Waterfall Asset Management Provides $127 Million Refinancing for Chesterbrook Office Campus [Yahoo! Finance]
Ready Capital Corporation (RC)
Last ready capital corporation earnings: 3/11 04:39 pm
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Source: Yahoo! Finance
opportunities within asset-backed credit, whole loans, and real assets, announced that its commercial real estate lending platform has closed, on behalf of its funds, a $127 million refinancing of Chesterbrook Campus. The property is a 1.1 million-square-foot, 14-building Class A office campus located in the King of Prussia/Wayne submarket within the greater Philadelphia region. Waterfall worked with Rubenstein Partners ("Rubenstein"), a vertically integrated real estate investment adviser focused on value-added office property investments, to provide a flexible financing structure designed to support its business plan for the campus. The loan includes initial proceeds as well as future funding to support leasing activity and capital improvements at the property. The opportunity was sourced by Ready Capital, a multi-strategy real estate finance company that originates, acquires, finances, and services small- to medium-sized balance commercial loans. "Chesterbrook is emblematic o
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News
- Waterfall Asset Management Provides $127 Million Refinancing for Chesterbrook Office CampusPR Newswire
- Ready Capital declares $0.01 dividend [Seeking Alpha]Seeking Alpha
- Ready Capital Corporation Declares First Quarter 2026 DividendsGlobeNewswire
- Ready Capital (RC) had its price target lowered by Piper Sandler from $2.50 to $2.00. They now have a "neutral" rating on the stock.MarketBeat
- Ready Capital Q4 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
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Earnings
- 2/26/26 - Miss
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- 3/17/26 - Form 4
- 3/17/26 - Form 3
- 3/17/26 - Form 4
- RC's page on the SEC website