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Commercial real estate finance company Ladder Capital files for a $200 million IPO

December 24, 2013

Ladder Capital, a commercial real estate mortgage origination and finance company, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company, which was founded in 2013 and booked $322 million in sales for the 12 months ended September 30, 2013, plans to list on the NYSE under the symbol LADR. Ladder Capital initially filed confidentially on June 28, 2013. Deutsche Bank, Citi, Wells Fargo Securities, BofA Merrill Lynch and JP Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.