Ready Capital Corp

# Ready Capital Corp

Ready Capital is a real estate investment trust incorporated in Maryland and publicly traded on the New York Stock Exchange under the ticker RCD. The company originates, acquires, and services commercial real estate loans, with a primary focus on small-balance commercial mortgages in the $750,000 to $5 million range. Ready Capital's business model centers on originating and holding performing loans while also generating fee income through loan servicing and portfolio management activities.

The company operates across multiple revenue streams including interest income from its loan portfolio, origination and servicing fees, and gains on loan sales. Ready Capital targets borrowers in the multifamily, commercial, and mixed-use real estate sectors, maintaining geographically diversified exposures across the United States. The company finances its lending operations through warehouse facilities, securitizations, and equity capital.

Ready Capital maintains offices across several states to support its origination and servicing operations, though the company maintains a relatively lean operational footprint compared to traditional commercial banks. The company generated revenues in the hundreds of millions of dollars range, with the majority derived from its lending and servicing activities rather than balance sheet holdings alone.