Ready Capital Corporation, often abbreviated as RC, is a leading multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans. Founded in 2011 and headquartered in New York, United States, the company is known for its expertise in not only investing in and managing small balance commercial loans, but also residential lending, buying and selling loans, and owning and managing real estate properties.
Listed on the New York Stock Exchange under the symbol "RC", Ready Capital Corporation operates as a real estate investment trust (REIT). Its investment strategy is focused on originating or acquiring loans secured by small and medium-sized commercial real estate properties in all 50 states and Washington D.C.
Ready Capital's loan portfolio encompasses different types of loans including bridge loans, residential transition loans, senior mortgage loans, mezzanine loans, and subordinate interest in senior loans. By diversifying its loan portfolio, RC is able to leverage specific circumstances and environments effectively and yield solid, beneficial results for its investors.
The innovation and expertise of RC ensure that borrowers are well catered for, as they offer flexible, creative, and timely lending solutions that help meet unique and complex financing needs. Essentially, Ready Capital bridges the gap between the lower loan amounts that larger financial institutions aren't keen on, and the escalating needs of small-to-mid-sized business owners and real estate investors.
The company also boasts a robust real estate services division that provides services like valuations, title searches, imaging and document management, and loan servicing to third parties.
Driven by a team of highly skilled and experienced professionals, Ready Capital is consistently ranked amongst the leaders in the small-to-medium balance marketplace. The experts at RC leverage industry-leading technology along with their deep market knowledge to fuel the company's sustained growth and solid reputation.
Ready Capital Corporation is not just about finances and real estate, but also about social responsibility. The company does its part in community improvement initiatives and believes in giving back to the communities it serves.
In the ever-changing world of commercial real estate, Ready Capital Corporation thrives due to its flexible approach and commitment to innovative, customer-centric solutions. It prides itself not just on financial robustness but also on the level of service and reliability it consistently provides to its clients. With a deep understanding of the small-to-medium balance marketplace, and a commitment to both customer satisfaction and responsible investing, RC has earned its place as a trusted and respected player in the real estate finance industry.