Ladder Capital Firing On All Cylinders
- LADR has delivered strong results in 2018 and today I will take a closer look at the latest earnings results, and provide all shareholders with a much-needed victory lap.
- I favor internal management versus external management in the REIT sector, and LADR has proven that it can out-perform peers by maintaining a nimble and disciplined strategy.
- It’s awfully satisfying when we get a ‘Strong Buy pick’ right and LADR has exceeded beyond our expectations.
Last December I wrote an article titled, Management Does Matter, Here’s Why I Love Ladder. Of course, I was referring to the commercial mortgage REIT, Ladder Capital (LADR). If you read the article, you may recall that I upgraded LADR to a Strong Buy, as I explained: