Ready Capital reported a $232 million loss in its most recent earnings amid a massive restructuring of its commercial real estate loan book.  Since last year, the firm’s stock has fallen over 60 percent from over $5 to under $2 and has slashed its dividend to $0.01. As part of its restructuring it is seeking to sell about $1.5 billion of loans to free up $250 million, company executives said on the earnings call. Its net loss of $232 million was still an improvement from its $314 million in the fourth quarter of 2024.   Ready Capital was once a key […]

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