Ladder Capital Company Description
Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States.
It operates through three segments: Loans, Securities, and Real Estate. The Loans segment originates and acquires balance sheet loans that provide interim financing to borrowers seeking short-term capital for the acquisition or transition of commercial real estate; originates conduit loans, which are first mortgage loans on commercial real estate properties for sale in commercial mortgage-backed securities securitizations; and invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate.
Its Securities segment invests in CMBS, U.S. Agency securities, corporate bonds, equity securities, and U.S. Treasury securities that are not classified as cash and cash equivalents.
The Real Estate segment engages in net leased properties, other diversified real estate, and investments in unconsolidated ventures.
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.
| Country | United States |
| Founded | 2008 |
| Industry | Real Estate Investment Trusts |
| Employees | 60 |
| CEO | Brian Harris |
Contact Details
Address: 320 Park Avenue New York, New York 10022 United States | |
| Phone | 212 715 3170 |
| Website | laddercapital.com |
Stock Details
| Ticker Symbol | LD1A |
| Exchange | Frankfurt Stock Exchange |
| Stock Type | Common Stock |
| Share Class | Class A Shares |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Brian Harris | Chief Executive Officer |
| Paul Miceli | Chief Financial Officer |