LOAN - Manhattan Bridge Capital: I'm Bullish After My Conversation With The CEO

I am generally cautious about investing in REITs. I don't like that they constantly have to access capital markets in order to grow, resulting in high debt levels and routine dilution of shareholders after equity offerings. However, looking in niche spaces can present unique opportunities where competition is low and value can be found. This is what initially interested me in Manhattan Bridge Capital (LOAN), a hard money lender operating primarily in New York, and to a lesser extent New Jersey, Connecticut, and Florida. They provide loans of approximately 12 months duration to