LADR - Ladder Capital Corp

NYSE - NYSE Delayed Price. Currency in USD

Ladder Capital Corp

345 Park Avenue
8th Floor
New York, NY 10154
United States
212-715-3170
http://www.laddercapital.com

SectorReal Estate
IndustryREIT - Diversified
Full Time Employees74

Key Executives

NameTitlePayExercisedYear Born
Mr. Brian Richard HarrisCEO & DirectorN/AN/A1960
Ms. Pamela L. McCormackCo-Founder & PresN/AN/A1971
Mr. Marc Alan Fox M.B.A.CFO and Head of Merchant Banking & Capital Markets1.2MN/A1960
Mr. Robert M. PerelmanHead of Asset Management1.03MN/A1962
Mr. Kevin Patrick MoclairChief Accounting OfficerN/AN/A1973
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ladder Capital Corp operates as a real estate investment trust in the United States. The company 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 and the U.S. Agency Securities. This segment also invests in corporate bonds and real estate related equity investments. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, student housing portfolio, industrial buildings, office 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. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.

Corporate Governance

Ladder Capital Corp’s ISS Governance QualityScore as of April 1, 2019 is 10. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 8; Compensation: 10.

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 a 10 indicates higher governance risk.