Red Stone

New York, United States Founded: 2002 • Age: 24 yrs Acquired By Ready Capital
Real estate finance company focused on affordable housing sector
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About Red Stone

Red Stone is a company based in New York (United States) founded in 2002 was acquired by Ready Capital in August 2021.. Red Stone offers products and services including Commercial Bridge Loans, Multifamily Bridge Loans, SBA 7(a) Loans, and Affordable Multifamily Loans. Red Stone operates in a competitive market with competitors including Dudley Ventures, Community Preservation Corporation, Alliant Capital, The Reliant Group and FHLBNY, among others.

  • Headquarter New York, United States
  • Sectors
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
  • Legal Name Readycap Commercial, Llc
Operational Areas
Real Estate & Construction → Real Estate Development & Housing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Ready Capital

    (Aug 03, 2021)

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Products & Services of Red Stone

Red Stone offers a comprehensive portfolio of products and services, including Commercial Bridge Loans, Multifamily Bridge Loans, SBA 7(a) Loans, and Affordable Multifamily Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Short-term loans for acquiring or refinancing commercial properties.

Loans for multifamily property acquisition and development.

Government-backed loans for small business operations and growth.

Financing for affordable housing projects using tax-exempt bonds.

People of Red Stone
Headcount 50-200
Employee Profiles 40
Board Members and Advisors 9
Employee Profiles
People
Brett Hucka
Vice President, Senior Business Development Officer
People
Thomas Edward Capasse
Chairman & CEO
People
Gary T. Taylor
Chief Operating Officer
People
Paul P. Neydavood
Senior Underwriter

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Board Members and Advisors
people
Dominique Mielle
Director
people
Andrea Petro
Director
people
Todd M. Sinai
Director

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Funding Insights of Red Stone

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Red Stone

Red Stone has secured backing from 1 investor. Prominent investors backing the company include Ready Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Diversified lending NBFI
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Red Stone

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Red Stone

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Red Stone Comparisons

Employees
+
Add Comparison
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Competitors of Red Stone

Red Stone operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dudley Ventures, Community Preservation Corporation, Alliant Capital, The Reliant Group and FHLBNY, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Financing services are provided to the affordable housing sector.
domain founded_year HQ Location
Affordable housing financial services are provided nationwide.
domain founded_year HQ Location
Offers affordable homes development and management services
domain founded_year HQ Location
Real estate investment and management firm
domain founded_year HQ Location
Provides financing services to support affordable housing initiatives.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Red Stone

Frequently Asked Questions about Red Stone

When was Red Stone founded?

Red Stone was founded in 2002.

Where is Red Stone located?

Red Stone is headquartered in New York, United States. It is registered at New York, New York, United States.

What does Red Stone do?

Red Stone was established in 2002 in New York, United States, as a finance company specializing in the real estate sector. Affordable housing initiatives are supported through targeted financing solutions. Operations involve funding development projects and investments aimed at accessible residential properties. Services include loan origination and portfolio management, with a primary focus on urban and suburban markets across the country. The companys domain is redstoneco.com.

Who are the top competitors of Red Stone?

Red Stone's top competitors include Dudley Ventures, The Reliant Group and Community Preservation Corporation.

What products or services does Red Stone offer?

Red Stone offers Commercial Bridge Loans, Multifamily Bridge Loans, SBA 7(a) Loans, and Affordable Multifamily Loans.

Who are Red Stone's investors?

Red Stone has 1 investor. Key investors include Ready Capital.

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