US real estate finance firms Ready Capital and Broadmark Realty Capital to merge
Ready Capital Corporation, a real estate finance firm, and Broadmark Realty Capital, a specialty real estate finance company, have agreed to merge their businesses in an all-stock transaction. The proposed merger is expected to result in the fourth-largest commercial mortgage real estate investment trust (REIT) with a capital base of $2.8 billion. Post-merger, the combined […]