Business Segments · Operating Expenses
Real Estate — Operating Expenses
Ladder Capital Real Estate — Operating Expenses increased by 8.7% to $20.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.6%, from $16.10M to $20.05M. Over 4 years (FY 2021 to FY 2025), Real Estate — Operating Expenses shows an upward trend with a 2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ2 2017
Last reportedQ1 2026Apr 27, 2026
Rolls up toTotal Operating Expenses
How to read this metric
Lower values relative to revenue indicate higher operational efficiency and better profit margins.
Detailed definition
Encompasses the total costs incurred to maintain and manage the real estate assets within the segment, excluding interes...
Peer comparison
Benchmarkable against property-level operating expense ratios of similar commercial real estate portfolios.
Metric ID:
ladr_segment_real_estate_operating_expensesHistorical Data
20 periods
| 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 | $16.80M | $16.72M | $15.34M | $18.49M | $17.56M | $18.07M | $18.07M | $17.37M | $17.61M | $16.68M | $16.31M | $17.43M | $19.60M | $18.88M | $17.12M | $16.10M | $18.29M | $19.68M | $18.45M | $20.05M |
| QoQ Change | — | -0.5% | -8.2% | +20.5% | -5.1% | +2.9% | -0.0% | -3.9% | +1.4% | -5.3% | -2.2% | +6.8% | +12.4% | -3.6% | -9.4% | -6.0% | +13.6% | +7.6% | -6.2% | +8.7% |
| YoY Change | — | — | — | — | +4.5% | +8.1% | +17.8% | -6.1% | +0.3% | -7.7% | -9.7% | +0.4% | +11.3% | +13.2% | +4.9% | -7.7% | -6.7% | +4.2% | +7.8% | +24.6% |
Range$15.34M – $20.05M
CAGR+3.8%
Avg YoY Growth+3.7%
Median YoY Growth+4.4%
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Frequently Asked Questions
- What is Ladder Capital's real estate — operating expenses?
- Ladder Capital (LADR) reported real estate — operating expenses of $20.05M in Q1 2026.
- How has Ladder Capital's real estate — operating expenses changed year-over-year?
- Ladder Capital's real estate — operating expenses increased by 24.6% year-over-year, from $16.10M to $20.05M.
- What is the long-term trend for Ladder Capital's real estate — operating expenses?
- Over 4 years (2021 to 2025), Ladder Capital's real estate — operating expenses has grown at a 2.9% compound annual growth rate (CAGR), from $64.71M to $72.52M.
- What does real estate — operating expenses mean?
- The total day-to-day costs required to run the real estate segment's operations.