Ladder Capital Corp: directors' dealings · United States · SEC (Form 4)

About Ladder Capital Corp

Ladder Capital Corp (NYSE: LADR) is a U.S.-listed commercial real estate finance company based in the United States. Founded in 2008, the firm has built a differentiated platform focused on middle-market commercial real estate lending and balance-sheet investing. For French-speaking investors looking at the company from an international equity perspective, Ladder should be understood less as a traditional property owner and more as a capital-allocation and credit platform spanning the commercial real estate capital stack. Its core activity is originating fixed- and floating-rate first mortgage loans secured by commercial properties across the major asset classes. In addition to lending, Ladder owns and operates income-producing real estate, primarily net-leased assets, and invests in highly rated securities backed by commercial mortgage loans. The company also provides tailored debt and equity solutions. This mix gives Ladder multiple sources of earnings: net interest income from credit investments, net operating income from real estate, and portfolio income from securities. Ladder emphasizes a conservative, durable capital structure and an internally managed operating model. That matters competitively because it supports faster decision-making, stronger alignment with management, and a reputation for certainty of execution. The company has also highlighted meaningful insider ownership, which is often viewed favorably by institutional investors because it aligns leadership with shareholders. Management has said Ladder has invested more than $51 billion since inception and originated loans in over 475 cities across 48 states, underscoring a broad U.S. footprint rather than reliance on a single region. The company is headquartered in New York City, United States, with a regional office in Miami, Florida. Its geographic exposure is national, and management has recently pointed to a continued focus on multifamily and industrial properties, while reducing office exposure. In competitive terms, Ladder stands out among commercial mortgage REITs for its “balance-sheet first” approach, its ability to operate with less dependence on secured financing and CLO markets, and its emphasis on senior secured assets and disciplined underwriting. Recent developments are important for investors. In January 2025, Ladder announced an upsized $850 million revolving credit facility to lower borrowing costs and enhance liquidity. More recently, its 2025 disclosures highlighted the achievement of investment-grade credit ratings, a meaningful milestone that should improve funding flexibility and broaden access to the unsecured bond market. In late 2025, the company also reported higher annual loan origination volume than in 2024 and further emphasized the strength of its unsecured funding base. Overall, Ladder Capital presents itself as a disciplined, yield-oriented commercial real estate finance platform with a national U.S. franchise and sensitivity to credit markets, real estate fundamentals, and interest-rate conditions.