Ready Capital Corporation (RC)

9.66 -0.24 (-2.42%) At close: 04:00PM EDT

Ready Capital Corporation

1251 Avenue of the Americas
50th Floor
New York, NY 10020
United States
212 257 4600
https://www.readycapital.com

Sector(s): Real Estate
Industry: REIT - Mortgage
Full-time employees: 582

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Andrew Ahlborn CPA	CFO & Sec.	1.7M	N/A	1985
Mr. Gary T. Taylor	Chief Operating Officer	1.52M	N/A	1960
Mr. Adam Zausmer	Chief Credit Officer	1.7M	N/A	1979
Mr. Thomas Edward Capasse	Chairman, CEO & Chief Investment Officer	N/A	N/A	1957
Mr. Jack Jay Ross CPA	Pres & Director	N/A	N/A	1957
Mr. Brian Dunn	Director of Fin. Division	N/A	N/A	N/A
Mr. Alex Ovalle	MD & National Sales Mang.	N/A	N/A	N/A
Mr. Richard Katzenstein	MD & Head of Strategic Partnerships	N/A	N/A	N/A
David A. Cohen	MD & Co-Head of the National Bridge Lending Platform	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ready Capital Corporation operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment originates SBC loans across the full life-cycle of an SBC property, including construction, bridge, stabilized, and agency channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment originates residential mortgage loans. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

Corporate governance

Ready Capital Corporation’s ISS governance QualityScore as of 1 October 2023 is 7. The pillar scores are Audit: 7; Board: 8; Shareholder rights: 9; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.