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Ready Capital Expands Small Deal Lending With Purchase of Owens Realty Mortgage

$200 Million of Additional Capital Raised to Support Targeted Growth
CoStar News
November 8, 2018 | 5:58 P.M.

Ready Capital Corp., an originator and servicer of commercial property loans, agreed to acquire specialty finance real estate investment trust Owens Realty Mortgage Inc. in a stock-for-stock merger in a deal valued at about $183 million to expand its capacity for small deal lending.

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