Ladder Capital Corp Appoints Jeffrey Steiner to Its Board of Directors
July 23 2018 - 5:00PM
Business Wire
Ladder Capital Corp (“Ladder” or the “Company”) (NYSE:LADR)
today announced the appointment of Jeffrey Steiner to the Company’s
Board of Directors, effective immediately. Mr. Steiner will serve
on the Board’s Compensation Committee. With the appointment of Mr.
Steiner, Ladder’s Board now consists of seven directors, five of
whom are independent.
Mr. Steiner is a Partner at McDermott Will & Emery LLP, an
international law firm, and he brings more than 35 years of
experience in real estate, real estate finance and real estate
capital markets transactions. Mr. Steiner currently serves as the
Global Head of the Real Estate Finance Group of McDermott Will
& Emery and a member of the firm’s Management Committee. Given
his extensive corporate law experience, Mr. Steiner brings to the
Ladder Board significant expertise in executive management,
strategic development, and mergers and acquisitions, as well as a
deep understanding of reporting and compliance issues and the
capital needs of businesses.
“Jeff is one of the most highly regarded legal minds in our
industry and a pillar of the real estate community, and we are
excited to welcome him to the Company’s Board of Directors,” said
Alan H. Fishman, Non-Executive Chairman of Ladder’s Board of
Directors. “The Board unanimously agrees that he is highly
qualified, and we are excited to expand the Board and benefit from
his insights and expertise.”
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 equity. 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 with a West Coast office in Santa Monica.
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