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0 0.0248447204968944 0.0248447204968944 -0.0186335403726708 -0.0186335403726708 -0.0186335403726708 -0.031055900621118 -0.0403726708074534
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Waterfall Asset Management Originates $19.5 Million Loan to Support Acquisition of Greenwich Village Retail Property [Yahoo! Finance]

Ready Capital Corporation (RC) 
Last ready capital corporation earnings: 3/11 04:39 pm Check Earnings Report
Company Research Source: Yahoo! Finance
opportunities within asset-backed credit, whole loans, and real assets, announced that its clients, managed as part of its commercial real estate lending platform, have originated a $19.5 million loan to finance Acram Group's acquisition of a 30,000-square-foot blockfront retail condominium property located at 156–168 Bleecker Street in Manhattan's Greenwich Village. Waterfall worked directly with Acram Group to source, structure and originate the financing, further strengthening the firm's ongoing relationship with the borrower. "This investment is a reflection of the strong relationship we've built with Acram Group and its principals, a commitment we bring to all of our borrower partnerships," said Steven Shafer, Director on Waterfall's Contract Finance team. "We have great confidence in Acram's ability to execute its business plan, and we're proud to support its continued growth by providing a flexible and tailored capital solution." The property, in one of Manhattan's most s Show less Read more
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