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November 24, 2009

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Del Mar parent trading on Nasdaq

Friday, April 28, 2000 | 10:59 a.m.

Shares in Las Vegas-based Sunderland Corp. began trading on the Nasdaq Small Cap market Thursday.

Through its subsidiary Del Mar Mortgage, Sunderland finances real estate construction projects.

Sunderland recently acquired broker-dealer DM Financial Services Inc., and just merged with Las Vegas-based accounting and consulting firm L.L. Bradford & Co.

The company also recently began operating a Financial Services Division in hopes of establishing a national financial services network.

Sunderland employs 46 people in its Las Vegas operations. Last year, the company reported $11.8 million in revenue, with net income of $2.6 million.

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