IRVING, TEXAS – March 31, 2016 – ReadyCap Commercial, LLC (ReadyCap), a nonbank commercial real estate lender offering financing up to $10 million nationwide, today announced its sponsorship of the Mortgage Bankers Association’s (MBA) first-ever Small Balance Lending (SBL) Summit taking place in Chicago this June 22-23 at the Loews Chicago O’Hare Hotel. ReadyCap entered the small balance scene just a few years ago, originating its first loan in 2013. Today, the capital lender encompasses everything small balance offering commercial, multifamily, and bridge loans and is one of the leading Freddie Mac SBL originators in the country.
Jim Going, ReadyCap’s CEO, invites the industry to connect and network at the opening reception hosted by the Gold Sponsor.
“MBA is where the CRE market meets,” said Going. “We are excited to be a part of this premier SBL event, supporting the association, and we anticipate another productive conference with our partners, colleagues and brokers in attendance.”
The MBA’s robust agenda includes plenty of opportunities like the opening reception for attendees to network with one another, meet with clients, interact with market analysts and experts and learn about new solutions from technology and other service providers.
Register for the MBA Small Balance Lending Summit today to learn more about the rapidly evolving Small Balance Lending market and meet ReadyCap at the opening reception .
About Ready Capital Commercial
ReadyCap Commercial (www.readycapcommercial.com), headquartered in Irving, Texas, is a non-bank, direct portfolio lender offering financing for small-balance commercial investment, multifamily, and bridge loan programs nationwide. ReadyCap and its affiliates have offices in Irvine, California; Dallas, Texas; Chicago, Illinois; Charlotte, North Carolina; Austin, Texas; Atlanta, Georgia; Washington, D.C.; and New York City, New York. Available financing ranges from $750,000 to $10 million. Founded in 2012, ReadyCap is a wholly owned indirect subsidiary of Sutherland Partners, L.P., the general partner of which is Sutherland Asset Management Corporation (“Sutherland”). Sutherland, a REIT, is a real estate finance company that acquires, originates, manages and finances commercial real estate loans, and to a lesser extent, asset-backed securities where the underlying pool of assets consists primarily of commercial real estate loans and other real estate-related investments.