Articles from Ladder Capital Corp

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the tax treatment of its 2024 Class A common stock dividend payments. For the tax year ended December 31, 2024, the tax treatment of distributions paid in respect of Class A common stock is as follows:

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its fourth quarter and full year 2024 results on Thursday, February 6, 2025 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSELADR), a leading diversified commercial real estate finance platform, recently closed and subsequently upsized a revolving credit facility (the “Credit Facility”) with commitments of $850 million. The Credit Facility has an “accordion” feature under which the Company may further increase the total borrowing availability to up to $1.25 billion. The Credit Facility replaced Ladder’s prior $324 million revolving credit facility, which had no balance drawn at the time the Credit Facility closed.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its board of directors of a fourth quarter 2024 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on January 15, 2025 to stockholders of record as of the close of business on December 31, 2024.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended September 30, 2024. GAAP income before taxes for the three months ended September 30, 2024 was $28.5 million, and diluted earnings per share (“EPS”) was $0.22. Distributable earnings was $37.7 million, or $0.30 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its third quarter 2024 results on Thursday, October 24, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its board of directors of a third quarter 2024 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on October 15, 2024 to stockholders of record as of the close of business on September 30, 2024.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended June 30, 2024. GAAP income before taxes for the three months ended June 30, 2024 was $31.0 million, and diluted earnings per share (“EPS”) was $0.26. Distributable earnings was $40.4 million, or $0.31 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its second quarter 2024 results on Thursday, July 25, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSELADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP (the “Issuer”) and Ladder Capital Finance Corporation (the “Co-Issuer” and collectively with the Issuer, the “Issuers”), have priced a private offering of $500 million in aggregate principal amount of 7.000% Senior Notes due 2031 (the “Notes”). The sale of the Notes is expected to be completed on or about July 5, 2024, subject to customary closing conditions. The Notes will be the Issuers’ senior unsecured obligations and will be guaranteed on a senior unsecured basis by the Company and each of the Issuers’ wholly owned domestic subsidiaries that guarantees the Issuers’ outstanding notes.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its board of directors of a second quarter 2024 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on July 15, 2024 to stockholders of record as of the close of business on June 28, 2024.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended March 31, 2024. GAAP income before taxes for the three months ended March 31, 2024 was $18.4 million, and diluted earnings per share (“EPS”) was $0.13. Distributable earnings was $42.3 million, or $0.33 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its first quarter 2024 results on Thursday, April 25, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its board of directors of a first quarter 2024 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on April 15, 2024 to stockholders of record as of the close of business on March 28, 2024.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter and year ended December 31, 2023. GAAP income before taxes for the three months ended December 31, 2023 was $18.4 million, and diluted earnings per share (“EPS”) was $0.15. Distributable earnings was $40.0 million, or $0.32 of distributable EPS. GAAP income before taxes for the year ended December 31, 2023 was $104.7 million, and diluted earnings per share (“EPS”) was $0.81. Distributable earnings was $167.7 million, or $1.34 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its fourth quarter and full year 2023 results on Thursday, February 8, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the tax treatment of its 2023 Class A common stock dividend payments. For the tax year ended December 31, 2023, the tax treatment of distributions paid in respect of Class A common stock is as follows:

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its board of directors of a fourth quarter 2023 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on January 16, 2024 to stockholders of record as of the close of business on December 29, 2023.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended September 30, 2023. GAAP income before taxes for the three months ended September 30, 2023 was $34.3 million, and diluted earnings per share (“EPS”) was $0.25. Distributable earnings was $39.0 million, or $0.31 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its third quarter 2023 results on Thursday, October 26, 2023 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a third quarter 2023 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on October 16, 2023 to stockholders of record as of the close of business on September 29, 2023.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended June 30, 2023. GAAP income before taxes for the three months ended June 30, 2023 was $28.1 million, and diluted earnings per share (“EPS”) was $0.23. Distributable earnings was $41.5 million, or $0.33 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its second quarter 2023 results on July 26, 2023 after the close of markets that day. The Company will host a conference call and webcast for investors at 4:30 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a second quarter 2023 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on July 17, 2023 to stockholders of record as of the close of business on June 30, 2023.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended March 31, 2023. GAAP income before taxes for the three months ended March 31, 2023 was $23.9 million, and diluted earnings per share (“EPS”) was $0.18. Distributable earnings was $47.2 million, or $0.38 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its first quarter 2023 results on April 27, 2023 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (NYSELADR) (“Ladder” or the “Company”) today announced that it has filed a new universal shelf registration statement on Form S-3 (the “New Shelf”) with the U.S. Securities and Exchange Commission (“SEC”) to replace its expired shelf registration statement originally filed with the SEC on March 16, 2020.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a first quarter 2023 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on April 17, 2023 to stockholders of record as of the close of business on March 31, 2023.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended December 31, 2022. GAAP income before taxes for the three months ended December 31, 2022 was $75.3 million, and diluted earnings per share (“EPS”) was $0.48. Distributable earnings was $38.9 million, or $0.31 of distributable EPS. GAAP income before taxes for the twelve months ended December 31, 2022 was $170.2 million, and diluted earnings per share was $1.13. Distributable earnings was $148.4 million or $1.16 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its fourth quarter 2022 results on February 9, 2023 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the tax treatment of its 2022 Class A common stock dividend payments. For the tax year ended December 31, 2022, the tax treatment of distributions paid in respect of Class A common stock is as follows:

