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Ladder Capital Reports Q3 Earnings Supported by Jacksonville Real Estate Sale

1 report, 1 independent Updated Sat 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Ladder Capital reported third-quarter 2026 distributable earnings of $44.7 million, or $0.35 per share, supported by a $31 million gain from selling a net-lease office campus in Jacksonville, Florida. The company also paid off its largest legacy office loan in Miami during the second quarter.

From themarketsdaily.com

Why it matters

Some supportBrind's analysis of the reports

The Jacksonville sale generated an 18% internal rate of return and was completed above the property’s carrying value. These transactions reflect Ladder’s effort to reduce legacy exposure while unlocking value from its real estate portfolio.

From themarketsdaily.com

Who's involved

  • LadderLife insurance company that sold the Jacksonville asset and paid off the Miami loan
  • HarrisChief Executive Officer of Ladder Capital Corp.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • LadderSpeculative

    Investors might see changes in the demand for Ladder Capital stock following the reported earnings and stock repurchase.

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The entities involved

Coverage

Newest first; wire copies grouped