Real Estate -
REIT - Mortgage - NYSE - US
$ 11.17
0.269 %
$ 1.43 B
Market Cap
14.7
P/E
1. INTRINSIC VALUE
Balance Sheet
Ladder Capital Corp
| Current Assets | 1.04 B |
| Cash & Short-Term Investments | 1.02 B |
| Receivables | 25.3 M |
| Other Current Assets | -2.55 M |
| Non-Current Assets | 1.33 B |
| Long-Term Investments | 492 M |
| PP&E | 680 M |
| Other Non-Current Assets | 154 M |
| Current Liabilities | 130 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 130 M |
| Non-Current Liabilities | 3.26 B |
| Long-Term Debt | 3.18 B |
| Other Non-Current Liabilities | 82.7 M |
EFFICIENCY
Earnings Waterfall
Ladder Capital Corp
| Revenue | 253 M |
| Cost Of Revenue | 63.7 M |
| Gross Profit | 190 M |
| Operating Expenses | 65.8 M |
| Operating Income | 124 M |
| Other Expenses | 23.4 M |
| Net Income | 101 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Ladder Capital Corp
| Net Income | 101 M |
| Depreciation & Amortization | 28.1 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 18.6 M |
| Change in Working Capital | 32.9 M |
| Others | 31.5 M |
| Free Cash Flow | 181 M |
Wall Street Analysts Price Targets
Ladder Capital Corp
Wall Street analysts predict an average 1-year price target for LADR of $13.2 , with forecasts ranging from
a
low of
$13 to a high of $13.5 .
LADR Lowest Price Target
Wall Street Target
13 USD
16.38%
LADR Average Price Target
Wall Street Target
13.2 USD
18.62%
LADR Highest Price Target
Wall Street Target
13.5 USD
20.86%
4. DIVIDEND
ANALYSIS
1.98%
DIVIDEND YIELD
0.23 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Ladder Capital Corp
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
2.13 M USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
11.1 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 months ago
Sep 13, 2024
|
Sell 304 K
USD
|
Perelman Robert
Head of Asset Management
|
- 25000
|
12.15 USD |
|
4 months ago
Aug 30, 2024
|
Sell 612 K
USD
|
McCormack Pamela
President
|
- 50000
|
12.25 USD |
|
5 months ago
Jul 31, 2024
|
Sell 1.22 M
USD
|
McCormack Pamela
President
|
- 100000
|
12.17 USD |
|
1 year ago
Jan 16, 2024
|
Bought
11.1 K USD
|
Miceli Paul J.
Chief Financial Officer
|
+ 993.142
|
11.14 USD |
|
2 years ago
Apr 14, 2022
|
Sell 376 K
USD
|
Harris Brian
Chief Executive Officer
|
- 30000
|
12.54 USD |
|
2 years ago
Apr 14, 2022
|
Sell 497 K
USD
|
McCormack Pamela
President
|
- 40000
|
12.42 USD |
|
2 years ago
Apr 08, 2022
|
Sell 232 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 20000
|
11.61 USD |
|
2 years ago
Apr 08, 2022
|
Sell 235 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 20000
|
11.75 USD |
|
2 years ago
Mar 21, 2022
|
Sell 502 K
USD
|
McCormack Pamela
President
|
- 41861
