NEW YORK (AP) — NEW YORK (AP) — Ladder Capital Corp. (LADR) on Thursday reported profit of $19.2 million in its third quarter.
The New York-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 25 cents per share.
The commercial real estate mortgage origination and finance company posted revenue of $101.4 million in the period. Its adjusted revenue was $57.4 million.
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