Ladder Capital (LADR) Tops Q2 EPS by 3c

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Ladder Capital Corp Reports Second Quarter 2015 Results and Announces Cash Dividend Increase

August 5, 2015 4:10 PM EDT

Financial Highlights

Generated second quarter Core Earnings of $52.1 million Core EPS of $0.51 for the second quarter of 2015 (Basic EPS on a GAAP basis of $0.68) Originated over $1.0 billion of commercial mortgage loans, including $740.3 million of mortgage loans held for sale and $275.6 million of mortgage loans held for investment, and made $37.0 million of net leased and other equity investments during the quarter Contributed $486.9 million of loans to 2 securitization transactions in the second quarter of 2015 (completed 4 securitizations in the first half of 2015)... More