|
11.9802 USD |
|
3 years ago
Sep 02, 2021
|
Sell 34.4 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 3000
|
11.4775 USD |
|
3 years ago
Aug 02, 2021
|
Sell 34.4 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 3000
|
11.48 USD |
|
3 years ago
Jul 02, 2021
|
Sell 34.9 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 3000
|
11.62 USD |
|
3 years ago
Jun 08, 2021
|
Sell 246 K
USD
|
McCormack Pamela
President
|
- 20000
|
12.32 USD |
|
3 years ago
Jun 09, 2021
|
Sell 252 K
USD
|
McCormack Pamela
President
|
- 20000
|
12.61 USD |
|
3 years ago
Jun 08, 2021
|
Sell 91.5 K
USD
|
Harris Brian
Chief Executive Officer
|
- 7352
|
12.4492 USD |
|
3 years ago
Jun 09, 2021
|
Sell 282 K
USD
|
Harris Brian
Chief Executive Officer
|
- 22648
|
12.4568 USD |
|
3 years ago
Jun 02, 2021
|
Sell 35.8 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 3000
|
11.93 USD |
|
3 years ago
Jun 01, 2021
|
Sell 26.4 K
USD
|
Harris Brian
Chief Executive Officer
|
- 2205
|
11.9607 USD |
|
3 years ago
Jun 02, 2021
|
Sell 84 K
USD
|
Harris Brian
Chief Executive Officer
|
- 7026
|
11.9601 USD |
|
3 years ago
May 03, 2021
|
Sell 50.6 K
USD
|
Harris Brian
Chief Executive Officer
|
- 4223
|
11.9808 USD |
|
3 years ago
May 03, 2021
|
Sell 35.9 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 3000
|
11.96 USD |
|
3 years ago
Apr 29, 2021
|
Sell 150 K
USD
|
Harris Brian
Chief Executive Officer
|
- 12546
|
11.9721 USD |
|
3 years ago
Apr 26, 2021
|
Sell 47.8 K
USD
|
Harris Brian
Chief Executive Officer
|
- 4000
|
11.9605 USD |
|
3 years ago
Apr 05, 2021
|
Sell 296 K
USD
|
McCormack Pamela
President
|
- 25000
|
11.86 USD |
|
3 years ago
Apr 05, 2021
|
Sell 35.6 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 3000
|
11.86 USD |
|
3 years ago
Mar 15, 2021
|
Sell 72.4 K
USD
|
Moclair Kevin
Chief Accounting Officer
|
- 6000
|
12.06 USD |
|
3 years ago
Feb 22, 2021
|
Sell 275 K
USD
|
Perelman Robert
Head of Asset Management
|
- 25000
|
11 USD |
|
4 years ago
Jan 21, 2021
|
Sell 30.7 K
USD
|
Fox Marc
Chief Financial Officer
|
- 2922
|
10.5 USD |
|
3 years ago
Jan 25, 2021
|
Sell 494 K
USD
|
Fox Marc
Chief Financial Officer
|
- 47078
|
10.5 USD |
|
4 years ago
Jan 21, 2021
|
Sell 46.9 K
USD
|
Perelman Robert
Head of Asset Management
|
- 4469
|
10.5 USD |
|
3 years ago
Jan 25, 2021
|
Sell 216 K
USD
|
Perelman Robert
Head of Asset Management
|
- 20531
|
10.5 USD |
|
4 years ago
Jan 21, 2021
|
Sell 30.7 K
USD
|
Fox Marc
Chief Financial Officer
|
- 2922
|
10.5 USD |
|
3 years ago
Jan 25, 2021
|
Sell 494 K
USD
|
Fox Marc
Chief Financial Officer
|
- 47078
|
10.5 USD |
|
4 years ago
Jan 11, 2021
|
Sell 31.1 K
USD
|
Harris Brian
Chief Executive Officer
|
- 3108
|
10.001 USD |
|
