Ready Capital LMM Commercial Real Estate — Loan Portfolio Expense increased by 309.7% to $14.57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.3%, from $15.06M to $14.57M. Over 4 years (FY 2021 to FY 2025), LMM Commercial Real Estate — Loan Portfolio Expense shows an upward trend with a 17.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher expenses relative to portfolio size may indicate operational inefficiencies or increased complexity in loan servicing.
This metric tracks the direct costs associated with maintaining and servicing the commercial real estate loan portfolio....
Specific to lenders; peers often include this in 'Loan servicing expense' or 'Operating expenses'.
rc_segment_lmm_commercial_real_estate_loan_portfolio_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.92M | $4.92M | $4.92M | $7.53M | $7.53M | $7.53M | $7.53M | $8.06M | $10.75M | $12.20M | $9.06M | $12.55M | $10.90M | $9.63M | $11.59M | $15.06M | $11.01M | $8.08M | $3.56M | $14.57M |
| QoQ Change | — | +0.0% | +0.0% | +53.0% | +0.0% | +0.0% | +0.0% | +7.1% | +33.4% | +13.6% | -25.7% | +38.5% | -13.2% | -11.6% | +20.3% | +30.0% | -26.9% | -26.6% | -56.0% | +309.7% |
| YoY Change | — | — | — | — | +53.0% | +53.0% | +53.0% | +7.1% | +42.8% | +62.1% | +20.4% | +55.7% | +1.4% | -21.1% | +27.9% | +20.1% | +1.1% | -16.1% | -69.3% | -3.3% |