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25.06.25 - 01:36
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Ladder Announces Pricing of $500 Million Senior Notes Offering (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSE: LADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP (the “Issuer”) and Ladder Capital Finance Corporation (the “Co-Issuer” and collectively with the Issuer, the “Issuers”), have priced a public offering of $500 million in aggregate principal amount of 5.500% Senior Notes due 2030 (the “Notes”). The sale of the Notes is expected to be completed on or about July 3, 2025, subject to the satisfaction of customary closing conditions. The Notes will be the Issuers' senior unsecured obligations and will be guaranteed on a senior unsecured basis by the Company.
The Issuers intend to use a portion of the net proceeds of this offering for general corporate purposes, which may include the redemption, repurchase or other repayment of their outstanding 5.250% Senior Notes due 2025.
J.P. Morgan, Wells Fargo Securities, BofA Securities and Societe Generale are acti...
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13.06.25 - 14:18
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Ladder Capital Corp Announces Second Quarter 2025 Dividend to Holders of Class A Common Stock (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) today announced the declaration by its board of directors of a second quarter 2025 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on July 15, 2025 to stockholders of record as of the close of business on June 30, 2025.
About Ladder
Ladder is a publicly listed, investment grade-rated commercial real estate finance company with a diversified, nationwide platform. We deliver tailored capital solutions across the commercial real estate landscape, with a focus on the middle market. Our investment objective is to preserve and protect shareholder capital while generating attractive, risk-adjusted returns.
Since our founding in 2008, Ladder has deployed more than $47 billion of capital across the real estate capital stack, serving both institutional and middle-market clients. Our primary business is originating fixed and floating rate first mortgage loans collateralized by all major c...
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28.05.25 - 01:39
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Ladder Achieves Second Investment Grade Credit Rating (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSE: LADR), a leading commercial real estate finance REIT, announced today that the Company received an investment grade rating from Moody's Ratings ("Moody's"). Moody's has assigned a Baa3 issuer rating to Ladder Capital Corp and upgraded the backed senior unsecured rating of Ladder Capital Finance Holdings LLLP to Baa3 from Ba1, issuing a stable outlook for both entities.
This upgrade follows Ladder's investment grade rating from Fitch Ratings (“Fitch”) on May 21, 2025, when the Company became the only commercial mortgage REIT to achieve an investment grade rating.
“We are proud to receive a credit rating upgrade from Moody's, following last week's upgrade from Fitch. These two investment grade ratings enhance our financial flexibility and improve our borrowing cost - both in the debt capital markets and on our recently upsized revolving credit facility. We stand apart from our...
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21.05.25 - 22:39
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Ladder Achieves Investment Grade Credit Rating (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSE: LADR), a leading commercial real estate finance REIT, announced today that the Company received an investment grade credit rating from Fitch Ratings (“Fitch”). Fitch assigned a Long-Term Issuer Default Rating of 'BBB-' with a Stable outlook to our subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation. Fitch also upgraded the senior unsecured debt ratings to 'BBB-.'
Notably, Ladder solidified its market-leading position by becoming the only commercial mortgage REIT with an investment grade rating.
“We are pleased with Fitch's investment grade rating, one of our long-standing strategic goals. This upgrade affirms our uniquely resilient business model, which focuses on originating diversified mid-market commercial real estate loans and financing the Company with primarily long-term unsecured corporate debt. This rating validates our position as a market...
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24.04.25 - 14:33
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Ladder Capital Corp Reports Results for the Quarter Ended March 31, 2025 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended March 31, 2025. GAAP income before taxes for the three months ended March 31, 2025 was $10.7 million, and diluted earnings per share (“EPS”) was $0.09. Distributable earnings was $25.5 million, or $0.20 of distributable EPS.
“We are pleased with our first quarter results and the overall strength of Ladder's balance sheet after a record year of loan payoffs in 2024. Our origination efforts continue to build momentum, with new loans outpacing payoffs in the first quarter as we remain modestly levered and flush with liquidity to invest in opportunities as they arise,” said Brian Harris, Ladder's Chief Executive Officer.
On April 23, 2025, the board of directors authorized the repurchase of $100.0 million of the Company's Class A common stock from time to time without further approval. This authorization increased the remaining...
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17.04.25 - 14:21
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Ladder Capital Corp to Report First Quarter 2025 Results (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “Ladder,” or the “Company”) will release its first quarter 2025 results on Thursday, April 24, 2025 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 themselves and their affiliations. For those unable to participate, an audio replay will be available until midnight on Thursday, May 8, 2025. To access the replay, please call (844) 512-2921 domestic or (412) 317-6671 international, access code 13753048. The conference call will also be webcast through a link on Ladder's Investor Relations website at ir.laddercapital.com/event. A web-based archive of the conference call will be available at the above website.
About Ladder
Ladder is a leading diversified com...
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14.03.25 - 13:18
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Ladder Capital Corp Announces First Quarter 2025 Dividend to Holders of Class A Common Stock (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) today announced the declaration by its board of directors of a first quarter 2025 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on April 15, 2025 to stockholders of record as of the close of business on March 31, 2025.
About Ladder
Ladder is a leading diversified commercial real estate finance platform that specializes in underwriting commercial real estate across the capital stack. With $4.8 billion of assets, our investment objective is to preserve and protect shareholder capital while generating attractive risk-adjusted returns.
Since 2008, we have invested over $46 billion in debt and equity, serving both institutional and middle-market clients. Our primary business is originating fixed and floating rate first mortgage loans secured by all commercial real estate property types. We also own and operate commercial real estate, including net leased commercial properties, and...
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06.02.25 - 14:33
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Ladder Capital Corp Reports Results for the Quarter and Year Ended December 31, 2024 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter and year ended December 31, 2024. GAAP income before taxes for the three months ended December 31, 2024 was $33.0 million, and diluted earnings per share (“EPS”) was $0.25. Distributable earnings was $33.6 million, or $0.27 of distributable EPS. GAAP income before taxes for the year ended December 31, 2024 was $110.9 million, and diluted earnings per share (“EPS”) was $0.86. Distributable earnings was $153.9 million, or $1.21 of distributable EPS.
“In the fourth quarter, Ladder generated strong earnings and dividend coverage. Throughout 2024, our middle market by choice business model continued to demonstrate success, as we received a significant amount of loan payoffs and our credit performed well overall. Our low leverage and robust liquidity position, which includes our upsized $850 million corporate revolving credit facility, ...
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