MANHATTAN BRIDGE CAPITAL, INC.

MANHATTAN BRIDGE CAPITAL, INC. is a New York-based real estate finance company that specializes in originating, servicing, and managing a portfolio of first mortgage loans. The company provides short-term, secured, non-banking loans, also known as "hard money" loans, to real estate investors. These loans fund the acquisition, renovation, rehabilitation, or improvement of properties. The company's geographic focus for these properties includes the New York metropolitan area, specifically New Jersey and Connecticut, and Florida. MANHATTAN BRIDGE CAPITAL, INC. is organized and operates to qualify as a real estate investment trust (REIT) for federal income tax purposes, a qualification it has maintained since its taxable year ended December 31, 2014. To maintain its REIT status, the company must distribute at least 90% of its REIT taxable income to shareholders annually. Its restated certificate of incorporation limits the acquisition and ownership of its capital stock to 4.0% of its outstanding shares, by value or number of shares, whichever is more restrictive. The company also intends to operate in a way that maintains its exemption from registration under the Investment Company Act of 1940, as amended.