Ready Capital completed the merger with Anworth Mortgage Asset in a $292m deal.

Ready Capital, a multi-strategy real estate finance company, completed the merger with Anworth Mortgage Asset, a specialty finance REIT that focuses primarily on investments in residential mortgage-backed securities, in a $292m deal. “The closing of the merger with Anworth will better position us to continue to grow and improve operating and cost efficiencies to establish Ready Capital as an industry-leading mortgage REIT with a diversified platform,” Thomas Capasse, Ready Capital Chairman and CEO. On March 17, 2021, Anworth stockholders approved merger with Ready Capital.