Discontinued — last reported Q1 '26

Business Segments · Income on unconsolidated joint ventures

LMM Commercial Real Estate — Income on unconsolidated joint ventures

Ready Capital LMM Commercial Real Estate — Income on unconsolidated joint ventures decreased by 72.3% to $2.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 151.3%, from -$4.01M to $2.05M. Over 2 years (FY 2021 to FY 2023), LMM Commercial Real Estate — Income on unconsolidated joint ventures shows a downward trend with a -63.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026May 8, 2026

How to read this metric

Positive income indicates successful performance of partner-managed assets, while losses suggest underperformance or market headwinds in those specific ventures.

Detailed definition

This metric represents the company's proportional share of earnings or losses from investments in joint ventures that ar...

Peer comparison

Comparable to equity in earnings of unconsolidated affiliates reported by real estate investment firms.

Metric ID: rc_segment_lmm_commercial_real_estate_income_on_unconsolidated_joint_ventures

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$1.73M$1.73M$1.73M$2.92M$2.92M$2.92M$2.92M$656.00K$33.00K$56.00K-$1.65M$468.00K$1.14M$3.20M-$4.01M-$155.00K$7.41M$2.05M
QoQ Change+0.0%+0.0%+68.6%+0.0%+0.0%+0.0%-77.5%-95.0%+69.7%<-999%+128.4%+143.4%+181.3%-225.0%+96.1%>999%-72.3%
YoY Change+68.6%+68.6%+68.6%-77.5%-98.9%-98.1%-156.6%-28.7%>999%>999%-955.8%-113.6%+131.3%+151.3%
Range-$4.01M$7.41M
CAGR+4.1%
Avg YoY Growth+566.6%
Median YoY Growth+20.0%

Frequently Asked Questions

What is Ready Capital's lmm commercial real estate — income on unconsolidated joint ventures?
Ready Capital (RC) reported lmm commercial real estate — income on unconsolidated joint ventures of $2.05M in Q1 2026.
How has Ready Capital's lmm commercial real estate — income on unconsolidated joint ventures changed year-over-year?
Ready Capital's lmm commercial real estate — income on unconsolidated joint ventures increased by 151.3% year-over-year, from -$4.01M to $2.05M.
What is the long-term trend for Ready Capital's lmm commercial real estate — income on unconsolidated joint ventures?
Over 2 years (2021 to 2023), Ready Capital's lmm commercial real estate — income on unconsolidated joint ventures has grown at a -63.8% compound annual growth rate (CAGR), from $6.92M to -$905.00K.
What does lmm commercial real estate — income on unconsolidated joint ventures mean?
The company's share of profits or losses from its non-consolidated joint venture investments.