Bridge Financing
Ready Capital provides short-term, non-recourse bridge and mezzanine loans nationwide on transitional, value-add and event-driven commercial and multifamily real estate. We lend up to $75 million (larger for select assets and portfolios) for middle-market and institutional commercial real estate sponsors, and larger on a case-by-case basis.
We provide floating and fixed rate terms to five years for multifamily, office, retail, industrial, mixed-use, self-storage, student housing, hospitality, residential and commercial condo, and specialty use properties. We consider the full range of value add strategies and deliver structured finance solutions backed by experienced bridge lending professionals.
Check out our most recent transactions and client testimonials:

Bridge
Fractured Condominium
Year Term
Melbourne, FL

Bridge
Office
3 Year Term
Greenwood, IN

Bridge
Mixed Use
4 Year Term
Charlotte, NC

Bridge
Retail
3 Year Term
Santa Monica, CA

Bridge
Multifamily
3 Year Term
Los Angeles, CA

Fixed rate
Retail
2 Year Term
Sacramento, CA

Bridge
Retail
5 Year Term
Jacksonville, FL

Bridge
Various Property Types - Portfolio
3 Year Term
Los Angeles, CA

Bridge
Multifamily
3 Year Term
Houston, TX

Fixed rate
Student Housing
3 Year Term
Normal & Champaign, IL

Bridge
Multifamily
5 Year Term
West Valley City , UT

Fixed rate
Mixed Use
7 Year Term
Costa Mesa, CA

Bridge
Retail
3 Year Term
Miami, FL

Bridge
Multifamily
3 Year Term
San Antonio , TX

Bridge
Multifamily
3 Year Term
San Antonio, TX

Bridge
Retail
3 Year Term
Miami (Wynwood), FL

Bridge
Multifamily
3 Year Term
Houston , TX

Bridge
Multifamily
3 Year Term
Portland , OR

Bridge
Multifamily
3 Year Term
Freeport, TX

Bridge
Multifamily
2 Year Term
Houston, TX

Bridge
Retail
3 Year Term
Miami, FL

Bridge
Office
3 Year Term
Charlotte, NC

Bridge
Retail
3 Year Term
Charlotte, NC

Bridge
Multifamily
2 years Year Term
Tampa, FL

Bridge
Industrial
3 Year Term
Charlotte, NC

Bridge
Office
3 Year Term
Chicago, IL

Bridge
Mixed Use
3 Year Term
Los Angeles , CA

Bridge
Multifamily
3 Year Term
San Antonio , TX

Bridge
Multifamily
3 Year Term
San Antonio , TX

Bridge
Mixed Use
3 Year Term
Denver, CO
Bridge
Retail
2 Year Term
Los Angeles, CA

Bridge
Multifamily
3 Year Term
New York, NY

Bridge
Office
3 Year Term
Chicago, IL
Bridge
Multifamily
2 Year Term
Philadelphia, PA

Bridge
Multifamily
Year Term
San Antonio, TX

Bridge
Multifamily
Year Term
Austin, TX

Bridge
Multifamily
Year Term
Balcones Heights, TX

Bridge
Multifamily
Year Term
Glendale, AZ

Bridge
Industrial
Year Term
Garfield, NJ

Bridge
Multifamily
Year Term
Olathe, KS

Bridge
Multifamily
Year Term
Shaker Heights, OH

Bridge
Industrial
Year Term
Avon, MA
Bridge
Industrial
Year Term
Philadelphia, PA

Bridge
Industrial
Year Term
Greenville, SC

Bridge
Multifamily
Year Term
Jeffersontown, KY

Bridge
Multifamily
Year Term
Jeffersontown, KY

Bridge
Multifamily
Year Term
Jeffersontown, KY

Bridge
Industrial
Year Term
Miamisburg, OH

Bridge
Multifamily
Year Term
Jacksonville, FL

Bridge
Industrial
Year Term
Jacksonville, FL

Bridge
Multifamily
Year Term
Los Angeles, CA

Bridge
Multifamily
Year Term
Dallas, TX

Bridge
Multifamily
Year Term
Culver City, CA

Bridge
Multifamily
Year Term
Fairfield, OH

Bridge
Multifamily
Year Term
Hamilton, OH

Bridge
Multifamily
Year Term
Austin, TX

Bridge
Multifamily
Year Term
Brewster, MA

Bridge
Multifamily
Year Term
Dallas, TX

Bridge
Industrial
Year Term
Fort Worth, TX

Bridge
Multifamily
Year Term
Tallahassee, FL

Bridge
Multifamily
Year Term
Des Plaines, IL

Bridge
Multifamily
Year Term
Tucson, AZ
PRODUCT OVERVIEW
- Transitional, value-add and event-driven real estate opportunities
- Highly structured loan solutions
- Financing customized to borrower business plan
- Loan size: up to 80% of project cost, 85% senior stretch deal specific
- Term: floating rate up to five years including extensions
- Prepayment: minimum interest
- Future Funding: Capex, TI/LC, earnouts, interest and operating reserves
- Fixed and fixed/floating hybrid loan solutions
Contact a Production Officer or a member of our production team for more information for your area or market. All of our Production Officers have the ability to lend nationwide. If you need further information, please contact bridgecre@readycapital.com.
Ready Capital Corporation Announces Securitization of $768 Million in Bridge Loans
CRE CLO Securitization is the Company’s Largest Since 2005 Inception
NEW YORK, April 1, 2021 — Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) announced the closing of a $629 million commercial mortgage collateralized loan obligation (“CRE CLO”) with the limited right to acquire all or part of $139 million in future funding participation interests. Moody’s Investors Service, Inc. (“Moody’s”) and Kroll Bond Rating Agency, LLC (“KBRA”) assigned a “Aaa(sf)” and “AAA(sf)” rating, respectively to the senior most certificates, with KBRA providing ratings to the remaining classes of the transaction. With the closing of this CRE CLO, Ready Capital Mortgage Financing 2021-FL5, LLC (“RCMF 2021-FL5”), the Company has issued five CRE CLOs backed by $1.8 billion of collateral UPB.
RCMF 2021-FL5 consists of 58 mortgage loans secured by 65 properties across the United States. Approximately 74% of the loan balance in the portfolio represents loans that were originated after the onset of the pandemic in March 2020, with the remaining balance attributable to loans originated prior to that. The portfolio includes mortgage loans primarily secured by multifamily and office properties across 16 states.
“The Ready Capital team has had great momentum at the start of this year closing over $650 million in bridge loans during the first quarter,” said Anuj Gupta, President of Commercial Real Estate Lending at Ready Capital. “We were fortunate to re-emerge quickly with strength out of the pandemic, bringing multi-product financing solutions to our clients”
The CRE CLO was arranged by a bank syndicate including J.P. Morgan as sole structuring agent and Deutsche Bank as co-lead manager with Piper Sandler as the co-manager.
About Ready Capital Corporation
Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services small to medium balance commercial loans. Ready Capital specializes in loans backed by commercial real estate, including agency multifamily, investor and bridge as well as SBA 7(a) business loans. Headquartered in New York, New York, Ready Capital employs over 500 lending professionals nationwide. The company is externally managed and advised by Waterfall Asset Management, LLC.
Contact
Investor Relations
Ready Capital Corporation
212-257-4666
InvestorRelations@readycapital.com
SOURCE Ready Capital Corporation
Ready Capital National Bridge Lending Team highlights key real estate deals closed in the 1st quarter of 2022.
Ready Capital Bridge Lending:
Featured Deal Highlights (Q1 2022)
Download the latest Ready Capital National Bridge Lending Team deal summary sheet below:
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