About Red Stone

Red Stone is a real estate finance and investment company that provides innovative financial products and services to the multifamily affordable housing industry. Red Stone Tax Exempt Funding is a leading national provider of acquisition, development period, and permanent mortgage capital on properties that are financed utilizing tax-exempt and taxable bonds.

Our mission is to provide the most efficient capital to build and preserve much needed affordable housing throughout the country, evident by financing over 75,000 housing units for low income families across 39 states. 

The company was originally formed in 2002 with capital provided by Prudential Real Estate Investors, and in 2021 it was acquired by Ready Capital, a multi-strategy real estate finance company that originates, acquires, finances, and services small- to medium-sized balance commercial loans. Today, as part of Ready Capital, Red Stone is a diverse company with superior access to institutional capital and investors.

Combining extensive real estate experience with capital markets expertise, our professionals originate, underwrite, structure, close, and manage multifamily debt and equity investments. Red Stone has established itself as a leader in affordable multifamily real estate financing, having invested more than $6 billion nationwide. Our commitment to excellence and diligence has resulted in a financially stable company with an outstanding track record within the market.