Ladder Capital Corp (LADR)

USD 11.29

(-3.34%)

Market Cap (In USD)

1.44 Billion

Revenue (In USD)

253.49 Million

Net Income (In USD)

101.12 Million

Avg. Volume

677.33 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
10.1-12.48
PE
-
EPS
-
Beta Value
1.985
ISIN
US5057431042
CUSIP
505743104
CIK
1577670
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Mortgage
CEO
Mr. Brian Richard Harris
Employee Count
-
Website
https://www.laddercapital.com
Ipo Date
2014-02-06
Details
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.