Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) announced an improved outlook by S&P Global Ratings (“S&P”) last week. On April 27, 2022, S&P revised Ladder’s outlook to Positive from Stable. According to S&P, the outlook improvement is based, in part, on Ladder’s stable operating performance, asset quality, existing funding mix and liquidity profile. S&P also affirmed Ladder’s issuer credit rating and senior unsecured debt rating at BB-.
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