4 years ago
Jan 12, 2021
|
Sell 843 K
USD
|
Harris Brian
Chief Executive Officer
|
- 84270
|
10 USD |
|
4 years ago
Jan 13, 2021
|
Sell 194 K
USD
|
Harris Brian
Chief Executive Officer
|
- 19355
|
10 USD |
|
4 years ago
Jan 06, 2021
|
Sell 156 K
USD
|
Harris Brian
Chief Executive Officer
|
- 15630
|
10.004 USD |
|
4 years ago
Jan 07, 2021
|
Sell 21 K
USD
|
Harris Brian
Chief Executive Officer
|
- 2101
|
10 USD |
|
4 years ago
Jan 08, 2021
|
Sell 18.7 K
USD
|
Harris Brian
Chief Executive Officer
|
- 1872
|
10 USD |
|
4 years ago
Dec 28, 2020
|
Sell 127 K
USD
|
Harris Brian
Chief Executive Officer
|
- 12700
|
10.003 USD |
|
4 years ago
Dec 28, 2020
|
Sell 15.7 K
USD
|
Perelman Robert
Head of Asset Management
|
- 1572
|
10 USD |
|
4 years ago
Dec 28, 2020
|
Sell 392 K
USD
|
McCormack Pamela
President
|
- 39188
|
10 USD |
|
4 years ago
Dec 18, 2020
|
Sell 50 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 5000
|
10 USD |
|
4 years ago
Dec 18, 2020
|
Sell 108 K
USD
|
McCormack Pamela
President
|
- 10812
|
10 USD |
|
4 years ago
Dec 18, 2020
|
Sell 610 K
USD
|
Harris Brian
Chief Executive Officer
|
- 60964
|
10 USD |
|
4 years ago
Dec 18, 2020
|
Sell 234 K
USD
|
Perelman Robert
Head of Asset Management
|
- 23428
|
10 USD |
|
4 years ago
Nov 24, 2020
|
Sell 47.5 K
USD
|
Porcella Kelly Amanda
Chief Admin Off & Gen Counsel
|
- 5000
|
9.501 USD |
|
4 years ago
Nov 24, 2020
|
Sell 950 K
USD
|
McCormack Pamela
President
|
- 100000
|
9.501 USD |
|
4 years ago
Nov 09, 2020
|
Sell 3.65 K
USD
|
Alexander Mark David
Director
|
- 441
|
8.28 USD |
|
5 years ago
May 31, 2019
|
Bought
24 K USD
|
McCormack Pamela
President
|
+ 1500
|
16.02 USD |
|
5 years ago
May 22, 2019
|
Bought
25.6 K USD
|
McCormack Pamela
President
|
+ 1600
|
16.03 USD |
|
6 years ago
May 15, 2018
|
Bought
149 K USD
|
McCormack Pamela
President
|
+ 10000
|
14.879 USD |
|
6 years ago
May 16, 2018
|
Bought
52.6 K USD
|
Harney Thomas
Head-Merchant Banking & Cap Mk
|
+ 3500
|
15.02 USD |
|
6 years ago
May 07, 2018
|
Bought
251 K USD
|
FISHMAN ALAN H
Chairman
|
+ 17500
|
14.3225 USD |
|
7 years ago
Oct 10, 2017
|
Sell 22.5 M
USD
|
GI PARTNERS FUND III LP
10 percent owner
|
- 1657001
|
13.55 USD |
|
7 years ago
Oct 10, 2017
|
Sell 4.06 M
USD
|
GI PARTNERS FUND III LP
10 percent owner
|
- 299927
|
13.55 USD |
|
7 years ago
Oct 10, 2017
|
Sell 584 K
USD
|
GI PARTNERS FUND III LP
10 percent owner
|
- 43072
|
13.55 USD |
|
7 years ago
Aug 21, 2017
|
Bought
134 K USD
|
Harris Brian
Chief Executive Officer
|
+ 10000
|
13.41 USD |
|
7 years ago
Mar 13, 2017
|
Sell 9.77 M
USD
|
TowerBrook Investors, Ltd.
10 percent owner
|
- 695071
|
14.05 USD |
|
7 years ago
Mar 13, 2017
|
Sell 5.87 M
USD
|
TowerBrook Investors, Ltd.
