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    Fixed Rate Lending

    OVERVIEW

    Ready Capital offers fixed rate permanent loans to $50 million for multifamily, office, retail mixed use, self-storage, industrial and select other property types. As a non-bank capital source, we bring speed to the commercial lending process and help borrowers capitalize on more opportunities.

    Ready Capital is one of the few non-bank commercial mortgage lenders providing financing nationwide. We are driven by our vision to provide customers with an unparalleled experience in small-balance commercial real estate financing. We leverage our team’s expertise to deliver flexible commercial lending solutions, quick closings and exceptional customer service.

    Check out our most recent transactions and client testimonials:

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    $1,050,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Conyers, GA
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    $3,322,500
    Rate/Term Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Lilburn, GA

    “The way you solved challenges was a breath of fresh air. I have not seen a lender in six years that showed the willingness to explore all of the options available…this was the best performance we have had with a lender in a long, long time. Thanks again.”

    - Warren
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    $5,200,000
    Cash-Out Refinance
    Fixed rate
    Office
    10 Year Term
    Glendale , CA
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    $4,500,000
    Cash-Out Refinance
    Fixed rate
    Retail
    5 Year Term
    Fairfax Station, VA
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    $5,587,500
    purchase
    Fixed rate
    Retail
    10 Year Term
    Tempe, AZ
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    $3,400,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Bronx, NY
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    $1,391,000
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Various, GA
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    $2,400,000
    Cash-Out Refinance
    Fixed rate
    Retail
    10 Year Term
    Riverdale, GA
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    $2,625,000
    Purchase
    Fixed rate
    Office
    10 Year Term
    Westerville, OH

    “The Ready Capital team was responsive throughout the loan process and they performed to our expectation. Inquiries were handled promptly and professionally from beginning to end. We anticipate a long and mutually beneficial relationship with Ready Capital going forward.”

    - Zaya
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    $9,445,000
    purchase
    Fixed rate
    Multifamily
    5 Year Term
    Midvale, UT
    $1,387,500
    purchase
    Fixed rate
    Mixed Use
    10 Year Term
    Chicago, IL
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    $750,000
    purchase
    Fixed rate
    Multifamily
    10 Year Term
    Lakewood, CO
    $1,080,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    5 Year Term
    Forest Park, GA
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    $4,250,000
    Cash-Out Refinance
    Fixed rate
    Office
    10 Year Term
    Glendale, CA
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    $7,000,000
    Cash-Out Refinance
    Fixed rate
    Self Storage
    12 Year Term
    Kent, WA
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    $1,965,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Various, OH
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    $4,500,000
    Rate/Term Refinance
    Fixed rate
    Office
    10 Year Term
    Chesapeake, VA
    $2,100,000
    Cash-Out Refinance
    Fixed rate
    Mixed Use
    5 Year Term
    Los Angeles , CA
    $1,750,000
    Rate/Term Refinance
    Fixed rate
    Retail
    10 Year Term
    Coral Gables, FL
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    $7,500,000
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Oklahoma City, OK
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    $1,687,500
    Rate/Term Refinance
    Fixed rate
    Retail
    10 Year Term
    Pflugerville, TX
    $900,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Greensboro, NC
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    $3,325,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    New Lenox, IL
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    $3,400,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Lawrenceville, GA
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    $2,065,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Kissimmee, FL
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    $4,575,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Live Oak , TX
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    $1,610,000
    Rate/Term Refinance
    Fixed rate
    Retail
    5 Year Term
    Yuma, AZ
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    $1,300,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Capitol Heights, MD
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    $1,700,000
    Cash-Out Refinance
    Fixed rate
    Industrial
    10 Year Term
    Pittsburg, CA
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    $1,080,000
    Cash-Out Refinance
    Fixed rate
    Mixed Use
    10 Year Term
    Clifton, NJ
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    $1,400,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Paterson, NJ
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    $15,000,000
    Rate/Term Refinance
    Fixed rate
    Fixed Rate
    10 Year Term
    San Antonio, TX
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    $2,650,000
    Purchase
    Fixed rate
    Office
    10 Year Term
    Grand Prairie, TX
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    $12,000,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Waxahachie, TX
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    $2,000,000
    Rate/Term Refinance
    Fixed rate
    Retail
    5 Year Term
    Evansville, IN
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    $6,200,000
    Purchase
    Fixed rate
    Retail
    2 Year Term
    Sacramento, CA
    CRITERIA

