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) 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.
Ladder Capital Corp (NYSE: LADR) has announced a second quarter 2024 dividend of $0.23 per share for holders of its Class A common stock.
This dividend will be paid on July 15, 2024, to shareholders who are on record as of June 28, 2024.
The decision was made by the company's board of directors.
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