How do you interpret winston salem, NC — real estate acquired through foreclosure?

An increase suggests rising credit stress and potential asset quality deterioration in the local portfolio.

How does winston salem, NC — real estate acquired through foreclosure compare across companies?

Similar to 'Real Estate Owned' (REO) or 'Foreclosed Assets' reported by other commercial mortgage REITs.

Ladder Capital LADR Winston Salem, NC — Real estate acquired through foreclosure

Discontinued — last reported Q4 '20

Similar metrics at other companies

AMHWinston Salem, NC — Gross Book Value of Encumbered Assets

$45.36M+1.3%

LFT

LFTWinston Salem NC — Financing Receivable Outstanding Face Amount

$4.68M—

AMHWinston Salem, NC — SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Investment Property, Net

$99.84M-3.9%

AMHWinston Salem, NC — SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation

$44.72M+9.3%

AMHWinston Salem, NC — SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Gross

$144.57M-0.2%

LENAll Other Segments — Real Estate Acquired Through Foreclosure Heldforsale

$2.94M—

Other financials

Income statement

See full

Revenue$27.3M+25.3%

Net income$2.6M-77.5%

EPS (diluted)$0.02-77.8%

Balance sheet

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Cash & equivalents$33.1M-93.1%

Total debt$13.7M-19.4%

Total equity$1.4B-4.6%

Total assets$5.6B+8.8%

Cash flow

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Operating cash flow-$8.0M+72.2%

CapEx$743.0K-14.8%

Free cash flow-$8.7M+70.5%

Valuation

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Market cap$1.3B-14.3%

Enterprise value$1.28B+23.9%

P/E23.8×+9.0×

P/S12.4×-3.3×

Profitability

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Net margin52.2%-54.0pp

FCF margin95%—

Returns & leverage

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Return on equity3.7%-3.0pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Ladder Capital in its filing.

Tagged under the XBRL concept us-gaap:RealEstateAcquiredThroughForeclosure.

The official record: Ladder Capital’s 10-K, filed February 26, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does winston salem, NC — real estate acquired through foreclosure mean?: The total value of properties taken over by the company due to borrower default in Winston Salem, NC.
How do you interpret winston salem, NC — real estate acquired through foreclosure?: An increase suggests rising credit stress and potential asset quality deterioration in the local portfolio.
How does winston salem, NC — real estate acquired through foreclosure compare across companies?: Similar to 'Real Estate Owned' (REO) or 'Foreclosed Assets' reported by other commercial mortgage REITs.