Ready Capital Corporation 5.75% (RCC)
Ready Capital Corporation 5.75% operates in the REIT - Industrial industry of the Real Estate sector, headquartered in New York City, MD, US. The stock last traded at $25.04, up 0.04% on the session, giving a market capitalisation of $4.06B. On trailing twelve-month figures it carries a trailing P/E of -7.24, a net margin of 120.8%. Its beta of 0.36 implies it has historically moved less than the broad market.
Ready Capital Corporation (RCC) functions as a real estate finance enterprise, primarily engaged in the acquisition, management, and funding of small balance commercial (SBC) loans. Its operations are structured into three distinct divisions: SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. The SBC Lending and Acquisitions division, managed by its subsidiary ReadyCap Commercial, LLC, handles SBC loans across the full spectrum of a property's lifecycle, including origination channels for construction, bridge, stabilized, and agency loans. Through its wholly-owned subsidiary, ReadyCap Lending, LLC, the Small Business Lending segment is responsible for sourcing, originating, and servicing owner-occupied loans guaranteed by the Small Business Administration (SBA) under its Section 7(a) Program. The Residential Mortgage Banking segment, operating via its subsidiary GMFS, LLC, specializes in originating residential mortgage loans. Established in November 2011, the company maintains its corporate headquarters in New York, NY.
Ready Capital Corporation 5.75% is most often compared with the following Real Estate names: