OverviewSuggest Edit

Exantas Capital Corp. (formerly Resource Capital Corp.) is a commercial real estate specialty finance company which primarily focuses on the origination, holding, and management of commercial mortgage loans and other commercial real estate-related debt investments. It invests in commercial real estate-related assets, and residential real estate-related assets. The Company is also involved in the investment of commercial finance assets. It qualifies as a real estate investment trust (REIT) for federal income tax purposes.

TypePublic
Founded2005
HQNew York, US
Websiteexantas.com

Latest Updates

Revenue (FY, 2019)$61.2 M(+11%)
Share Price (Nov 2020)$3.7 (+14%)
Cybersecurity ratingBMore

Key People/Management at Exantas Capital

Andrew L. Farkas

Andrew L. Farkas

Chairman
Robert C. Lieber

Robert C. Lieber

Chief Executive Officer
Matthew J. Stern

Matthew J. Stern

President
David J. Bryant

David J. Bryant

Chief Financial Officer
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Exantas Capital Office Locations

Exantas Capital has offices in New York and Philadelphia
New York, US (HQ)
712 Fifth Avenue, 712 5th Ave 12th Floor
Philadelphia, US
1 Crescent Dr #203
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Exantas Capital Financials and Metrics

Exantas Capital Revenue

Exantas Capital's revenue was reported to be $61.15 m in FY, 2019
USD

Revenue (Q2, 2020)

14.7m

Net income (Q2, 2020)

(33.4m)

EBIT (Q2, 2020)

(33.4m)

Market capitalization (24-Nov-2020)

118.1m

Closing stock price (24-Nov-2020)

3.7

Cash (30-Jun-2020)

57.7m

EV

1.6b
Exantas Capital's current market capitalization is $118.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

94.2m123.7m91.0m99.4m102.0m62.7m43.7m55.3m61.2m

Revenue growth, %

9%3%24%

Cost of goods sold

2.7m8.0m14.1m5.4m6.0k

Gross profit

91.4m115.7m76.9m94.0m102.0m62.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

21.5m23.4m25.4m25.3m26.5m30.6m21.6m23.8m31.9m34.6m34.7m24.4m24.2m23.7m23.6m19.5m25.1m12.1m10.3m10.3m11.5m13.7m14.5m14.6m15.6m16.6m14.9m14.7m

Cost of goods sold

176.0k1.1m1.3m1.3m1.8m3.9m3.6m3.5m3.4m1.1m695.0k6.0k

Gross profit

21.3m22.4m24.0m24.0m24.7m26.6m18.0m20.3m28.5m33.5m34.0m24.4m24.2m23.7m23.6m19.5m25.1m

Gross profit Margin, %

99%95%95%95%93%87%83%85%89%97%98%100%100%100%100%100%100%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

43.1m85.3m262.3m79.9m78.8m116.0m181.5m82.8m80.0m

Accounts Receivable

25.6m6.8m40.9m17.9m6.4m

Prepaid Expenses

10.4m2.9m4.2m3.2m

Inventories

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

46.9m28.9m37.6m31.9m112.7m67.7m168.4m144.5m166.7m222.3m163.3m217.4m145.0m104.7m71.4m65.2m114.6m157.8m102.7m283.0m61.5m80.2m48.1m55.7m47.2m51.3m42.8m57.7m

Accounts Receivable

20.0k3.1m7.0k1.0k32.0m34.3m26.9m11.5m32.1m8.1m44.6m13.9m20.0k

Prepaid Expenses

6.5m8.5m3.8m6.1m5.0m4.2m4.2m4.5m4.3m3.9m5.0m2.8m5.1m4.6m

Total Assets

2.0b2.2b2.3b2.3b2.3b2.4b2.4b2.3b2.3b2.6b2.6b2.9b2.8b2.8b2.4b2.4b2.2b2.0b1.9b1.9b1.8b1.9b2.0b2.2b2.5b2.5b2.1b1.9b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

