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Ready Capital Completes Acquisition of UDF IV

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Ready Capital Completes Acquisition of UDF IV

Ready Capital ( (RC) ) has shared an update.

On March 13, 2025, Ready Capital Corporation announced the completion of its acquisition of United Development Funding IV (UDF IV), following an agreement dated November 29, 2024. The merger, which involves the conversion of UDF IV shares into Ready Capital shares and contingent value rights (CVRs), aims to scale Ready Capital’s portfolio and expand its core business. The CVR Agreement allows CVR holders to receive additional Ready Capital shares based on cash proceeds from a specific loan portfolio. This strategic move is expected to unlock growth and value creation opportunities, although it also poses risks related to loan performance and integration challenges.

More about Ready Capital

Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market investor and owner-occupied commercial real estate loans. The company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge loans, as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, the company employs approximately 350 professionals nationwide.

YTD Price Performance: -26.31%

Average Trading Volume: 2,669,854

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $817.4M

For a thorough assessment of RC stock, go to TipRanks’ Stock Analysis page.

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