LADR News & Events

"2025 was a pivotal year for Ladder, with the Company achieving investment grade credit ratings, reducing our cost of capital, and expanding our access to the unsecured corporate bond market. With a highly durable capital structure in place and growing momentum in loan originations, we are well-positioned to drive earnings growth and enhance shareholder value in 2026," said Brian Harris, Ladder's CEO.

Undepreciated book value per share was $13.71 as of September 30th, 2025. "In the third quarter, Ladder once again delivered strong earnings and an attractive ROE with modest leverage. We also saw our highest quarterly loan origination volume in over three years and successfully closed our inaugural $500 million investment grade bond offering. These results underscore our disciplined business model, conservative balance sheet, and ability to execute across market cycles. With a strong pipeline, ample liquidity, and access to the investment grade market, we are well-positioned to continue driving earnings growth and capitalize on opportunities ahead," said Brian Harris, Ladder's CEO.

Book value per share was $11.79 as of June 30, 2025. "We are very pleased to achieve investment grade status and complete our inaugural unsecured bond offering in the investment grade market," said Brian Harris, Ladder's CEO. "As the only investment grade mortgage REIT in the country, we believe our unique position - anchored by a diversified, highly liquid, senior secured asset base and a predominantly unsecured capital structure - sets us apart from both traditional mortgage and property REITs. With this strong foundation and a reduced cost of capital, we are very well-positioned to deploy capital into new investment opportunities, further expand our investor base, and deliver attractive, risk-adjusted returns in today's market."