Ladder Capital Corp. has raked in a total of $675 million in unsecured capital.
One of them includes a draw term loan facility that allows up to $275 million in permitted borrowings. This is priced 140 basis points over the secured overnight floating rate, with a full extended maturity through February 20, 2030 and a draw period through February 20, 2027.
The other part of the capital comes via Ladder's unsecured revolving credit facility capacity, which has now been expanded by $400 million to $1.25 billion. The facility is priced 125 basis points over the SOFR.
The commercial real estate finance REIT said it is planning to invest the capital into its origination strategy.
"Having originated over $1.3 billion in loans since June 30, 2025, this capital strengthens our ability to continue expanding our loan originations, delivering tailored solutions to our clients and driving earnings growth for our shareholders," Brian Harris, Ladder's CEO, said in a statement.
"We thank our existing lending partners for their continued support and are pleased to welcome new participants to the syndicate."
On the two transactions, a total of 13 lenders participated, with JPMorgan Chase Bank, N.A. acting as the administrative and collateral agent for the amended credit facility. Kirkland & Ellis LLP served as the legal counsel for Ladder.
Founded in 2008, Ladder has deployed more than $50 billion across real estate.
In the fourth quarter of 2025, commercial mortgage originations surged by 30 percent year-over-year, according to Reggie Booker, associate vice president of commercial/multifamily research at the Mortgage Bankers Association.
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