Discontinued — last reported Q3 '24
Ready Capital LMM Commercial Real Estate — Total Assets decreased by 6.1% to $8.95B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 15.5%, from $10.60B to $8.95B. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in total assets generally signals expansion of the lending or investment platform, while a decline may signal deleveraging or asset liquidation.
This metric represents the aggregate book value of all assets attributed to the LMM Commercial Real Estate segment at th...
Comparable to total segment assets reported by diversified financial services and real estate firms.
rc_segment_lmm_commercial_real_estate_total_assets| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $7.11B | $10.20B | $10.18B | $10.97B | $10.60B | $10.28B | $9.91B | $9.53B | $8.95B |
| QoQ Change | — | +43.5% | -0.1% | +7.7% | -3.4% | -3.0% | -3.7% | -3.8% | -6.1% |
| YoY Change | — | +43.5% | — | — | — | +0.8% | -2.7% | -13.1% | -15.5% |