4.80000 USD
0.06
1.23%
Last update Dec 16, 3:59 PM EST
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Day range
4.80000
4.92000
Previous close
4.86000
Open
4.89000
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Manhattan Bridge Capital Inc.
4.80
0.06
1.23%

Overview

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Description

Manhattan Bridge Capital Inc. operates as a real estate finance company in the United States, focusing primarily on what is known as hard money lending. Its principal aim is to finance short-term, secured non-banking loans to real estate investors, offering revolving lines of credit to fund residential and commercial property purchases. Manhattan Bridge Capital Inc. specializes in short-term loans, filling a crucial niche for real estate investors who need swift access to capital, which is often more cumbersome to secure through traditional bank loans. The company's offerings are geared towards projects that require quick financing turnaround, such as rehabs, renovations, or property acquisitions. This service is vital for sectors like residential housing and commercial real estate, where timing is essential and can determine investment success or failure. Given its strategic focus, Manhattan Bridge Capital Inc. plays a significant role in the real estate finance landscape, particularly for investors seeking agile, alternative financing solutions. As such, it acts as a cornerstone for small to medium-sized real estate entrepreneurs looking to capitalize on market opportunities that demand an expeditious financial response.

About

CEO
Mr. Assaf Ran
Employees
6
Address
60 Cutter Mill Road
Suite 205
Great Neck, 11021, NY
United States
Phone
516 444 3400
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Mortgage
Country
United States
MIC code
XNCM
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