Discontinued — last reported Q3 '23
Ladder Capital West — Mortgage loans receivable decreased by 3.7% to $333.52M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 24.9%, from $444.33M to $333.52M.
An increase indicates growth in the company's Western loan portfolio, while a decrease suggests portfolio runoff, repayment, or a strategic reduction in regional exposure.
This metric represents the total outstanding principal balance of first mortgage loans secured by commercial real estate...
Comparable to regional commercial real estate loan portfolio balances reported by other REITs or mortgage lenders with geographic segment disclosures.
ladr_segment_west_mortgage_loans_receivable| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $415.28M | $391.66M | $530.60M | $491.06M | $505.37M | $444.33M | $416.56M | $364.44M | $346.37M | $333.52M |
| QoQ Change | — | -5.7% | +35.5% | -7.5% | +2.9% | -12.1% | -6.3% | -12.5% | -5.0% | -3.7% |
| YoY Change | — | — | — | — | +21.7% | +13.4% | -21.5% | -25.8% | -31.5% | -24.9% |