Discontinued — last reported Q3 '23
Ladder Capital Northeast — Mortgage loans receivable decreased by 4.7% to $1.02B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 18.4%, from $1.24B to $1.02B.
An increase suggests expanding lending activity or market share in the Northeast, while a decrease may indicate portfolio runoff, strategic exit from the region, or tighter underwriting standards.
This metric represents the total outstanding principal balance of senior first mortgage loans originated or acquired by...
Peers in commercial real estate finance often report geographic loan concentrations; this is comparable to regional portfolio exposure metrics used by other REITs and mortgage lenders.
ladr_segment_northeast_mortgage_loans_receivable| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $688.89M | $747.08M | $1.08B | $1.19B | $1.16B | $1.24B | $1.19B | $1.16B | $1.07B | $1.02B |
| QoQ Change | — | +8.4% | +44.6% | +9.8% | -2.5% | +7.7% | -4.3% | -2.4% | -8.4% | -4.7% |
| YoY Change | — | — | — | — | +67.9% | +66.6% | +10.2% | -2.0% | -7.9% | -18.4% |