Ladder Capital Corp (NYSE:LADR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On May9, 2017, Howard Park resigned from the Board of Directors
of Ladder Capital Corp (the Company), including all committees
thereof, effective as of such date. The Company is extremely
grateful to Mr.Park for his service to the Company and its
stockholders.
The Company issued a press release regarding the foregoing on
May12, 2017, a copy of which is filed herewith as Exhibit99.1 and
incorporated herein by reference.
Item 9.01. Financial Statements and
Exhibits.
(d) Exhibits
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Exhibit No. |
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DescriptionofExhibit |
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99.1 |
Press Release |
About Ladder Capital Corp (NYSE:LADR)
Ladder Capital Corp is a commercial real estate finance company. The Company’s segments include loans, securities and real estate. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans). The securities segment comprises all of the Company’s activities related to commercial real estate securities, which include investments in commercial mortgage-backed securities (CMBS) and United States Agency Securities. The real estate segment includes net leased properties, office buildings, a warehouse and condominium units. The Company invests primarily in loans, securities and other interests in the United States commercial real estate, with a focus on senior secured assets. The Company owns approximately 100 single tenant net leased properties. In addition, the Company owns approximately 30 other properties. Ladder Capital Corp (NYSE:LADR) Recent Trading Information
Ladder Capital Corp (NYSE:LADR) closed its last trading session down -0.26 at 14.10 with 377,576 shares trading hands.
