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 (NYSE: LADR) is a leading commercial real estate finance company structured as a REIT, specializing in senior secured loans and investment-grade real estate assets. This news hub provides investors and market participants with timely updates on the company's financial developments, strategic transactions, and industry positioning.
Access authoritative information on LADR's commercial mortgage origination activities, securities investments, and net lease property portfolio. The curated news collection serves as a centralized resource for tracking regulatory filings, earnings announcements, and material events impacting the company's performance in dynamic real estate markets.
Key updates are organized to highlight operational milestones including loan portfolio growth, capital market transactions, and risk management initiatives. Users benefit from direct access to primary source materials complemented by contextual analysis of market trends affecting commercial real estate finance.
Bookmark this page for efficient monitoring of Ladder Capital's financial disclosures and corporate announcements. Regular updates ensure stakeholders maintain informed perspectives on the company's disciplined approach to credit underwriting and asset management in evolving economic conditions.
Ladder Capital Corp (NYSE: LADR) has disclosed the tax treatment of its 2024 Class A common stock dividend payments. The company distributed a total of $0.920 per share in dividends throughout 2024, paid in four quarterly installments of $0.230 per share.
The tax breakdown of each dividend payment includes: $0.195 as Ordinary Dividends, $0.035 as Capital Gain, and $0.023 as Unrecaptured Section 1250 Gain. The total annual distribution comprises $0.780 in Ordinary Dividends, $0.140 in Capital Gains, and $0.092 in Unrecaptured Section 1250 Gains. No portion of the dividends qualified for Return of Capital treatment.
Ladder Capital Corp (NYSE: LADR) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, February 6, 2025, before markets open. The company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time on the same day.
Investors can access the conference call by dialing (877) 407-4018 (domestic) or (201) 689-8471 (international). An audio replay will be available until February 20, 2025, accessible by calling (844) 512-2921 (domestic) or (412) 317-6671 (international) with access code 13750906. The conference call will also be webcast through Ladder's Investor Relations website.
Ladder Capital Corp (NYSE: LADR) has secured an $850 million revolving credit facility, more than doubling its previous $324 million facility at a significantly lower cost. The new facility includes an accordion feature that could increase borrowing availability up to $1.25 billion.
The facility matures on December 20, 2028, with options for two 6-month extensions. Notably, the agreement will automatically convert to an unsecured investment grade agreement if certain debt instruments receive investment grade ratings from two agencies. Currently, Ladder is rated Ba1 by Moody's and BB+ by Fitch (both with positive outlook), and BB by S&P.
The transaction involved 10 lenders, with JPMorgan Chase Bank serving as Administrative and Collateral Agent. The facility's margins are tighter than the previous one and will adjust based on the company's credit rating.
Ladder Capital Corp (NYSE: LADR) has announced its fourth quarter 2024 dividend declaration. The company's board of directors has approved a dividend of $0.23 per share of Class A common stock. The dividend will be paid in cash on January 15, 2025, to stockholders who are on record as of the close of business on December 31, 2024.
Ladder Capital Corp (NYSE: LADR) reported its Q3 2024 financial results with GAAP income before taxes of $28.5 million and diluted EPS of $0.22. The company achieved distributable earnings of $37.7 million, or $0.30 per share. With $5.4 billion in assets as of September 30, 2024, Ladder successfully closed a $500 million unsecured corporate bond offering, strengthening its liquidity position for new origination opportunities. The company specializes in commercial real estate capital solutions, focusing on senior secured assets and mortgage loans.
Ladder Capital Corp (NYSE: LADR) has announced it will release its third quarter 2024 results on Thursday, October 24, 2024, before the markets open. The company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time on the same day to discuss the financial results.
Investors can access the conference call by dialing (877) 407-4018 domestic or (201) 689-8471 international. An audio replay will be available until midnight on Thursday, November 7, 2024, accessible by calling (844) 512-2921 domestic or (412) 317-6671 international, using access code 13749352. The conference call will also be webcast through Ladder Capital Corp's Investor Relations website at ir.laddercapital.com/event, where a web-based archive will be available.
Ladder Capital Corp (NYSE: LADR) has declared a third quarter 2024 dividend of $0.23 per share for holders of its Class A common stock. The dividend will be paid in cash on October 15, 2024, to stockholders of record as of the close of business on September 30, 2024. This announcement demonstrates Ladder's commitment to providing regular returns to its shareholders, maintaining its dividend distribution policy.
Ladder Capital Corp (NYSE: LADR) reported its Q2 2024 results, with GAAP income before taxes of $31.0 million and diluted EPS of $0.26. Distributable earnings were $40.4 million, or $0.31 per share. CEO Brian Harris highlighted strong returns, low leverage, and a large cash position. The company successfully executed its seventh unsecured corporate bond issuance, receiving positive actions from rating agencies, moving closer to an investment grade credit rating.
Ladder Capital, with $5.0 billion in assets as of June 30, 2024, is a commercial real estate investment trust specializing in underwriting and offering flexible capital solutions. The company focuses on senior secured assets, including originating senior first mortgage loans, owning and operating commercial real estate, and investing in investment grade securities secured by first mortgage loans on commercial real estate.
Ladder Capital Corp (NYSE: LADR) has announced it will release its second quarter 2024 financial results on Thursday, July 25, 2024, before markets open. The company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time on the same day to discuss the results.
Investors can access the conference call by dialing (877) 407-4018 (domestic) or (201) 689-8471 (international). An audio replay will be available until midnight on August 8, 2024, accessible by calling (844) 512-2921 (domestic) or (412) 317-6671 (international) with access code 13747656. Additionally, a webcast of the call will be available through Ladder Capital's Investor Relations website.
Ladder Capital Corp (NYSE: LADR) announced the pricing of a private offering of $500 million in 7.000% Senior Notes due 2031. The sale is expected to complete around July 5, 2024, subject to customary closing conditions. The Notes will be senior unsecured obligations of Ladder and guaranteed by its wholly-owned domestic subsidiaries. The proceeds will be used to repay certain secured debts and for general corporate purposes. Moody’s affirmed Ladder’s Ba1 rating, upgrading the Notes to Ba1, while Fitch and S&P Global Ratings both affirmed and revised their ratings to a positive outlook.