Ladder Capital Corp (“Ladder” or the “Company”) (NYSE:LADR) today announced the tax treatment of its 2015 Class A common stock dividend payments. For the tax year ended December 31, 2015 the tax treatment of distributions paid in respect of Class A common stock are as follows:

                                     

Record

   

Payable

    Distribution     Ordinary     Qualified     Capital     Unrecaptured 1250

Date

   

Date

    per Share     Dividends    

Dividends(2)

     Gain    

Gain (3)

4/6/2015

   

4/15/2015

   

0.25

    0.25     0.25            

6/15/2015

   

7/1/2015

   

0.25

    0.25     0.25            

9/10/2015

   

10/1/2015

   

0.275

    0.275     0.275            

12/10/2015

   

1/21/2016(1)

    

1.45

    1.3065     0.1562     0.1435     0.0203
     

Totals

    

2.225

    2.0815     0.9312     0.1435     0.0203

 

(1) The fourth quarter dividend paid on 1/21/2016 is considered a 2015 dividend for U.S. federal income tax purposes.

(2) For 2015, Qualified Dividends represents the portion of total Ordinary Dividends which constitutes "qualified dividend income", as defined by the Internal Revenue Code.

(3) For 2015, Unrecaptured 1250 Gain represents the portion of total Capital Gain which constitutes gain required to be taxed as "Unrecaptured Section 1250 Gain", as defined by the Internal Revenue Code.

About Ladder

Ladder is an internally-managed real estate investment trust that is a leader in commercial real estate finance. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Ladder’s investment activities include: (i) direct origination of commercial real estate first mortgage loans; (ii) investments in investment grade securities secured by first mortgage loans on commercial real estate; and (iii) investments in net leased and other commercial real estate. Founded in 2008, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. Led by Brian Harris, the Company’s Chief Executive Officer, Ladder is headquartered in New York City and has branches in Los Angeles and Boca Raton.