Ladder Capital: A 9% Yield On Sale
Ladder Capital (NYSE: LADR ) submitted a weaker-than-expected earnings sheet for the first fiscal quarter last week that showed a drop-off in net interest income amid an effort to shrink the company's balance sheet and portfolio. While the REIT did notAnalyst’s Disclosure: I/we have a beneficial long position in the shares of LADR, STWD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other t ...