Ladder Capital Corp reported a GAAP loss before taxes of $16.3 million and a diluted loss per share of $0.10 for the quarter ended December 31, 2020. Distributable earnings were $4.9 million, or $0.05 per share. The company raised substantial liquidity and delevered in 2020 and started writing new loans and making new investments in 2021.
GAAP loss before taxes for Q4 2020 was $16.3 million.
Q4 2020 diluted loss per share was $0.10.
Distributable earnings for Q4 2020 was $4.9 million.
Distributable EPS for Q4 2020 was $0.05.
Ladder Capital is focused on deploying liquidity from a position of strength in 2021.
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