July 25, 2014 1:01 PM ET

Capital Markets

Company Overview of Rialto Capital Management LLC

Company Overview

Rialto Capital Management LLC is a real estate investment arm of Lennar Corp. It focuses on distressed residential and commercial real estate asset investment, management, workouts, and and turnaround strategies in the United States and internationally. Rialto Capital Management LLC was founded in 2007 and is based in Miami, Florida.

700 North West 107th Avenue

Suite 400

Miami, FL 33172

United States

Founded in 2007

Phone:

305-485-2077

Fax:

305-229-6425

Key Executives for Rialto Capital Management LLC

Founder
Age: 58
President
Chief Financial Officer
Managing Director and Vice Chairman
Managing Director
Compensation as of Fiscal Year 2014.

Rialto Capital Management LLC Key Developments

Rialto Investments Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended May 31, 2013

Rialto Investments reported unaudited earnings results for the second quarter and six months ended May 31, 2013. For the quarter, the company reported operating earnings were $2.8 million (which included $8.5 million of operating earnings offset by $5.7 million of net earnings attributable to non controlling interests), compared to operating earnings of $4.3 million (which included $7.5 million of operating earnings offset by $3.2 million of net earnings attributable to non controlling interests) in the same period last year. Revenues in this segment were $25.7 million which consisted primarily of accretable interest income associated with the segment's portfolio of real estate loans and fees for managing and servicing assets, compared to revenues of $33.5 million in the same period last year. Revenues decreased primarily due to lower interest income as a result of a decrease in the segment's portfolio of loans. For the six months, the company reported operating earnings were $4.5 million (which included $9.9 million of operating earnings offset by $5.4 million of net earnings attributable to noncontrolling interests), compared to operating earnings of $13.7 million (which included $12.5 million of operating earnings and an add back of $1.2 million of net loss attributable to noncontrolling interests) in the same period last year. Revenues in this segment were $51.3 million, which consisted primarily of accretable interest income associated with the segment's portfolio of real estate loans and fees for managing and servicing assets, compared to revenues of $65.7 million in the same period last year. Revenues decreased primarily due to lower interest income as a result of a decrease in the segment's portfolio of loans.

Rialto Capital Management LLC Announces Unaudited Earnings Results for the First Quarter Ended February 28, 2013

Rialto Capital Management LLC announced unaudited earnings results for the first quarter ended February 28, 2013. In the quarter operating earnings of the company totaled $1.7 million (including an add back of $0.3 million of net loss attributable to non-controlling interests), compared to $9.4 million (including an add back of $4.3 million of net loss attributable to non-controlling interests) reported in the same period last year. Revenues were $25.6 million in the first quarter of 2013, which consisted primarily of accretable interest income associated with the segment's portfolio of real estate loans and fees for managing and servicing assets, compared to revenues of $32.2 million in the same period last year. Revenues decreased primarily due to lower interest income as a result of a decrease in the portfolio of loans.

Rialto Capital Management LLC Presents at Zelman & Associates 2012 Housing Summit, Sep-28-2012 01:15 PM

Rialto Capital Management LLC Presents at Zelman & Associates 2012 Housing Summit, Sep-28-2012 01:15 PM. Venue: The Ritz-Carlton, Tysons Corner, Washington, District Of Columbia, United States. Speakers: Jeffrey P. Krasnoff, Founder, Chief Executive Officer, and Managing Partner.

Similar Private Companies By Industry

Company Name Region
Cosway Industries, Inc. United States
Consumer Edge Research, LLC United States
Rochon Capital Group, Ltd. United States
Roth Thomas Capital, Ltd. United States
Metropolitan Asset Management Corp. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 23, 2014
One 11 Monroe
Merger/Acquisition
January 3, 2014
TNP SRT Craig Promenade, LLC
Merger/Acquisition
November 7, 2013
50,000-Square-Foot Office Complex at 3001 W. Silver Springs Boulevard
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Rialto Capital Management LLC, please visit www.rialtocapital.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.