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 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, U.S. treasury and agency, 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.
The company was founded in 2008 and is headquartered in New York, New York.
| Country | United States |
| Founded | 2008 |
| IPO Date | Feb 6, 2014 |
| Industry | REIT - Mortgage |
| Sector | Real Estate |
| Employees | 59 |
| CEO | Brian Harris |
Contact Details
Address: 320 Park Avenue, 15th Floor New York, New York 10022 United States | |
| Phone | 212 715 3170 |
| Website | laddercapital.com |
Stock Details
| Ticker Symbol | LADR |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001577670 |
| CUSIP Number | 505743104 |
| ISIN Number | US5057431042 |
| Employer ID | 80-0925494 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Brian Richard Harris | Founder, Chief Executive Officer and Director |
| Anthony V. Esposito | Chief Accounting Officer and Principal Accounting Officer |
| Michael Cafaro | Chief Technology Officer |
| Michelle Wallach | Chief Compliance Officer, Senior Regulatory Counsel |
| Adam Siper | Head of Origination |
| Michael Scarola | Chief Credit Officer |
| Craig Robertson | Head of Underwriting and Loan Portfolio Manager |
| Dr. Ed Peterson | Head of CMBS Trading and Co-Head of Securitization |
| David Traitel | Head of Legal Structuring |
| Mark Ableman | Head of Transaction Management |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 14, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Nov 12, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Oct 28, 2024 | 10-Q | Quarterly Report |
| Oct 24, 2024 | 8-K | Current Report |
| Jul 31, 2024 | 144 | Filing |
| Jul 26, 2024 | 10-Q | Quarterly Report |
| Jul 25, 2024 | 8-K | Current Report |
| Jul 5, 2024 | 8-K | Current Report |
| Jun 7, 2024 | 8-K | Current Report |
| Apr 29, 2024 | 10-Q | Quarterly Report |