Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) Delaware 80-0925494 (Sta ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) Delaware 80-0925494 (State or ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|---------------|-------|---------------------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | JUNE 30, 2021 | | SUPPLEMENTAL DATA FOR THE QUARTER ENDED | | | | | | NYSE: | | LADR | | | | A Leading Commercial Real Estate Investment Trust | | | S-0 DISCLAIMERS S-1 This presentation contains forward-looking statements regarding possibl ...

Ladder Capital Corp (NYSE:LADR) Q2 2021 Earnings Conference Call July 29, 2021 5:00 PM ET Company Participants Pamela McCormack – Founder and President Paul Miceli – Chief Financial Officer Brian Harris – Founder and Chief Executive Officer Adam Siper – Head of Origination Conference Call Participants Tim Hayes – BTIG Stephen Laws – Raymond James Jade Rahmani – KBW Steve Delaney – JMP Securities Operator Good afternoon, and welcome to Ladder Capital Corp’s Earnings Call for the Second Quarter of 2021. After ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) Delaware 80-0925494 (State o ...

Ladder Capital Corp. (NYSE:LADR) Q4 2020 Earnings Conference Call February 25, 2021 5:00 PM ET Company Participants Michelle Wallach - Senior Regulatory Counsel Brian Harris - Chief Executive Officer Pamela McCormack - President Marc Fox - Chief Financial Officer Paul Miceli - Director of Finance and Chief Financial Officer Conference Call Participants Tim Hayes - BTIG Randy Binner - B. Riley Charlie Arestia - JPMorgan Jade Rahmani - KBW Operator Greetings. Welcome to Ladder Capital Corp. Fourth Quarter 202 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) Delaware 80-0925494 (State or oth ...

Ladder Capital Corp (NYSE:LADR) Q3 2020 Earnings Conference Call October 29, 2020 5:00 PM ET Company Participants Michelle Wallach - Chief Compliance Officer & Senior Regulatory Counsel Pamela McCormack - President Marc Fox - Chief Financial Officer Brian Harris - Chief Executive Officer Rob Perelman - Head of Asset Management Conference Call Participants Steve Delaney - JMP Securities Charlie Arestia - JP Morgan Jade Rahmani - KBW Operator Thank you for standing by. This is the conference operator. Welcome ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 (Address of principal executive offices) (IRS Employer Identification No.) (Zip Code) (212) 715-317 ...

Financial Data and Key Metrics Changes - For Q2 2020, the company reported core earnings of $12.8 million or $0.12 per share, excluding a $16.9 million COVID-related adjustment [8][33] - The undepreciated book value per share increased by $0.16 from the prior quarter to $14.17 per share [8] - The adjusted leverage ratio was reduced to 3.09 times, reflecting over $800 million of cash on hand [30] Business Line Data and Key Metrics Changes - The loan portfolio accounts for 44% of total assets, with over 150 loans averaging $19 million each, maintaining a 98% collection rate in July [16][17] - The securities portfolio was reduced by 22% or $424 million during the quarter, with a current valuation of $1.5 billion [22] - The real estate portfolio, predominantly triple net lease properties, reported a 100% collection rate in July [24] Market Data and Key Metrics Changes - The company reduced mark-to-market debt by $1.1 billion or 39%, and total debt outstanding was reduced by $727 million [11][30] - The company has limited exposure to hotel and retail loans, comprising only 14% and 8% of the balance sheet loan portfolio respectively [21] Company Strategy and Development Direction - The company aims to strengthen its balance sheet by increasing liquidity and reducing leverage, with over $750 million of unrestricted cash available [14][11] - The focus is on redeploying capital into commercial real estate investments and new loans, particularly in high-quality stabilized assets [12][13] - The company plans to monitor macroeconomic conditions and investment opportunities, seeking compelling risk-reward dynamics [26] Management's Comments on Operating Environment and Future Outlook - Management remains cautious but optimistic about future opportunities arising from the current crisis, expecting a severe recession lasting about a year [27][44] - The company anticipates a gradual return of condo lending on high-quality assets, which should enhance interest income [13] - Management acknowledges the uncertainty surrounding the economic recovery, influenced by factors such as government actions, job losses, and the pandemic's trajectory [43][44] Other Important Information - The company paid a dividend of $0.20 per share in Q2 [36] - The weighted average loan-to-value (LTV) ratio is 68%, indicating significant equity investment from borrowers [17] Q&A Session Summary Question: Dividend sustainability given core EPS below dividend level - Management is comfortable with the current dividend level and does not plan to adjust it despite current earnings [66] Question: Impact of occupancy rate drop in diversified real estate portfolio - Hotels and retail are the hardest hit, while industrial and apartments are performing well; management is optimistic about future occupancy recovery [71][72] Question: Outlook for transaction activity in the second half of the year - Management expects a cautious approach to deploying capital, with a focus on being a borrower rather than a lender in the current market [84] Question: Viability of the commercial mortgage re-business model - Management believes that levered returns need to settle around 7% to 8% for the model to remain viable, given current market conditions [120] Question: Implications of asset sales at 96% of par for credit profile - Management clarifies that asset sales were strategic and did not indicate distress; the company maintains a strong credit profile with significant cash reserves [124][126]