Business
S&P Upgrades Ladder Credit Rating to 'BB+'
NEW YORK, January 21, 2026--Ladder Capital Corp ("Ladder," the "Company," "we" or "our") (NYSE: LADR), a leading commercial real estate finance REIT, announced today that S&P Global Ratings ("S&P") raised its ratings on Ladder's subsidiary issuers and unsecured notes to 'BB+' from 'BB' and also assigned a 'BB+' issuer credit rating to Ladder Capital Corp. The outlook is stable.
About this update from S&p Global Inc.
[{"type":"text","content":"NEW YORK, January 21, 2026--(BUSINESS WIRE)--Ladder Capital Corp ("Ladder," the "Company," "we" or "our") (NYSE: LADR), a leading commercial real estate finance REIT, announced today that S&P Global Ratings ("S&P") raised its ratings on Ladder's subsidiary issuers and unsecured notes to 'BB+' from 'BB' and also assigned a 'BB+' issuer credit rating to Ladder Capital Corp. The outlook is stable.","length":483,"tagName":"p"},{"type":"text","content":"S&P cited several factors in the upgrade, including the Company's improved leverage profile, strong business diversification across segments which helped limit losses in recent years, ample liquidity, and a largely unsecured capital structure.","length":251,"tagName":"p"},{"type":"text","content":"In 2025, the Company became the only investment grade-rated mortgage REIT, with Baa3 and BBB- ratings from Moody's Ratings and Fitch Ratings, respectively, both with a stable outlook.","length":187,"tagName":"p"},{"type":"text","content":""We are pleased with this recognition from S&P, which moves us one step closer to attaining investment grade ratings from all three major rating agencies," said Brian Harris, Ladder's Chief Executive Officer. "This upgrade highlights the strength of our disciplined approach to managing leverage, maintaining liquidity, and diversifying our asset base. These principles have allowed us to mitigate risk while positioning Ladder to deploy capital efficiently and deliver attractive, risk-adjusted returns. As the only company in our space with a largely unsecured capital structure, we are well-positioned to act decisively and provide certainty of execution for our clients."","length":703,"tagName":"p"},{"type":"text","content":"About Ladder Ladder is a publicly listed, investment grade-rated commercial real estate finance company with a diversified, nationwide platform. We deliver tailored capital solutions across the commercial real estate landscape, with a focus on the middle market. Our investment objective is to preserve and protect shareholder capital while generating attractive, risk-adjusted returns.","length":387,"tagName":"p"},{"type":"text","content":"Since our founding in 2008, Ladder has deployed more than $49 billion of capital...