Ladder Capital Corp (LADR)

Ladder Capital Corp. is a holding company, which engages in the provision of commercial real estate finance services. It operates through the following segments: Loans, Securities, Real Estate, and Corporate and Other. The Loans segment includes mortgage loan receivables held for investment and mortgage loan receivables held for sale. The Securities segment consists of all the company's activities related to securities, as well as investments in commercial mortgage-backed securities, United States agency securities, corporate bonds, and equity securities. The Real Estate segment is involved in the net leased properties, office buildings, student housing portfolios, hotels, industrial buildings, shopping centers, and condominium units. The Corporate and Other segment represents the company's investments in joint ventures, other asset management activities, and operating expenses. The company was founded by Pamela McCormack, Robert Perelman, and Brian Harris in October 2008 and is headquartered in New York, NY.

Address

320 PARK AVENUE, 15TH FLOOR
NEW YORK, NY 10022

Founded

2008

Number of Employees

59

Website

http://www.laddercapital.com

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )		 - - $4,651 - - $637 $3,030 $95 $640 $196 $669 $1,417
Average Price - - $10.88 - - $15.90 $7.89 $11.23 $10.27 $10.33 $10.78 $9.88
# Shares Purchased - - 427,532 - - 40,065 384,251 8,500 62,300 19,000 62,100 143,393
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - 10.3% - - -24.5% 52.2% 6.9% 16.8% 16.2% 11.3% 21.4%
S&P 500 Return to Date - - 168.6% - - 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 63.5%
Excess Total Return - - -158.3% - - -117.6% -22.7% -24.8% -20.4% -15.2% 3.9% -42.0%
Quartile Rank
Percentile Rank - - 35% - - 21% 57% 51% 61% 56% 64% 56%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

Insider Transactions

Filters

Keyboard Shortcuts: Show (a) | Close (Esc)

People also followed
KKR Real Estate Finance Trust Inc.
PERELMAN ROBERT

Ladder Capital Corp
MAZZEI MICHAEL

BrightSpire Capital, Inc.
HARNEY THOMAS

Ladder Capital Corp