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Ready Capital RC Impairment Of Real Estate

Impairment Of Real Estate at other companies

NEN
NENNEN
$100K
Sabra Healthcare logo
Sabra HealthcareSBRA
$440K
Net Lease Office Properties logo
Net Lease Office PropertiesNLOP
$0-100%
FrontView REIT logo
FrontView REITFVR
$812K+89.7%
Centerspace logo
CenterspaceCSR
$9.7M
Orion Office REIT logo
Orion Office REITONL
$6.3M+268%

Segments

By segment

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LMM Commercial Real Estate-$469K-120%
Small Business Lending$0

Other financials

Income statement

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Revenue$81.7M-47.3%
Net income-$200.1M-344%
EPS (diluted)-$1.25-372%

Balance sheet

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Cash & equivalents$241.2M-2.9%
Total debt$1.4B-37.8%
Total equity$1.3B-31.0%
Total assets$6.3B-36.7%

Cash flow

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Operating cash flow$590.2M+444%

Valuation

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Market cap$267.65M-65.8%
Enterprise value$1.39B-46.6%
P/S0.5×-0.5×

Profitability

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Net margin-101.4%-200pp

Returns & leverage

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Return on equity-30.7%-102pp
Debt / equity-0.1×

Where this comes from

Reported directly by Ready Capital in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfRealEstate.

The official record: Ready Capital’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ready Capital's impairment of real estate?
Ready Capital (RC) reported impairment of real estate of -$469K in Q1 2026.
How has Ready Capital's impairment of real estate changed year-over-year?
Ready Capital's impairment of real estate decreased by 120.0% year-over-year, from $2.35M to -$469K.
What is the long-term trend for Ready Capital's impairment of real estate?
Over 3 years (2022 to 2025), Ready Capital's impairment of real estate has grown at a 80.0% compound annual growth rate (CAGR), from $4.03M to $23.5M.
What does impairment of real estate mean?
Charges recognized when the carrying value of real estate assets held for sale or investment exceeds their fair value. This reflects a decline in the market value of underlying collateral or owned properties.