Ladder Capital: Quality Has Its Price

EschCollection Ladder Capital Corporation (NYSE:LADR) managed to cover its dividend with distributable earnings in the second quarter and the commercial real estate investment trust maintained a stable book value on a YoY basis. Ladder Capital's book value stability is particularly impressive given that the office commercial real estate market is suffering economic pressure which just forced a dividend cut on Blackstone Mortgage Trust Inc. (BXMT). Ladder Capital's 8% yield also offers passive income investo ...