Ladder Capital Real estate operating expenses increased by 12.4% to $11.26M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.4%, from $8.77M to $11.26M. Over 4 years (FY 2021 to FY 2025), Real estate operating expenses shows an upward trend with a 11.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses relative to property income may indicate aging assets or inefficient property management.
Costs directly associated with the management, maintenance, and operation of owned real estate assets. This includes pro...
Standard for REITs; compared against property revenue to determine net operating income margins.
other_real_estate_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.35M | $6.96M | $6.64M | $8.99M | $9.87M | $10.07M | $9.68M | $9.85M | $9.77M | $9.46M | $8.52M | $9.15M | $11.03M | $10.75M | $9.64M | $8.77M | $10.27M | $11.42M | $10.02M | $11.26M |
| QoQ Change | — | +9.7% | -4.6% | +35.4% | +9.7% | +2.0% | -3.9% | +1.8% | -0.8% | -3.2% | -9.9% | +7.4% | +20.6% | -2.6% | -10.4% | -9.0% | +17.1% | +11.3% | -12.3% | +12.4% |
| YoY Change | — | — | — | — | +55.5% | +44.6% | +45.7% | +9.5% | -1.0% | -6.1% | -12.0% | -7.1% | +13.0% | +13.7% | +13.2% | -4.2% | -7.0% | +6.3% | +4.0% | +28.4% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Real Estate | $11.03M | $10.75M | $9.64M | $8.77M | $10.27M | $11.42M | $10.02M | $11.26M |
| Loans | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Securities | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $11.03M | $10.75M | $9.64M | $8.77M | $10.27M | $11.42M | $10.02M | $11.26M |