We are a Connecticut-based real estate finance company that specializes in originating, underwriting, funding, servicing and managing a portfolio of short-term (i.e., three years or less) loans secured by first mortgage liens on real property located primarily in the Northeastern United States and Florida. Our typical borrower is a real estate investor or developer who will use the proceeds to fund its acquisition, renovation, rehabilitation, development and/or improvement of residential or commercial properties and that are held for investment or sale. The mortgaged property may or may not be income producing. We do not lend to owner-occupants. Our loans are referred to in the real estate finance industry as “hard money loans” primarily because they are secured by “hard” (i.e., real estate) assets.

Performance Details

1 Year Return
-64.09%
2 year return
-38.13%
3 year return
-31.93%
5 year return
-2.76%
10 year return
N/A
Market Cap
$49 M
Dividend Yield
19.05%
Dividend Amount
$0.05
Ex-Dividend Date
2024-11-18

Last updated: Apr. 28 2025