Ladder Capital (LADR) Q4 2025 Earnings Transcript

The second half of the year was particularly strong, with nearly $950 million in new loan originations representing our best two-quarter performance in over three years. During the fourth quarter alone, we made over $870 million in new investments, including over $400 million in securities, a $25.8 million equity investment, and more than $430 million in new loans, at a weighted average spread of 340 basis points. At year-end, our loan portfolio totaled $2.2 billion, representing 42% of total assets. Our in ...