Ready Capital

Ready Capital Corporation is a real estate finance company based in New York, specializing in providing capital for small balance commercial loans, small business administration loans, and residential mortgage loans. Established in 2007, the company has facilitated over $3 billion in lending nationwide, focusing on multifamily and commercial real estate. Ready Capital operates through four main segments: Acquisitions, SBC Originations, SBA Originations, and Residential Mortgage Banking. The Acquisitions segment deals in both performing and non-performing small balance commercial loans, while the SBC Originations segment provides loans secured by stable or transitional properties. The SBA Originations segment focuses on owner-occupied loans guaranteed by the SBA, and the Residential Mortgage Banking segment originates loans through various channels. Ready Capital is also recognized as a real estate investment trust, allowing it to minimize federal corporate income taxes by distributing a significant portion of its taxable income to shareholders. The company was formerly known as Sutherland Asset Management Corporation and rebranded in September 2018.

Gary Taylor

COO

3 past transactions

United Development Funding

Acquisition in 2024
United Development Funding is a financial services firm based in Grapevine, Texas, that specializes in real estate investments. The company focuses on the development and construction of affordable single-family homes, utilizing a combination of public and private funds to channel investor capital towards financing homebuilders and land developers. In addition to its core investment activities, United Development Funding offers secured loans to clients for residential apartments and single-family homes, enabling investors to diversify their portfolios within the residential real estate sector.

Broadmark Realty Capital

Acquisition in 2023
Broadmark Realty Capital is a merchant bank that specializes in providing direct investment opportunities and financing services, primarily focusing on short-term, first deed of trust loans. Established in 1987, the company underwrites, funds, and manages a portfolio aimed at supporting the construction and development of residential and commercial properties. Broadmark Realty Capital engages in the underwriting and servicing of mortgage loans, catering to the needs of accredited investors and emerging companies. The firm is dedicated to facilitating real estate investments through its comprehensive financing and management services.

Red Stone Tax-Exempt Funding

Acquisition in 2021
Red Stone Tax Exempt Funding is a leading lender to the multi-family affordable housing industry throughout the United States. We focus on providing acquisition, development period and permanent mortgage capital on properties that are financed utilizing tax-exempt bonds. Since our founding in 2002, Red Stone had provided in excess of $2.0 billion of mortgage capital on affordable and mixed income rental properties.
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