Welcome to our dedicated page for Ladder Cap news (Ticker: LADR), a resource for investors and traders seeking the latest updates and insights on Ladder Cap stock.
Ladder Capital Corp is an internally managed commercial real estate finance REIT that originates fixed- and floating-rate first mortgage loans secured by commercial real estate. The company also owns and operates predominantly net leased, income-producing real estate and invests in investment-grade securities backed by commercial mortgage loans.
Recurring company news covers quarterly operating results, distributable earnings, loan origination activity, portfolio growth, liquidity and unsecured financing arrangements. Updates also include Class A common stock dividends, dividend tax treatment, credit-rating and capital-market developments, and capital actions tied to Ladder’s real estate finance platform.
Ladder Capital Corp (NYSE: LADR) announced that Koch Real Estate Investments exercised its option to invest $32 million in Ladder's common equity, resulting in the issuance of 4 million shares. This follows a strategic financing agreement from April 2020, where Koch pledged $206.4 million for transitional and land loans. CEO Brian Harris expressed satisfaction with having Koch as a long-term investor. Jake Francis from Koch praised Ladder's risk management during the pandemic, indicating a strong partnership aimed at capitalizing on upcoming opportunities in the commercial real estate sector.
Ladder Capital Corp (NYSE: LADR) has declared a fourth quarter 2020 dividend of $0.20 per share of Class A common stock, payable on January 15, 2021, to stockholders of record as of December 31, 2020. The Company, with assets over $6 billion, is focused on preserving shareholder capital while providing attractive risk-adjusted returns. With expertise in commercial real estate, Ladder specializes in senior secured loans and investment-grade securities backed by commercial properties. Management aligns closely with investors, owning over 10% of the Company’s equity.
Ladder Capital Corp (NYSE: LADR) will release its third quarter 2020 results on October 29, 2020, after market close. A conference call will be held at 5:00 p.m. ET to discuss the financial results. Access the call by dialing (855) 327-6837 (domestic) or (631) 891-4304 (international). An audio replay will be available from 8:00 p.m. ET on October 29 through November 12, 2020, at (844) 512-2921 (domestic) or (412) 317-6671 (international).
Ladder Capital specializes in commercial real estate investment, managing over $6 billion in assets.