    PRODUCT OVERVIEW

    • $3MM – $50MM*
    • Flexible prepays including step-downs
    • Stabilized and near-stabilized properties
    • Custom structures
    • Major markets nationwide
    • Pricing starting in the 4%s
    • Acquisitions, refinance, recapitalization, cash out
    • 2 – 10 year terms (15 years on a case-by-case basis)
    • Up to 75% LTV
    • Minimum 1.25 DCR
    • Up to 30 year amortization for multi-family, 25 years for other asset types, IO on a case-by-case basis
    • Par to lender / YSP available
    • CMBS alternative
    • Non-recourse
    • Future funding, holdbacks and earn-outs
    • Light value add if cash flowing

    *Lower and higher loan amounts considered on a case-by-case basis

    Jeffrey Bottoms
    Irving, TX

    Jeffrey has more than 30 years of experience in commercial real estate lending, with expertise in term, agency, CMBS, bridge, construction and mezzanine loans.  Jeff is part of the Strategic Partners Team focused on our many correspondent relationships. Jeff spent 18 years at Principal Financial Group, as an Investment Director. Jeff was also a Regional Director at Washington Mutual, a Partner at Timarron Capital and NRF Capital, a Vice President at Hudson Americas and Due Diligence Associate at Beal Bank. Jeff earned a B.A. from the University of Iowa.

    Specialties:
    • Fixed rate
    • Bridge
    • CMBS
    • Multifamily
    Back
    See most recent transactions & client testimonials:
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    $2,000,000
    Rate/Term Refinance
    Fixed rate
    Retail
    5 Year Term
    Evansville, IN
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    $1,730,000
    Purchase
    Bridge
    Multifamily
    1 Year Term
    Bridgeport, CT
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    $3,900,000
    Cash-Out Refinance
    Fixed rate
    Retail
    10 Year Term
    Roswell, GA
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    $3,585,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Pryor, OK
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    $1,176,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Monroe, WA
    $1,180,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport, CT
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    $1,200,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport, CT
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    $1,100,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport , CT
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    $4,550,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Lithonia, GA
    $0



    Year Term
    ,
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    $4,500,000
    Cash-Out Refinance
    Fixed rate
    Retail
    5 Year Term
    Fairfax Station, VA
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    $2,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Orchard Park, NY
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    $2,000,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Salt Lake City, UT
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    $1,160,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Richmond, VA
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    $1,800,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Ashland, MA
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    $2,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Ennis, TX
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    $1,125,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Oberlin, OH
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    $1,260,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Dallas, TX
    $1,426,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Fort Worth, TX
    $1,880,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Baldwin, NY
    $1,080,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Washington, DC
    $2,200,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Cambridge, MA
    $3,650,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    5 Year Term
    Arlington, TX
    $1,045,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Cambridge, MA
    $1,400,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Joshua, TX
    $1,671,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Plantsville, CT
    $2,100,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Framingham, MA
    $2,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Washington, DC
    $1,345,000
    purchase
    Freddie SBL
    Mixed Use
    10 Year Term
    Richmond, VA
    NEWS
    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    Ready Capital Corporation Announces Securitization of $652.5 Million in Bridge Loans - 09/02/2021
    CRE CLO Securitization is the Company's Sixth Since Ready Capital’s Inception   NEW YORK, September 2, 2021, Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced the closing of a $652.5 million commercial mortgage collateralized loan obligation ("CRE CLO") wit ...
    Ready Capital Announces Acquisition of Red Stone - 08/03/2021
    Leading Real Estate Finance Company Expands Footprint in Multifamily Affordable Housing Sector NEW YORK, August 2, 2021 -- Ready Capital Corporation (NYSE: RC) ("Ready Capital"), a multi-strategy real estate finance company that originates, acquires, finances and services commercial loans, today ann ...
    Ready Capital Announces Strong Q1 Results for Freddie Mac Business - 05/10/2021
    Commercial Lender Builds on Outstanding 2020 Results Ready Capital announced strong results for its Freddie Mac Small Balance Loan (SBL) business during the first quarter, extending into 2021 the increased volume of deals seen by the company in 2020. During the first quarter of 2021, Ready Capital c ...
    Ready Capital National Bridge Team Closes Approximately $655 Million in 11 States in First Quarte... - 04/08/2021
    NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Ready Capital’s National Bridge Originations Team announces the closing of acquisition, refinance, renovation and redevelopment loans for approximately $657 million in 11 states between January 2021 and March 2021. In January, Ready Capital closed the fin ...
    Ready Capital Corporation Announces Securitization of $768 Million in Bridge Loans - 04/01/2021
     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 c ...
    San Francisco multi-housing lease up financed for $104M - 03/05/2021
    SAN FRANCISCO, March 2, 2021 – JLL Capital Markets announced today that it arranged the $104 million refinance of City Gardens, a recently developed multi-housing property located in San Francisco, California. JLL worked on behalf of the borrower, Panoramic Interests, to secure the three-year, float ...
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