ReadyCap Opens New Offices in Top 20 Markets

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IRVING, TX – April 27, 2016 – ReadyCap Commercial, LLC (ReadyCap), a non-bank commercial real estate lender offering financing up to $10 million nationwide, today announced the opening of offices in Florida and Colorado, five new hires and two new loan officers to serve the steadily growing financial organization.
ReadyCap continues to strategically expand its business and reach, adding 13 locations in just over two years, better serving relationships with commercial brokers, intermediaries and partners like Freddie Mac.

The addition of a Florida and Denver office supports the company’s business growth initiatives and places ReadyCap in two more top 20 markets in the US.

ReadyCap Welcomes:

Joseph Ganley, V.P. Loan Officer (Florida).  Joe brings nearly 30 years of experience of commercial lending to ReadyCap where he will head up the commercial, multifamily and bridge originations in the Florida markets. As a Florida native, Joe beings a thorough knowledge of real estate market and trends as well as credibility among colleagues in the industry for ReadyCap’s newest office, opening this week.

Four analyst coordinators joining the ReadyCap team in Dallas:
• Preston Watson, a finance graduate from Oklahoma State University
• Wilson Vier, a finance graduate from A&M University
• Kyle Sikorski, a rising senior from A&M University
• Cade Gilbert, a rising senior from The University of Oklahoma

ReadyCap Loan Officer & Affinity Relationship Manager, Internal Transitions:

Matt Pagan, V.P. Loan Officer (Denver).  Matt currently serves as a Production Analyst for ReadyCap and will relocate to Colorado to open the Denver office on or around July 1, 2016.  Prior to ReadyCap Matt worked for First Security Bank and has nearly 10 years of commercial lending experience.

Eli Smith, Affinity Relationship Manager (Dallas).   Eli has been with ReadyCap nearly 14 months and brings more than 13 years of experience to the team. He is in the process of transitioning into a Relationship Manager role in which he will facilitate and originate loans from affinity correspondent agreements and relationships. Prior to ReadyCap Eli worked with WaMu and Chase Bank. Eli will continue to serve from the headquarters in Dallas, Texas.

ReadyCap continues to hire across the country; current openings include a Credit Officer, Collateral Risk Officer, Sales Assistant, Closing Review Specialist/Legal Assistance, Loan Closing Specialist and Loan Officers.  Submit your credentials or share with colleagues and view the opportunities here: http://readycapcommercial.theresumator.com/apply

About Ready Capital Commercial
ReadyCap Commercial (www.readycapcommercial.com), headquartered in Irving, TX, 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 Dallas, TX; Chicago, IL; Miami, FL; Denver, CO; Charlotte, NC; Austin, TX; Atlanta, GA; Washington, D.C.; and New York City, NY. 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.
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