10 percent owner
|
- 417985
|
14.05 USD |
|
7 years ago
Mar 13, 2017
|
Sell 13 M
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 922168
|
14.05 USD |
|
7 years ago
Mar 13, 2017
|
Sell 2.35 M
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 166918
|
14.05 USD |
|
7 years ago
Mar 13, 2017
|
Sell 337 K
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 23971
|
14.05 USD |
|
7 years ago
Mar 13, 2017
|
Sell 13 M
USD
|
Park Howard
Director
|
- 922168
|
14.05 USD |
|
7 years ago
Mar 13, 2017
|
Sell 2.35 M
USD
|
Park Howard
Director
|
- 166918
|
14.05 USD |
|
7 years ago
Mar 13, 2017
|
Sell 337 K
USD
|
Park Howard
Director
|
- 23971
|
14.05 USD |
|
7 years ago
Mar 03, 2017
|
Sell 15.2 M
USD
|
TowerBrook Investors, Ltd.
10 percent owner
|
- 1117326
|
13.59 USD |
|
7 years ago
Mar 03, 2017
|
Sell 9.17 M
USD
|
TowerBrook Investors, Ltd.
10 percent owner
|
- 674843
|
13.59 USD |
|
7 years ago
Mar 03, 2017
|
Sell 22.8 M
USD
|
Park Howard
Director
|
- 1675013
|
13.59 USD |
|
7 years ago
Mar 03, 2017
|
Sell 4.14 M
USD
|
Park Howard
Director
|
- 304510
|
13.59 USD |
|
7 years ago
Mar 03, 2017
|
Sell 594 K
USD
|
Park Howard
Director
|
- 43731
|
13.59 USD |
|
7 years ago
Mar 03, 2017
|
Sell 22.8 M
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 1675013
|
13.59 USD |
|
7 years ago
Mar 03, 2017
|
Sell 4.14 M
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 304510
|
13.59 USD |
|
7 years ago
Mar 03, 2017
|
Sell 594 K
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 43731
|
13.59 USD |
|
8 years ago
Mar 16, 2016
|
Sell 31 K
USD
|
Moclair Kevin
Chief Accounting Officer
|
- 2638
|
11.75 USD |
|
8 years ago
Dec 12, 2016
|
Sell 42.7 M
USD
|
Park Howard
Director
|
- 3137211
|
13.6 USD |
|
8 years ago
Dec 12, 2016
|
Sell 1.11 M
USD
|
Park Howard
Director
|
- 81905
|
13.6 USD |
|
8 years ago
Dec 12, 2016
|
Sell 7.76 M
USD
|
Park Howard
Director
|
- 570330
|
13.6 USD |
|
8 years ago
Dec 12, 2016
|
Sell 42.7 M
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 3137211
|
13.6 USD |
|
8 years ago
Dec 12, 2016
|
Sell 1.11 M
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 81905
|
13.6 USD |
|
8 years ago
Dec 12, 2016
|
Sell 7.76 M
USD
|
GI PARTNERS FUND III LP
director, 10 percent owner:
|
- 570330
|
13.6 USD |
|
8 years ago
Dec 12, 2016
|
Sell 60.4 M
USD
|
TowerBrook Investors, Ltd.
