Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) is a prominent real estate investment firm operating in and out of New York. Founded in 1989 and headquartered in Great Neck, New York, the company provides short-term secured, non–banking loans to real estate investors, aiming to finance their acquisition, renovation, rehabilitation, or enhancement of properties within the New York Metropolitan area.
Manhattan Bridge Capital (LOAN) is highly regarded for its strategic business model, making its mark in the crowded real estate investment industry. Operating in the 'hard money' lending sector, the company offers 'first mortgage loans' but is separate from traditional bank lenders due to the speed, flexibility, and nature of the transactions.
Primarily catering to real estate investors looking to acquire distressed properties in need of quick funding, the company's customer base includes investors who are looking to buy, fix, and sell properties for either commercial or residential purposes. The company’s loan to value ratio is typically 60%-65% with terms ranging from one to three years, providing well-secured and short-term profit opportunities.
Another key aspect of the company's operations involves maintaining personal relationships with borrowers. Also, it offers fast and confident responses to loan requests, often making a decision within a day. This ability is possible thanks to their specialized knowledge of the real estate market within the New York Metropolitan area, which allows them to act swiftly in approving and paying out loans.
Besides, the company has cultivated a reputation for integrity, transparency, and high-quality service. Loan portfolio risk is mitigated by their close-kept relationships with borrowers and stringent due diligence processes. Furthermore, their loan portfolio, which is individually monitored and maintained by the firm's experienced management team, is low in non-performing assets.
Under the expert stewardship of CEO and President Assaf Ran, Manhattan Bridge Capital continues to mark its status as one of the notable players in the real estate investment sector. It has consistently paid dividends—even during the economic downturn.
In conclusion, Manhattan Bridge Capital, Inc. has positioned itself uniquely in the hard money lending market. With its client-focused approach, attentive service, strategic lending practices, and deep-rooted knowledge of their geographic market, the company continues offering life-changing opportunities to real estate investors while upholding robust company performance and shareholder returns.
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Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced a quarterly dividend of $0.105 per share. Shareholders of record on December 31, 2026, will receive the dividend, which is scheduled for payment on January 15, 2027.
Manhattan Bridge Capital, Inc. reported an increase in total revenues for the three months ended September 30, 2026, reaching approximately $2,054,000, up 0.9% from the same period in 2025, primarily due to higher origination fees. However, total revenues for the nine months ended September 30, 2026, decreased by 7.5% to $6,166,000, attributed to lower interest rates and origination fees due to increased market competition. The company also announced an amendment to its share repurchase program, increasing authorized repurchases and extending the program through October 8, 2027.
Manhattan Bridge Capital (LOAN) announced that its Board of Directors approved an increase in its share repurchase authorization from 100,000 to 250,000 common shares and extended the program's term by 12 months. This move aims to actively manage capital and potentially enhance shareholder value. According to TipRanks' AI Analyst Spark, LOAN is rated Neutral, citing strong profitability and a low-leverage balance sheet, though tempered by weak technicals and recent revenue softness.