Ready Capital Corporation Announces Fourth Quarter and Full Year 2025 Results and Webcast Call
Ready Capital Corporation (NYSE: RC) is scheduled to release its fourth quarter and full year 2025 financial results after the NYSE closes on Thursday, February 26, 2026. The company will host a webcast and conference call on Friday, February 27, 2026, at 8:30 a.m. ET to discuss these results and provide a business update for the period ended December 31, 2025. A replay of the call will be available until March 13, 2026.
Ready Capital Corporation Announces Fourth Quarter and Full Year 2025 Results and Webcast Call
Ready Capital Corporation (NYSE: RC) has announced that it will release its fourth quarter and full year 2025 financial results on Thursday, February 26, 2026, after the New York Stock Exchange closes. Following the release, management will host a webcast and conference call on Friday, February 27, 2026, at 8:30 a.m. Eastern Time to discuss these results and provide a general business update. The company encourages participants to use the webcast, which will be available on its website, due to potential extended wait times for the dial-in conference call.
Ready Capital Corp Announces Quarterly Dividend of $0.01 (NYSE:RC)
Ready Capital Corp (NYSE:RC) declared a quarterly dividend of $0.01 per share, payable on January 30th to shareholders of record by December 31st. The real estate investment trust has seen its dividend payment slightly decrease over the last three years and currently has an 89.3% payout ratio, though future earnings are expected to cover this at a 47.6% payout ratio. The company's stock recently traded down to $2.21, reflecting a negative net margin and EPS of -$0.10 for the last quarter.
Tampa hotel gets $20 million in financing
Linchris Hotel Corp., owner of the Sheraton Tampa Brandon Hotel, has secured $20.07 million in financing through Ready Capital, with JLL Capital Markets representing Linchris. The 266-unit hotel, purchased by Linchris in 2016 for $15.84 million, features extensive meeting space and is the company's only Florida property. The terms and purpose of the financing were not disclosed.
Ready Capital (RC) Closes Broadmark Merger, Ups CRE Lending
Ready Capital (RC) has completed its merger with Broadmark Realty Capital, enhancing its position as a non-bank lender in the commercial real estate market and becoming the fourth-largest commercial mortgage REIT. The integration expands its CRE lending platform to include residential and commercial construction loans, offering broader geographic reach and diverse product offerings. This strategic move is expected to immediately de-leverage RC's portfolio, generate mid-teen returns from deploying Broadmark's capital, and be accretive to earnings in 2024 through operational efficiencies.
Ready Capital Corporation Stockholders Approve Issuance of Common Stock in Merger with Broadmark Realty Capital Inc.
Ready Capital Corporation stockholders have approved the issuance of common stock for its merger with Broadmark Realty Capital Inc. The merger is expected to close on May 31, 2023, with Broadmark stockholders receiving 0.47233 shares of Ready Capital common stock for each share owned. This strategic move aims to combine the two real estate finance companies.
'We've seen this movie before,' says Waterfall Asset co-founder on trouble in commercial real estate
Tom Capasse, co-founder of Waterfall Asset Management, anticipates a wave of distress in the U.S. commercial real-estate market due to rising interest rates and tighter credit. Despite the challenges, his firm has closed a new $485 million Atlas Fund to invest in commercial real estate, distressed loans, and bonds. Capasse suggests that while the situation is concerning, it's a familiar scenario for experienced distressed property investors.
Small and mid-balance commercial property loans drive Ready Capital’s $276.8 million offering
Ready Capital is launching its seventh mortgage trust, offering $276.8 million in commercial mortgage-backed securities (CMBS) backed by 30 small- and mid-balance loans. The portfolio consists of seasoned collateral, with half of the loans originated before Q1 2020. The offering includes retail, industrial, office, and multifamily properties, with anticipated ratings ranging from 'AAA' to 'B-' by KBRA and 'Aaa' to 'A3' by Moody's.
Ready Capital Acquires Red Stone
Ready Capital Corp. has acquired Red Stone and its affiliates to expand its footprint in the affordable housing sector. The acquisition involved cash, stock, and the assumption of certain Red Stone guarantees, with Red Stone's management team joining Ready Capital. This move aims to boost Ready Capital's affordable housing business and benefit its shareholders by diversifying its portfolio into a sector with low correlation to its existing businesses.
Ready Capital Acquires Red Stone
Ready Capital Corp. (NYSE:RC) has acquired Red Stone, an affordable housing finance firm, and its affiliates. This acquisition is expected to diversify Ready Capital’s business and expand its presence in the affordable housing sector, with Red Stone's management team and employees joining Ready Capital. Red Stone, known for providing mortgage capital for tax-exempt and taxable bond-financed properties, has financed over $4.6 billion in mortgage debt and equity capital for affordable and mixed-income rental properties since 2002.
