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 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 Data and Metrics

Resource Capital Financial Metrics

Resource Capital's revenue was reported to be $126.6 m in FY, 2016 which is a 24% increase from the previous period.
USD

Revenue (FY, 2016)

126.6 m

Revenue growth (FY, 2015 - FY, 2016), %

24%

Net income (FY, 2016)

(30.6 m)

EBIT (FY, 2016)

58.9 m

Market capitalization (21-Jul-2017)

312.2 m

Cash (31-Dec-2016)

116 m
Resource Capital's current market capitalization is $312.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

91 m99.4 m102 m126.6 m

Revenue growth, %

9%3%24%

Operating expense total

119.7 m77 m

EBIT

92.4 m58.9 m

EBIT margin, %

91%46%

Interest expense

65.7 m53.7 m

Income tax expense

(1.7 m)(11 m)

Net Income

46.5 m61.2 m17.2 m(30.6 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

Total Liabilities

1.4 b

Additional Paid-in Capital

1 b1.2 b1.2 b1.2 b

Total Equity

935.5 m818.9 m704.3 m

Financial Leverage

2.9 x3.4 x2.9 x
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

Purchases of PP&E

(373 k)(865 k)(14 k)

Cash From Investing Activities

479.1 m(389.1 m)(59.5 m)

Cash From Financing Activities

(370.5 m)276.4 m(11.6 m)(247.5 m)
USDY, 2016

Revenue/Employee

179.9 k

Financial Leverage

2.9 x

Resource Capital Market Value History

Resource Capital News and Updates

Resource Capital Company Life and Culture

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