Ladder Capital Corp (NYSE:LADR) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
(d) Exhibits
99.1Press release of Ladder Capital Corp dated August 2, 2017.
Ladder Capital Corp ExhibitEX-99.1 2 a51617139ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 Ladder Capital Corp Reports Second Quarter 2017 Results Financial Highlights GAAP disclosures for the second quarter: GAAP Income before Taxes of $12.0 million and Diluted EPS of $0.13 After-Tax GAAP Return on Average Equity of 3.9% GAAP Book Value per Share of $13.10 at June 30,…To view the full exhibit click here
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.