Ready Capital
(Waterfall Asset Management, ReadyCap Commercial, ReadyCap Lending, Ready Capital Structured Finance)
Lender
Private Equity
1251 Avenue of the Americas, 50th Floor. New York, NY 10020
People:
Ready Capital portfolio
$8.6 million – retail 82%, condo 17%; Manhattan 100%, Bronx 0%
2872th largest portfolio by dollar value
28,139 sqft – retail 93%, condo 6%;
3666th largest by SF
2 properties – Manhattan 100%, Bronx 0%
155th largest
4 foreclosures, 2 bankruptcies, 1 other court case.
Notes
Website: ” Ready Capital is a multi-strategy real estate finance company that originates, acquires, finances, and services small- to medium-sized balance commercial loans. Waterfall Asset Management is Ready Capital’s external manager.”
Company Activity past 24 months:
Buyer company: 1 for $4 million
Seller company: 0 for $0
Borrower company: 0 for $0
Lender company: 4 for $89.9 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Normandy Real Estate Partners (2), Fereidoon Behin (2), KPG Funds (2), Euripides Reynoso (1), Salt Equities (1), CenterSquare Investment Management (1), RCG Longview (1), 60 Guilders (1), Alberto Smcke Saba (1), Son Dinh Tran (1)
Top Ten Associated People:
Fereidoon Behin (2), Gregory Kraut (2), Euripides Reynoso (1), Eric Rubin (1), Son Dinh Tran (1), Samuel Kooris (1), Gregory Weingart (1), Elichai Pariente (1), Sam Kooris (1), Joshua Landau (1)
Latest Stories:
• Lender Ready Capital acquires Little Italy retail, office through foreclosure (October 22, 2024)
• Sherr Equities acquires Mt. Eden retail through foreclosure with $8.6M value (April 05, 2024)
• RYCO Capital signs $78.7M refi for nine properties in Manhattan (March 21, 2024)
• Fereidoon Behin signs $8.6M refi for four properties in Ridgewood (January 23, 2024)
• Shink Co. pays $10.5M to JAM Real Estate for residential walkup in Yorkville (December 08, 2023)
• Son Dinh Tran pays $36.5M to Cammeby’s for 54-unit rental in Midtown West (September 19, 2023)
Litigation: