 2026-11-15 USDBroadmark Realty Capital Inc | United States | 2026-11-15 | 5.000 | 9.50 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Broadmark Realty Capital has issued bonds to finance its lending operations, beginning with its first public bond issuance in 2019. Notably, they completed a significant issuance of $200 million in senior notes in March 2021, displaying strong investor demand and enabling further growth in their loan portfolio. As of October 2023, the company’s bonds offer competitive yields compared to the industry average, attracting retail investors with their unique risk-return profile. Their bonds are characterized by favorable repayment terms and are backed by quality real estate assets, making them an appealing option in the current market landscape.