David Cohen
Managing Director
Ready Capital Corporation

David A. Cohen is a Managing Director at Ready Capital Corporation, and serves in such capacity as the Chief Production Officer and Co-Head of the Ready Capital Bridge Lending Division. Prior to joining Ready Capital, David held positions as a Managing Director and National Production Manager (Head of Originations) at Doral Property Finance, a Regional Director at GE Real Estate, a Managing Director at CIBC World Markets Commercial Real Estate Finance Group, a First Vice President at Paine Webber Real Estate Securities, and as a Managing Director at Furman Selz LLC. David began his career as an attorney at the national law firm of Kelley Drye & Warren. David earned a B.A. from SUNY-Albany, and his graduate degrees with a M.B.A. from Syracuse University School of Management and a J.D. from Syracuse University College of Law.  He had also attended New York University’s Masters of Laws (L.L.M.) program.
The Ready Capital real estate debt platform under our corporate entity is a senior bridge and subordinate debt lending platform, headquartered in NYC, which offers Non-Recourse floating rate, fixed rate and hybrid rate (floating/fixed rate combined structure) financing on transitional, value-add and event-driven commercial and multifamily real estate properties throughout the US. Senior loan amounts range from $3.5MM to $35MM (and larger than $35MM for select assets and portfolios), with terms of up to 5 years, interest-only, and advances of up to 80% (and higher) of cost, for non-cash flowing and cash flowing properties, with flexible prepayment schedules and customized structuring. Most transactions involve properties that require renovation, have minimal or no occupancy, are an adaptive re-use or involve large tenant roll-over, as well as note-on-note financing (one-off or small pools for Non-performing and performing) financing opportunities. We also have the capability to provide a long-term financing once the property is stabilized.

The Ready Capital Bridge Lending Division is part of a multi-faceted lending platform of Ready Capital Corporation (NYSE “RC,”, a full-service real estate finance company externally managed by Waterfall Asset Management, LLC ( Ready Capital Corporation, 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.