Resource Capital

Resource Capital Corp. is a commercial real estate specialty finance company that qualifies as a real estate investment trust, or REIT, for federal income tax purposes. RCC’s investment strategy focuses on commercial real estate-related assets and, to a lesser extent, higher-yielding commercial finance assets. RCC invests in the following asset classes: commercial real estate-related assets such as whole loans, A-notes, B-notes, mezzanine loans and mortgage-related securities and commercial finance assets such as other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralized debt obligations and private equity investments principally issued by financial institutions.

Type
Public
HQ
New York, US
Size (employees)
704 (est)
Resource Capital is headquartered in New York, US

Key People/Management at Resource Capital

Alan F. Feldman

Alan F. Feldman

Senior Vice President-Real Estate Investments
Jeffrey F. Brotman

Jeffrey F. Brotman

Non-Executive Directors
Crit DeMent

Crit DeMent

Senior Vice President-Equipment Leasing
Jeffrey D. Blomstrom

Jeffrey D. Blomstrom

Senior Vice Presiden
Thomas C. Elliott

Thomas C. Elliott

Senior Vice President-Finance and Operations
Kyle Geoghegan

Kyle Geoghegan

Senior Vice President – Loan Originations

Resource Capital Office Locations

Resource Capital has an office in New York
New York, US (HQ)
712 Fifth Avenue

Resource Capital Financials and Metrics

Resource Capital Financials

Resource Capital's revenue was reported to be $126.6 m in FY, 2016
USD

Revenue (Q2, 2017)

33 m

Net income (Q2, 2017)

8.4 m

EBIT (Q2, 2017)

9.3 m

Market capitalization (13-Nov-2017)

297.8 m

Cash (30-Jun-2017)

102.7 m
Resource Capital's current market capitalization is $297.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

91 m99.4 m102 m126.6 m

Revenue growth, %

9%3%24%

EBIT

92.4 m58.9 m

EBIT margin, %

91%46%
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

47.1 m44.5 m47.3 m47.8 m23.6 m32.6 m33 m

General and administrative expense

10.1 m11.2 m12.3 m3.9 m3.6 m

Operating expense total

54.5 m16 m16.1 m28.3 m50.6 m8.6 m7.1 m

EBIT

20.7 m22.4 m24.3 m19.4 m17.2 m11.2 m9.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

262.3 m79.9 m78.8 m116 m

Accounts Receivable

9 m16.3 m14 m6.4 m

Total Assets

2.2 b2.7 b2.8 b2.1 b

Accounts Payable

12.7 m9.3 m10.9 m13 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

166.7 m222.3 m163.3 m217.4 m145 m104.7 m71.4 m65.2 m114.6 m157.8 m102.7 m

Accounts Receivable

10.5 m12 m14.8 m18.1 m12 m13.9 m10.8 m8.9 m6.6 m6.1 m6.3 m

Total Assets

2.3 b2.6 b2.6 b2.9 b2.8 b2.8 b2.4 b2.4 b2.2 b2 b1.9 b

Total Liabilities

1.6 b1.6 b1.6 b2 b1.9 b1.9 b1.6 b1.6 b1.4 b1.3 b1.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

46.5 m62.2 m17.2 m(30.6 m)

Depreciation and Amortization

4.9 m(16.5 m)

Accounts Payable

(9.1 m)(3.4 m)2.3 m447 k

Cash From Operating Activities

68.4 m(69.6 m)70 m41.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

45.3 m17.5 m35.2 m49.5 m18 m(4.7 m)10 m14 m18.5 m(27.1 m)8.6 m17 m

Depreciation and Amortization

646 k621 k628 k641 k504 k505 k(349 k)671 k

Cash From Operating Activities

66.8 m19.2 m13.9 m(9.9 m)9.7 m42.8 m34.2 m(18.3 m)(46.9 m)(71.3 m)69.4 m40.3 m

Purchases of PP&E

(269 k)(332 k)(362 k)(171 k)(228 k)(28 k)(28 k)
Y, 2017

Financial Leverage

2.7 x
Show all financial metrics

Resource Capital Market Value History

Resource Capital's Web-traffic and Trends

Resource Capital Company Life and Culture

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