Merger Materials Hid Portland Project Woes, Investors Say

By Nate Beck · February 17, 2026, 5:47 PM EST

Defending against a dismissal motion, Broadmark Realty Capital shareholders are claiming proxy materials for a 2023 merger between Broadmark and Ready Capital failed to mention multifamily loan distress or cost overruns...

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Case Information

Case Title

Grant et al v. Broadmark Realty Capital Inc et al

Case Number

2:25-cv-01013

Court

Washington Western

Nature of Suit

Securities/Commodities

Date Filed

May 28, 2025