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  "docId": "019de517-e352-747b-9762-0a74ae0959a2",
  "docSlug": "feb24b9f7493f30af4978892ea7da362",
  "documentTitle": "Ready Capital | Investor Presentation Deck | 44 slides",
  "authorId": "ready-capital",
  "authorName": "Ready Capital",
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  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-01-01 00:00:00",
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  "pageNumber": 43,
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  "nDataPoints": 18,
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  "slideHref": "/slides/019de517-e352-747b-9762-0a74ae0959a2/43",
  "deckHref": "/decks/019de517-e352-747b-9762-0a74ae0959a2",
  "deckJsonHref": "/decks/019de517-e352-747b-9762-0a74ae0959a2.json",
  "deckAnchorHref": "/decks/019de517-e352-747b-9762-0a74ae0959a2#slide-43",
  "components": [
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      "kind": "source-note",
      "text": "Note: As of September 30, 2023; totals may not sum due to rounding\n1 Excludes $240M of securitized debt obligations that receive sequential cash flows when available but do not have a stated coupon",
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      "kind": "table",
      "text": "First mortgage loans $306.9 Consists of first lien Bridge, Construction and guaranteed loans BRMK Lending, LLC $222.8 11.1% Ready Capital Subsidiary REIT II, LLC 84.1 Subordinated mortgage loans 75.2 Consists of second lien Bridge, Construction and guaranteed loans MREC Good Asset, LLC 63.8 15.0% BRMK Lending, LLC 11.5 REO 168.8 Purchased real estate and real estate acquired in full or partial settlement of loan obligations MREC Good Asset, LLC 58.4 BRMK Management, Corp 98.2 BRMK Lending, LLC 12.2 Retained securitized funding 377.2 Securitized debt obligations Ready Capital Mortgage Depositor VIII, LLC 133.9 Ready Capital Mortgage Depositor VII, LLC 56.4 12.2%1 Ready Capital Mortgage Depositor IX, LLC 99.0 Ready Capital Mortgage Depositor FL12, LLC 88.0 VIE equity 49.0 Residual equity tranche of securitized debt obligations Ready Capital Subsidiary REIT II, LLC 49.0 Preferred equity 0.4 Preferred equity MREC BPPE Holdings, LLC 0.4 12.0% Unencumbered assets at select Ready Capital entities $977.6 $977.6",
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      "kind": "title",
      "text": "Unencumbered Assets at Select Ready Capital Entities",
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      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "683999a5-646d-4eda-a9d3-65d5179730d7",
      "evidence": "The deck uses a golden circle structure to present the company's why, how, and what.",
      "position": 0,
      "objective": "Why Ready Capital is a good investment opportunity",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
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