10 percent owner
|
- 4441661
|
13.6 USD |
|
9 years ago
Aug 11, 2015
|
Bought
150 K USD
|
Alexander Mark David
Director
|
+ 9600
|
15.66 USD |
|
9 years ago
Aug 11, 2015
|
Bought
77.6 K USD
|
Alexander Mark David
Director
|
+ 5000
|
15.51 USD |
|
9 years ago
Aug 11, 2015
|
Bought
77.5 K USD
|
Alexander Mark David
Director
|
+ 5000
|
15.5 USD |
|
9 years ago
Aug 11, 2015
|
Bought
77.8 K USD
|
Alexander Mark David
Director
|
+ 5000
|
15.55 USD |
|
9 years ago
Aug 10, 2015
|
Bought
6.26 K USD
|
Alexander Mark David
Director
|
+ 400
|
15.66 USD |
|
9 years ago
Aug 10, 2015
|
Bought
78.5 K USD
|
Alexander Mark David
Director
|
+ 5000
|
15.7 USD |
|
9 years ago
Aug 10, 2015
|
Bought
78.8 K USD
|
Alexander Mark David
Director
|
+ 5000
|
15.75 USD |
|
9 years ago
Aug 10, 2015
|
Bought
78.8 K USD
|
Alexander Mark David
Director
|
+ 5000
|
15.75 USD |
|
9 years ago
Aug 10, 2015
|
Bought
78.8 K USD
|
Alexander Mark David
Director
|
+ 5000
|
15.76 USD |
|
9 years ago
Aug 10, 2015
|
Bought
78.8 K USD
|
Alexander Mark David
Director
|
+ 5000
|
15.77 USD |
|
9 years ago
Jun 29, 2015
|
Sell 636 K
USD
|
Fox Marc
Chief Financial Officer
|
- 36000
|
17.66 USD |
|
9 years ago
Jun 26, 2015
|
Sell 38.4 K
USD
|
Mazzei Michael
President
|
- 2100
|
18.27 USD |
7. News
2 High-Yielding Cash Cows For A Comfortable Retirement
Income investors should consider dividend stocks like Energy Transfer and Ladder Capital for steady cash flow and long-term wealth building. Energy Transfer offers a 6.6% yield, benefits from rising natural gas demand, and has strong financial management, making it an attractive value play. Ladder Capital, yielding 8.2%, carries a diversified, low-leverage loan portfolio and significant liquidity, positioning it well for growth.
seekingalpha.com
- 1 week ago
Ladder Announces $850 Million Revolving Credit Facility to Upsize and Extend Existing Facility and Reduce Cost of Debt
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSE: LADR), a leading diversified commercial real estate finance platform, recently closed and subsequently upsized a revolving credit facility (the “Credit Facility”) with commitments of $850 million. The Credit Facility has an “accordion” feature under which the Company may further increase the total borrowing availability to up to $1.25 billion. The Credit Facility replaced Ladder's prior $324 million r.
businesswire.com
- 2 weeks ago
Ladder Capital Corp Announces Fourth Quarter 2024 Dividend to Holders of Class A Common Stock
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) today announced the declaration by its board of directors of a fourth quarter 2024 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on January 15, 2025 to stockholders of record as of the close of business on December 31, 2024. About Ladder Ladder Capital Corp is an internally-managed commercial real estate investment trust with $5.4 billion of assets as of September 30, 2024.
businesswire.com
- 1 month ago
Ladder Capital: 8% Yield And Solid Dividend Coverage Make It A Buy
Ladder Capital offers a robust 7.8% dividend yield, well-covered by cash flows, making it an attractive high-income stock in a frothy market. LADR's diversified $5.5 billion portfolio, low leverage, and substantial insider ownership align management and shareholder interests. With $1.9 billion in liquidity, LADR is well-positioned for growth, focusing on high-quality assets and transitioning to new income sources.
seekingalpha.com
- 1 month ago
Ladder Capital: The Dividend Should Be Safe
Ladder Capital is a reliable choice for passive income, offering stable dividends with a solid loan portfolio and a consistent quarterly dividend. Despite a challenging market, Ladder Capital's loan provisions decreased significantly in the third quarter, improving net interest income by 13% year-over-year and indicating a strong loan quality profile. The stock trades at a 6% discount to BV and offers an 8% yield, with a conservative dividend payout ratio of 77%, providing a substantial margin of safety for investors.
seekingalpha.com
- 2 months ago
Ladder Capital Vs. Blackstone Mortgage (Only 1 Winner)
Commercial mREITs have historically faced challenges during economic downturns, with recent underperformance compared to equity REITs, highlighting the importance of cautious investment. BXMT's focus on senior secured loans in prime markets is promising, but its high office exposure and potential for further dividend cuts warrant caution. LADR's diversified strategy, strong liquidity, and well-covered dividend offer a compelling investment opportunity, especially with potential market share gains from regional banks.
