Ladder Capital Secures $675 Million in New Unsecured Capital Commitments, Expands Revolver Capacity to $1.25 Billion

Ladder Capital Corp has secured $675 million in new unsecured capital commitments, including a $400 million expansion of its revolving credit facility to $1.25 billion and a $275 million unsecured delayed draw term loan facility. The additional borrowing capacity strengthens Ladder's position as the only commercial mortgage REIT able to operate independently of third-party secured financing and CLO markets. The company plans to deploy the capital to fund its growing origination pipeline.