Ready Capital Corporation Notes -15.12.29
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Thomas Edward Capasse
- Full Time Employees
- 475
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Address
- 1251 Avenue of the Americas New York City NY United States of America 10020
- IPO Date
- Dec 19, 2024
- CIK
- 0001527590
- Website
- readycapital.com
- Similar Companies
- Business
- Ready Capital Corporation (NYSE: RC), a commercial mortgage real estate investment trust (REIT), operates as a multi-strategy real estate finance company that originates, acquires, finances, services, and manages commercial real estate loans and real estate-related securities, including mortgage-backed securities collateralized primarily by small balance commercial loans. The company specializes in lower-to-middle-market (LMM) loans secured by commercial real estate across the full property life cycle, encompassing construction, bridge, transitional, stabilized investor properties, agency multifamily such as Freddie Mac small balance loans (SBL), and owner-occupied properties in sectors including multifamily, office, retail, industrial, and self-storage; it also provides U.S. Small Business Administration (SBA) Section 7(a) loans, USDA OneRD government-guaranteed loans, and residential mortgage banking products including conventional, FHA, and VA loans. Through subsidiaries such as ReadyCap Commercial LLC and ReadyCap Lending LLC, Ready Capital targets small- to medium-sized balance loans typically under $10 million, serving investors, property owners, small businesses, and underserved communities nationwide across the United States with approximately 500 lending professionals. Headquartered at 1251 Avenue of the Americas in New York, New York, the company traces its roots to 2007 with predecessor operations and changed its name from Sutherland Asset Management Corporation in 2018. Ready Capital maintains a proven track record of acquisitions and integrations, including the June 2024 purchase of Madison One to expand USDA lending with expected annual volume exceeding $300 million; the July 2024 acquisition of Funding Circle US to enhance technology-enabled customer experiences and funding efficiency; and the March 2025 completion of its merger with United Development Funding IV (UDF IV), converting UDF IV shares into 0.416 Ready Capital common shares plus contingent value rights tied to specified loan portfolio recoveries, thereby scaling its portfolio and core real estate finance operations. Waterfall Asset Management serves as the external manager.
Keel Laid for first River-Class Destroyer – The Future HMCS Fraser
Ready Capital Corporation (RC) Q1 2026 Earnings Call Transcript
Ready Capital: 14% YTM Bonds Offer The Best Risk-Reward
Ready Capital Corporation (RC) Q4 2025 Earnings Call Transcript
Ready Capital Corporation (RC) Q2 2025 Earnings Call Transcript
Ready Capital: Value Destruction Proceeds On Schedule
Ready Capital Corporation (RC) Q3 2025 Earnings Call Transcript
Ditch Mortgage REITs? These High Yielders Are Crushing It
Ready Capital: Distress And Opportunity, Why I Bought The Series E Preferreds
Preferreds/Bond Weekly Review: Couple Of New Issues
RCD: A Baby Bond To Sell, Not To Buy
RCD: A 9.00% Senior Note IPO From Ready Capital Corporation
VettaFi Voices On: What's Ahead for Economy, Markets?
Invesco Changes Tickers for Equal-Weight Sector ETFs
Which Sectors Can Benefit Most From an Equal-Weight Strategy?
RCD ETF: The Wheels Are Coming Off
Is Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) a Strong ETF Right Now?
RCD: Consumer Discretionary Dashboard For May
Should You Invest in the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD)?
Consumer Discretionary ETFs: Luxury Leisurely Takes Lead