seekingalpha.com
- 2 months ago
Ladder Capital: 8.1% CRE Yield With 1.3X Dividend Coverage
Ladder Capital's Q3 earnings exceeded expectations, showing robust dividend coverage of 1.30X and a stable book value. The REIT's portfolio, primarily senior secured loans, is well-managed despite challenges in the U.S. office sector. The CECL reserve declined $2M Q/Q, indicating strong loan quality. Ladder Capital's shares trade at a 5% discount to book value, offering potential capital upside in addition to an 8.1% dividend yield.
seekingalpha.com
- 2 months ago
Ladder Capital Corp (LADR) Q3 2024 Earnings Conference Call Transcript
Ladder Capital Corp (NYSE:LADR ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Pamela McCormack - Founder and President Paul Miceli - CFO Brian Harris - Founder and CEO Adam Siper - Head of Origination Conference Call Participants Stephen Laws - Raymond James Tom Catherwood - BTIG Steve DeLaney - JMP Securities Jade Rahmani - KBW Matthew Howlett - B. Riley Securities FBR Operator Good morning, and welcome to Ladder Capital Corp's Earnings Call for the Third Quarter of 2024.
seekingalpha.com
- 2 months ago
Ladder Capital (LADR) Tops Q3 Earnings and Revenue Estimates
Ladder Capital (LADR) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.31 per share a year ago.
zacks.com
- 2 months ago
Ladder Capital Corp Reports Results for the Quarter Ended September 30, 2024
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended September 30, 2024. GAAP income before taxes for the three months ended September 30, 2024 was $28.5 million, and diluted earnings per share (“EPS”) was $0.22. Distributable earnings was $37.7 million, or $0.30 of distributable EPS. “Ladder again generated solid earnings and returns for our shareholders this quarter. With the real estate m.
businesswire.com
- 2 months ago
8%-Yielding Cash Cows To Make Money While You Sleep
Dividend-paying stocks like Energy Transfer and Ladder Capital offer high yields and diversification, making them attractive for income-focused investors. ET's robust growth is driven by strategic acquisitions, a vast pipeline network, and fee-based cash flows, making it a top value pick in the energy midstream space. Ladder Capital benefits from a diversified portfolio, prudent management, and strong liquidity, while trading at a material discount to book value with an 8.4% dividend yield.
seekingalpha.com
- 2 months ago
Ladder Capital Corp to Report Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “Ladder,” or the “Company”) will release its third quarter 2024 results on Thursday, October 24, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results. The conference call can be accessed by dialing (877) 407-4018 domestic or (201) 689-8471 international. Individuals who dial in will be asked to identify the.
businesswire.com
- 3 months ago
8. Profile
Summary
Ladder Capital Corp LADR
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 1.43 B
Dividend Yield
1.98%
Description
The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. This segment also invests in corporate bonds and equity securities. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, office buildings, student housing portfolios, hotels, industrial buildings, shopping center, and condominium units. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.
Contact
345 Park Avenue, New York, NY, 10154
https://www.laddercapital.com
IPO
Date
Feb. 6, 2014
Employees
59
Officers
Mr. Robert M. Perelman J.D.
Founder & Head of Asset Management
Mr. Paul J. Miceli CPA
Chief Financial Officer
Mr. Michael Scarola
Chief Credit Officer
Mr. Adam Siper
Head of Origination
Mr. Brian Richard Harris
Founder, Chief Executive Officer & Director
Mr. Anthony V. Esposito
Chief Accounting Officer & Principal Accounting Officer
Ms. Pamela Lynn McCormack J.D.
Founder, President & Director
Ms. Kelly Amanda Porcella J.D.
Chief Administrative Officer, General Counsel, Secretary & Head of ESG
Mr. Michael Cafaro
Chief Technology Officer
Ms. Michelle Wallach
Chief Compliance Officer, Senior Regulatory Counsel