BRMK / Broadmark Realty Capital: The Chronicle Of A Foretold Disaster

Just as there are REITs to buy, there are REITs to sell in September. Some of these stocks are no longer in favor due to changes in how we fundamental more_horizontal

Broadmark Realty (BRMK) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $ more_horizontal

Broadmark Realty (BRMK) delivered earnings and revenue surprises of -25% and 18.21%, respectively, for the quarter ended December 2022. Do the numbers more_horizontal

Real estate finance company Ready Capital Corp. RC, -1.57% and Broadmark Realty Capital Inc. BRMK, -2.35% said Monday they have agreed to merge in a d more_horizontal

Broadmark Realty Capital is a hard money lender that makes high-risk, high-interest one to three year loans to real estate developers. BRMK has posted more_horizontal

A rough business patch combined with a tough market adds up to what looks like an incredible bargain for this company. more_horizontal

Broadmark Realty Capital has seen its share price decline 60% year-to-date as the US residential real estate market has gone from hot to cold. Broadma more_horizontal

Since our last report, Broadmark Realty Capital Inc.'s conditions have gone from bad to worse. Broadmark posted Q3 results with earnings misses on the more_horizontal