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Overview
The Manhattan Bridge Capital company, also known as "MBC," is a real estate finance company that specializes in originating, servicing, and managing short-term, bridge loans for real estate investors and developers in the New York metropolitan area. Founded in 1989, the company's headquarters are located in Great Neck, New York. MBC primarily focuses on providing short-term financing solutions for properties that are not currently eligible for traditional bank loans. These loans are typically used for the acquisition, renovation, enlargement, development, and refinancing of commercial and residential properties. The company is publicly traded on the NASDAQ stock exchange under the symbol "LOAN" and has a long track record of steady growth and profitability. MBC has a market capitalization of over $100 million and has consistently paid dividends to its shareholders. MBC differentiates itself from other real estate finance companies by offering personalized service and a quick turnaround time on loans. The company's team of experienced professionals has extensive knowledge of the local real estate market and is able to make fast and informed lending decisions. MBC's loan portfolio is diversified and includes a mix of commercial and residential properties. The company's borrowers include individuals, partnerships, corporations, and other entities involved in the acquisition, development, and rehabilitation of properties. In addition to providing short-term bridge loans, MBC also offers construction loans, mezzanine loans, and other types of real estate financing. The company prides itself on its flexibility and ability to customize loan solutions to meet the specific needs of its borrowers. Overall, Manhattan Bridge Capital is a well-established and reputable company in the real estate finance industry, known for its experienced team, personalized service, and strong financial performance.
What is special about the company?
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