NEW YORK–(BUSINESS WIRE)–Ladder Capital Corp (“Ladder” or the “Company”) (NYSE:LADR) today
announced the declaration by its Board of Directors of a second quarter
2019 dividend of $0.34 per share of Class A common stock. The cash
dividend is payable on July 1, 2019 to stockholders of record as of the
close of business on June 10, 2019.
About Ladder
Ladder Capital Corp (NYSE:LADR) is an internally-managed commercial real
estate investment trust with over $6 billion of assets. Our investment
objective is to preserve and protect shareholder capital while producing
attractive risk-adjusted returns. As one of the nation’s leading
commercial real estate capital providers, we specialize in underwriting
commercial real estate and offering flexible capital solutions within a
sophisticated platform.
Ladder originates and invests in a diverse portfolio of commercial real
estate and real estate-related assets, focusing on senior secured
assets. Our investment activities include: (i) our primary business of
originating senior first mortgage fixed and floating rate loans
collateralized by commercial real estate with flexible loan structures;
(ii) investing in investment grade securities secured by first mortgage
loans on commercial real estate; and (iii) owning and operating
commercial real estate, including net leased commercial properties.
Founded in 2008, Ladder is run by a highly experienced management team
with extensive expertise in all aspects of the commercial real estate
industry, including origination, credit, underwriting, structuring,
capital markets and asset management. Led by Brian Harris, the Company’s
Chief Executive Officer, Ladder is headquartered in New York City with
regional offices in California and Florida.
Forward-Looking Statements
Certain statements in this release may constitute “forward-looking”
statements. These statements are based on management’s current opinions,
expectations, beliefs, plans, objectives, assumptions or projections
regarding future events or future results. These forward-looking
statements are only predictions, not historical fact, and involve
certain risks and uncertainties, as well as assumptions. Actual results,
levels of activity, performance, achievements and events could differ
materially from those stated, anticipated or implied by such
forward-looking statements. While Ladder believes that its assumptions
are reasonable, it is very difficult to predict the impact of known
factors, and, of course, it is impossible to anticipate all factors that
could affect actual results. There are a number of risks and
uncertainties that could cause actual results to differ materially from
forward-looking statements made herein including, most prominently, the
risks discussed under the heading “Risk Factors” in the Company’s Annual
Report on Form 10-K for the year ended December 31, 2018, as well as its
consolidated financial statements, related notes, and other financial
information appearing therein, and its other filings with the U.S.
Securities and Exchange Commission. Such forward-looking statements are
made only as of the date of this release. Ladder expressly disclaims any
obligation or undertaking to release any updates or revisions to any
forward-looking statements contained herein to reflect any change in its
expectations with regard thereto or changes in events, conditions, or
circumstances on which any such statement is based.
Contacts
Investor:
Ladder Capital Corp Investor Relations
(917)
369-3207
investor.relations@laddercapital.com
