Michigan’s Ready Capital Corporation expands Advisory Desk to facilitate Commercial Bridge and Specialty Lending nationwide

BIRMINGHAM, Mich., July 25, 2017 (GLOBE NEWSWIRE) -- Ready Capital Corporation, Michigan’s leading commercial bridge loan and workout lender, has hired industry veteran Jake Olsman to expand its advisory desk and manage its national market growth. Jake will now be a Director at Ready Capital after being a Vice President at Bloomfield Capital, commercial brokerage and valuation specialist at Friedman Real Estate Group, HVS, and Jones Lang Lasalle.

Ready Capital is a direct lender that is known for its timely execution of bridge mortgages and bridge capital to businesses throughout the Midwest.

“We are very proud of what we have accomplished with our Capital Markets Advisory Desk,” said Ready Capital Corporation President Mark Backonen. “Our core business is providing the industry’s quickest and simplest Specialty Commercial Mortgage Products. However, our Advisory Desk has helped clients find solutions for refinancing hotels in Canada, financing farms in Indiana, raising equity in Ann Arbor, buying non-performing notes in Grand Rapids and buying and selling real estate all over. Jake will be a great addition and will bring great value to all of our clients.”

Ready Capital works directly with CPA’s, Attorneys, Workout and Turnaround Firms, Bankers, and Real Estate and Finance professionals to provide timely capital to their clients.