Summary
The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. This segment also invests in corporate bonds and equity securities. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, office buildings, student housing portfolios, hotels, industrial buildings, shopping center, and condominium units. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.
History
Ladder Capital was founded in 2008 by Brian Harris, a securities lawyer who had spent more than a decade working in the banking and finance industries. The company is headquartered in New York City. Ladder’s mission is to provide commercial real estate lenders, borrowers, and investors with capital and structured finance solutions.
Mission
Ladder Capital is dedicated to the efficient, transparent and innovative financing of our customers’ real estate investments. We strive to provide our partners with the capital needed to enhance the value of their investments.
Vision
At Ladder Capital, we strive to be the industry leader in providing our partners with customized, efficient and innovative financing solutions for their real estate investments. We strive to achieve this through a commitment to customer service and an emphasis on technology.
Key Team
Mr. Paul J. Miceli (Chief Financial Officer)
Ms. Kelly Amanda Porcella (Chief Admin. Officer, Gen. Counsel, Sec. & Head of ESG)
Mr. Lee Warshaw (Managing Director)
Mr. Marc Waldman (Managing Director)
Mr. Anthony V. Esposito (CAO & Principal Accounting Officer)
Ms. Michelle Wallach (Chief Compliance Officer, Sr. Regulatory Counsel)
Mr. Adam Siper (Head of Origination)
Recognition and Awards
Ladder has earned numerous awards throughout its existence, including the CFO Innovation Award for Excellence in Commercial Real Estate Finance, the Ernst & Young Entrepreneur of the Year Award and the Mortgage Bankers Association Top 25 Multifamily Lenders Award.
References