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a fourth quarter 2022 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on January 17, 2023 to stockholders of record as of the close of business on December 31, 2022.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended September 30, 2022. GAAP income before taxes for the three months ended September 30, 2022 was $31.3 million, and diluted earnings per share (“EPS”) was $0.23. Distributable earnings was $34.3 million, or $0.27 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its third quarter 2022 results on October 27, 2022 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a third quarter 2022 dividend of $0.23 per share of Class A common stock, representing a $0.01 per share increase in Ladder's quarterly cash dividend. The cash dividend is payable on October 17, 2022 to stockholders of record as of the close of business on September 30, 2022.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended June 30, 2022. GAAP income before taxes for the three months ended June 30, 2022 was $45.8 million, and diluted earnings per share (“EPS”) was $0.28. Distributable earnings was $43.7 million, or $0.34 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its second quarter 2022 results on July 28, 2022 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a second quarter 2022 dividend of $0.22 per share of Class A common stock, representing a 10% increase in Ladder's quarterly cash dividend. The cash dividend is payable on July 15, 2022 to stockholders of record as of the close of business on June 30, 2022.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) announced an improved outlook by S&P Global Ratings (“S&P”) last week. On April 27, 2022, S&P revised Ladder’s outlook to Positive from Stable. According to S&P, the outlook improvement is based, in part, on Ladder’s stable operating performance, asset quality, existing funding mix and liquidity profile. S&P also affirmed Ladder’s issuer credit rating and senior unsecured debt rating at BB-.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended March 31, 2022. GAAP income before taxes for the three months ended March 31, 2022 was $17.8 million, and diluted earnings per share (“EPS”) was $0.15. Distributable earnings was $31.5 million, or $0.25 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its first quarter 2022 results on April 28, 2022 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a first quarter 2022 dividend of $0.20 per share of Class A common stock. The cash dividend is payable on April 15, 2022 to stockholders of record as of the close of business on March 31, 2022.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended December 31, 2021. GAAP income before taxes for the three months ended December 31, 2021 was $29.3 million, and diluted earnings per share (“EPS”) was $0.22. Distributable earnings was $27.7 million, or $0.21 of distributable EPS. GAAP income before taxes for the twelve months ended December 31, 2021 was $57.8 million, and diluted earnings per share was $0.45. Distributable earnings was $61.3 million, or $0.49 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its fourth quarter 2021 results on February 10, 2022 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the tax treatment of its 2021 Class A common stock dividend payments. For the tax year ended December 31, 2021, the tax treatment of distributions paid in respect of Class A common stock is as follows:

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a fourth quarter 2021 dividend of $0.20 per share of Class A common stock. The cash dividend is payable on January 18, 2022 to stockholders of record as of the close of business on December 31, 2021.

Ladder Capital Corp (NYSELADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter ended September 30, 2021. GAAP income before taxes for the three months ended September 30, 2021 was $18.7 million, and diluted earnings per share (“EPS”) was $0.15. Distributable earnings was $17.0 million, or $0.14 of distributable earnings per share.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its third quarter 2021 results on October 28, 2021, after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a third quarter 2021 dividend of $0.20 per share of Class A common stock. The cash dividend is payable on October 15, 2021 to stockholders of record as of the close of business on September 30, 2021.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) today announced operating results for the quarter ended June 30, 2021. GAAP income before taxes for the three months ended June 30, 2021 was $10.1 million, and diluted earnings per share (“EPS”) was $0.08. Distributable earnings was $13.4 million, or $0.10 of distributable earnings per share.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its second quarter 2021 results on July 29, 2021 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) today announced the declaration by its Board of Directors of a second quarter 2021 dividend of $0.20 per share of Class A common stock. The cash dividend is payable on July 15, 2021 to stockholders of record as of the close of business on June 30, 2021.

Ladder Capital Corp (“Ladder,” the “Company” or “our”) (NYSELADR) announced that, yesterday, its subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation, priced a private offering of $650 million in aggregate principal amount of 4.750% Senior Notes due 2029 (the “Notes”), which represents a $250 million upsize from the previously announced size of the offering and a tighter pricing than the initial range. The sale of the Notes is expected to be completed on or about June 23, 2021, subject to customary closing conditions.

Ladder Capital Corp (“Ladder,” the “Company” or “our”) (NYSELADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation (collectively, the “Issuers”), have priced a private offering of $650 million in aggregate principal amount of 4.750% Senior Notes due 2029 (the “Notes”), which represents a $250 million increase from the previously announced size of the offering. The sale of the Notes is expected to be completed on or about June 23, 2021, subject to customary closing conditions. The Notes will be the Issuers’ senior unsecured obligations and will be guaranteed on a senior unsecured basis by the Company and each of the Issuers’ wholly owned domestic subsidiaries that guarantees their outstanding notes.

Ladder Capital Corp (“Ladder” or the “Company”) (NYSELADR) announced a credit ratings upgrade and improved outlook by S&P Global (“S&P”) earlier today. Ladder now has a long-term senior unsecured rating of BB- from S&P.

Ladder Capital Corp (“Ladder,” the “Company” or “our”) (NYSELADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation (collectively, the “Issuers”), have launched a private offering of $400 million in aggregate principal amount of Senior Notes due 2029 (the “Notes”). The Notes will be the Issuers’ senior unsecured obligations and will be guaranteed on a senior unsecured basis by the Company and each of the Issuers’ wholly owned domestic subsidiaries that guarantees their outstanding notes.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) today announced operating results for the quarter ended March 31, 2021. GAAP loss before taxes for the three months ended March 31, 2021 was $0.3 million, and diluted earnings per share was $0.00. Distributable earnings was $3.2 million, or $0.04 of distributable EPS.

Ladder Capital Corp (NYSELADR) (“we,” “Ladder,” or the “Company”) will release its first quarter 2021 results on May 6, 2021 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.