Ready Capital Corp. is a real estate finance company, which engages in acquiring, managing, and financing small balance commercial loans. The company is headquartered in New York City, New York and currently employs 475 full-time employees. The company went IPO on 2013-02-08. The firm specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Its segments include LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates lower-to-middle-market commercial real estate (LMM) loans across the full life cycle of an LMM property, including construction, bridge, stabilized and agency loan origination channels through its subsidiary, ReadyCap Commercial, LLC. The Small Business Lending segment acquires, originates and services owner-occupied loans guaranteed by the SBA under the SBA Section 7(a) Program through its subsidiary, ReadyCap Lending, LLC.
Follow-Up Questions
Who is the CEO of Ready Capital Corp?
Mr. Thomas Capasse is the Chairman of the Board of Ready Capital Corp, joining the firm since 2016.
What is the price performance of RC.PRE stock?
The current price of RC.PRE is $16.01, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Ready Capital Corp?
Ready Capital Corp belongs to Real Estate industry and the sector is Financials
What is Ready Capital Corp market cap?
Ready Capital Corp's current market cap is $2.6B
Is Ready Capital Corp a buy, sell, or hold?
According to wall street analysts, 6 analysts have made analyst ratings for Ready Capital Corp, including 0 strong buy, 0 buy, 9 hold, 4 sell, and 0 strong sell
