SOURCE: Ready Capital Structured Finance

Ready Capital Structured Finance

September 21, 2016 16:15 ET

Ready Capital Structured Finance Continues to Expand

Announces Three Hires

NEW YORK, NY--(Marketwired - Sep 21, 2016) - Ready Capital Structured Finance, a nationwide commercial real estate bridge and mezzanine lender, today announced the addition of three new hires for the New York office: David Kwitman, Director - Originations, Alex Gursky, Senior Analyst - Originations; and Michael Garruto, Senior Associate - Underwriting.

"We are thrilled to expand our team by adding proven credit and originations lending professionals in the industry," said David Cohen, Managing Director & Head of Originations for Ready Capital Structured Finance. "Our nationwide lending channels and pipeline continues to expand, and I am excited to continue the team's progression to position us well to meet strategic growth objectives."

Since its inception last year, Ready Capital Structured Finance closed over $225 million in volume, with $300-$350 million slated in aggregate for closing through year-end.

Kwitman brings over a decade of lending experience to his new leadership role. Prior to joining Ready Capital Structured Finance, he served as the Vice President, Commercial Real Estate Lending for FirstKey Lending.

Gursky joins Ready Capital Structured Finance from The Rain Wine Real Estate Real Estate Group where he managed deals ranging in size from under $5 million to over $500 million including multifamily, office, retail, mixed use, industrial and hotel assets.

Garruto brings more than 10 years of experience to the Credit & Closing team, led by Managing Director, Dominick Scali. His previous experience includes Rialto Mortgage Finance, Bloomberg LP and S&P Global Ratings, where he specialized in bridge loans.

Ready Capital Structured Finance is also hiring a senior underwriter to support the growing pipeline. To view this and other open positions, visit: http://bit.ly/1Yoy3i7.

For more information, contact Managing Director, David Cohen, at dcohen@rclending.com or visit www.rclending.com/sf.

About Ready Capital Structured Finance
Ready Capital Structured Finance, headquartered in New York City, is a nationwide commercial real estate bridge and mezzanine lender offering non-recourse financing on transitional, value-add and event-driven commercial and multifamily real estate opportunities. Led by a veteran team of industry professionals, Ready Capital Structured Finance is a division of a subsidiary of Sutherland Asset Management Corporation, a full-service real estate finance company managed by Waterfall Asset Management. Sutherland, a commercial mortgage REIT, is a real estate finance company that acquires, originates, manages and finances commercial real estate loans and real estate-related securities.

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