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Ready Capital Corp T.RC


Primary Symbol: RC Alternate Symbol(s):  RC.PR.C

Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. 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 wholly owned subsidiary, ReadyCap Commercial, LLC. These originated loans are generally held-for-investment or placed into securitization structures. As part of this segment, it originates and services multi-family loan products under the Freddie Mac SBL program. The Small Business Lending segment acquires, originates and services owner-occupied loans guaranteed by the Small Business Administration (SBA) under its SBA Section 7(a) Program through its wholly owned subsidiary, ReadyCap Lending, LLC.


NYSE:RC - Post by User

Bullboard Posts
Comment by _mvmon Feb 05, 2006 2:45pm
106 Views
Post# 10305157

RE: Great Tech Story

RE: Great Tech StoryWell, the share price certainly has perked up a bit, as has the number of posts on this forum. Maybe that giddiness is infectious. They made it a point of mentioning that the Xign investment is on there at cost. Short of an IPO, would you ever be able to do anything but have it on your balance sheet at cost? It seems pretty tough to evaluate what the true value of Xign is until an IPO takes place and I have not heard anything to suggest this is going to happen anytime soon.
Bullboard Posts