Ladder Capital reports Q2 distributable EPS 23c, consensus 22c

Book value per share was $11.79 as of June 30, 2025. “We are very pleased to achieve investment grade status and complete our inaugural unsecured bond offering in the investment grade market,” said Brian Harris, Ladder’s CEO. “As the only investment grade mortgage REIT in the country, we believe our unique position – anchored by a diversified, highly liquid, senior secured asset base and a predominantly unsecured capital structure – sets us apart from both traditional mortgage and property REITs. With this strong foundation and a reduced cost of capital, we are very well-positioned to deploy capital into new investment opportunities, further expand our investor base, and deliver attractive, risk-adjusted returns in today’s market.”