
Manhattan Bridge Capital, Inc. (LOAN) Stock Ticker
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About Manhattan Bridge Capital, Inc.
Manhattan Bridge Capital, Inc. (MBC) functions as a dedicated real estate financing firm, actively originating, servicing, and overseeing a diverse portfolio of first-position mortgage loans across the United States. The company extends short-duration, collateral-backed, non-traditional financing solutions to real estate investors. These funds are primarily utilized for the acquisition, renovation, rehabilitation, or enhancement of properties, with a concentrated focus on the New York metropolitan region (including New Jersey and Connecticut) and the state of Florida. MBC's loans are principally secured by the underlying real estate assets, often supplemented by personal assurances provided by the borrowers' key individuals. Designated as a Real Estate Investment Trust (REIT) for federal income tax purposes, Manhattan Bridge Capital typically avoids federal corporate income taxation, provided it distributes at least 90% of its taxable earnings to shareholders. Established in 1989, the firm maintains its headquarters in Great Neck, New York.
LOAN stock facts
| Ticker symbol | LOAN |
| Exchange | NASDAQ Capital Market |
| Sector | Real Estate |
| Industry | REIT - Mortgage |
| Market cap | $44.6M |
| CEO | Assaf Ran |
| Employees | 6 |
| Headquarters | Great Neck, NY, US |
| IPO date | 1999-05-13 |
| Website | www.manhattanbridgecapital.com |
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What is the ticker symbol for Manhattan Bridge Capital, Inc.?
The ticker symbol for Manhattan Bridge Capital, Inc. is LOAN, listed on the NASDAQ Capital Market.
What is LOAN?
Manhattan Bridge Capital, Inc. (MBC) functions as a dedicated real estate financing firm, actively originating, servicing, and overseeing a diverse portfolio of first-position mortgage loans across the United States. The company extends short-duration, collateral-backed, non-traditional financing solutions to real estate investors. These funds are primarily utilized for the acquisition,…