LADDER CAPITAL CORP CLASS A (LADR)
Financials · Commercial Real Estate Finance / REIT Lending · NYSE
Ladder Capital is an internally-managed REIT specializing in senior secured commercial real estate lending, conduit loan origination for CMBS securitization, and real estate ownership.
What LADDER CAPITAL CORP CLASS A does
Ladder Capital is an internally-managed real estate investment trust (REIT) that originates and invests in senior secured commercial real estate loans, securities, and properties. The company operates three complementary business segments: balance sheet lending (first mortgage loans on transitional commercial properties), conduit lending (loans for securitization into CMBS), and securities investments and real estate ownership. Since its founding in 2008, Ladder has originated $31.3 billion in commercial real estate loans and acquired $16.0 billion in investment-grade securities secured by first mortgage loans.
Themes: ["Commercial real estate finance","CMBS securitization","Real estate lending","Senior secured assets","Net leased properties"]
Fundamentals
- Price$9.70 as of 2026-07-09 close
- Market cap$1.2B as of 2026-07-10
- 1-year return-12.5% as of 2026-07-09 close
- P/E22.51 as of 2026-07-10
- Net margin+13.8% as of 2026-07-10
- Gross margin+54.3% as of 2026-07-10
- ROE+3.7% as of 2026-07-10
- Debt / equity2.78 as of 2026-07-10
- Revenue growth (YoY)-16.0% as of 2026-07-10
- Beta1.02 as of 2026-07-10
Dividend: yield +9.5%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Decline in commercial real estate values and market volatility driven by interest rate changes, inflation, and economic recession risks; geopolitical uncertainty and trade tensions impacting capital markets and commercial real estate.","Credit losses on loan portfolio due to borrower defaults, tenant defaults, property underperformance, and natural disasters; adequacy of loan loss reserves and collateral value declines.","Interest rate and duration mismatches between assets and borrowings; prepayment rate changes on mortgages affecting reinvestment and returns; financing availability and cost constraints."]
Competitors & peers
- Blackstone Mortgage Trust (BRG)
- Grammercy Property Trust (GRMY)
- TPG RE Finance Trust (TRTX)
- Starwood Property Trust (STWD)
- Invesco Mortgage Capital (IVR)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.