Manhattan Bridge Capital, Inc. (LOAN) is a publicly traded company in the Real Estate sector, operating within the REIT - Mortgage industry. The company is headquartered in Great Neck, NY, United States. The current CEO is Assaf Ran.
LOAN has IPO date of 1999-05-13, 6 full-time employees, listed on the NASDAQ Capital Marke, a market capitalization of $52.92M.
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company's loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.
