Ladder Capital Pelican Rapids, MN — Encumbrances decreased by 0.2% to $903.00K in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.2%, from $905.00K to $903.00K. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher leverage on the property, while a decrease indicates debt repayment or reduced encumbrance.
Represents the total value of liens, mortgages, or other legal claims against real estate assets located in the Pelican...
Commonly reported as 'Mortgage Debt' or 'Encumbered Assets' in real estate investment trust (REIT) property schedules.
ladr_segment_pelican_rapids_mn_encumbrances| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $914.00K | $911.00K | $908.00K | $905.00K | $903.00K |
| QoQ Change | — | -0.3% | -0.3% | -0.3% | -0.2% |
| YoY Change | — | -0.3% | -0.3% | -0.3% | -0.2% |