37.7m64.4m46.5m62.2m17.2m(30.6m)33.3m27.4m36.0m

Depreciation and Amortization

4.6m5.9m3.9m2.7m19.7m(16.5m)3.2m2.9m3.4m

Accounts Payable

15.4m7.6m(9.1m)(3.4m)2.3m447.0k750.0k52.0k(4.2m)

Cash From Operating Activities

33.0m41.0m68.4m(69.6m)70.0m41.8m220.8m48.2m43.3m
Quarterly
USDQ2, 2011

Financial Leverage

4.6 x
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Exantas Capital Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Exantas Capital Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Exantas Capital Online and Social Media Presence

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Exantas Capital News and Updates

Exantas Capital Corp. Reports Results For Three And Nine Months Ended September 30, 2020

WESTBURY, N.Y., Nov. 4, 2020 /PRNewswire/ -- Exantas Capital Corp. (NYSE: XAN) ("Exantas" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and other commercial real estate-related debt...

Exantas Capital Corp. Announces Pricing of a $297 Million CLO Backed by Commercial Mortgage Loans

NEW YORK, Sept. 8, 2020 /PRNewswire/ -- Exantas Capital Corp. (NYSE: XAN) (the "Company") announced that its newly formed subsidiaries, Exantas Capital Corp. 2020-RSO9, Ltd. (the "Issuer") and Exantas Capital Corp. 2020-RSO9, LLC (together with the Issuer, the "Co-Issuers"), will issue...

Exantas Capital Corp. Announces Acquisition of Management Contract from C-III Capital Partners by ACRES Capital Corp. and $375 Million Financing from MassMutual and Oaktree Capital Management

NEW YORK, Aug. 3, 2020 /PRNewswire/ -- Exantas Capital Corp. (NYSE: XAN) (the "Company" or "Exantas") announced today that ACRES Capital Corp. through its subsidiary, ACRES Capital, LLC (collectively, "ACRES"), has acquired the Company's Management Agreement from an affiliate of C-III...

Exantas Capital Corp. Reports Results For Three Months And Year Ended December 31, 2019

NEW YORK, March 3, 2020 /PRNewswire/ -- Exantas Capital Corp. (NYSE: XAN) ("XAN" or the "Company") reports results for the three months and year ended December 31, 2019. Significant Items and Highlights GAAP net income allocable to common shares was $0.12 per share-diluted for the three...

Exantas Capital Corp. Announces Pricing of a $522.6 Million CLO Backed by Commercial Mortgage Loans

NEW YORK, March 3, 2020 /PRNewswire/ -- Exantas Capital Corp. (NYSE: XAN) (the "Company") announced that its newly formed subsidiary, Exantas Capital Corp. 2020-RSO8, Ltd. (the "Issuer"), will issue $435.7 million of non-recourse, floating-rate notes ("Offered Notes," the "Securities" or...

Exantas Capital Corp. Reports Results For Three And Nine Months Ended September 30, 2019

NEW YORK, Oct. 30, 2019 /PRNewswire/ -- Exantas Capital Corp. (NYSE: XAN) ("XAN" or the "Company") reports results for the three and nine months ended September 30, 2019. Significant Items and Highlights GAAP net income allocable to common shares was $0.31 per share-diluted for the three...
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Exantas Capital Frequently Asked Questions

  • When was Exantas Capital founded?

    Exantas Capital was founded in 2005.

  • Who are Exantas Capital key executives?

    Exantas Capital's key executives are Andrew L. Farkas, Robert C. Lieber and Matthew J. Stern.

  • What is Exantas Capital revenue?

    Latest Exantas Capital annual revenue is $61.2 m.

  • Who are Exantas Capital competitors?

    Competitors of Exantas Capital include Eastern Union Funding, PGIM and Bank7.

  • Where is Exantas Capital headquarters?

    Exantas Capital headquarters is located at 712 Fifth Avenue, 712 5th Ave 12th Floor, New York.

  • Where are Exantas Capital offices?

    Exantas Capital has offices in New York and Philadelphia.

  • How many offices does Exantas Capital have?

    Exantas Capital has 2 offices.