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Ladder Capital Corp (LADR)

NYSE - NYSE Delayed price. Currency in USD
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10.52+0.04 (+0.38%)
At close: 04:00PM EDT
10.64 +0.12 (+1.14%)
After hours: 05:34PM EDT

Ladder Capital Corp

320 Park Avenue
15th Floor
New York, NY 10022
United States
212 715 3170
https://www.laddercapital.com

Sector(s)Real Estate
IndustryREIT - Mortgage
Full-time employees59

Key executives

NameTitlePayExercisedYear born
Mr. Brian Richard HarrisFounder, CEO & Director7.79MN/A1960
Ms. Pamela Lynn McCormackFounder, President & Director3.57MN/A1970
Mr. Robert M. PerelmanFounder & Head of Asset Management1.16MN/A1962
Mr. Paul A. MiceliChief Financial Officer1.33MN/A1979
Ms. Kelly Amanda PorcellaChief Administrative Officer, General Counsel, Secretary & Head of ESG909kN/A1981
Mr. Anthony V. EspositoChief Accounting Officer & Principal Accounting OfficerN/AN/A1980
Mr. Michael CafaroChief Technology OfficerN/AN/AN/A
Ms. Michelle WallachChief Compliance Officer, Senior Regulatory CounselN/AN/AN/A
Mr. Adam SiperHead of OriginationN/AN/AN/A
Mr. Michael ScarolaChief Credit OfficerN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. It operates through three segments: Loans, Securities, and Real Estate. 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, U.S. treasury and agency, 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. The company was founded in 2008 and is headquartered in New York, New York.

Corporate governance

Ladder Capital Corp’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 1; Board: 9; Shareholder rights: 8; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.