NEW YORK--(EON: Enhanced Online News)--Ladder Capital Corp (“Ladder” or the “Company”) (NYSE:LADR) today announced that Marc Waldman, a leading commercial mortgage loan originator, has joined Ladder as a Managing Director in Originations. Mr. Waldman joins Ladder from Deutsche Bank, where he served as a Managing Director since 2013 and was responsible for over $6 billion in commercial real estate loan originations for both securitization and balance sheet execution.
Mr. Waldman reports to Michael Mazzei, Ladder’s President. Mr. Mazzei noted, “We are very pleased to have Marc join the Ladder team. Marc brings substantial transaction experience, a strong credit orientation and his deep understanding of clients’ needs to Ladder.”
Mr. Waldman is Ladder’s most recent hire as the Company continues to invest in its proprietary, in-house real estate investment platform. Ladder hired five analysts in origination, underwriting, securitization and asset management in the second half of 2016.
Prior to his tenure at Deutsche Bank, Mr. Waldman most recently served as an Executive Director in UBS’ U.S. Real Estate Finance group and previously was a member of the Proprietary Lending Group at GMAC Commercial Mortgage. Mr. Waldman earned a B. S. in Business Management from Boston University and a M.B.A. with a concentration in Finance from Goizueta Business School, Emory University.
Ladder is an internally-managed real estate investment trust that is a leader in commercial real estate finance. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Ladder’s investment activities include: (i) direct origination of commercial real estate first mortgage loans; (ii) investments in investment grade securities secured by first mortgage loans on commercial real estate; and (iii) investments in net leased and other commercial real estate equity. Founded in 2008, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. Led by Brian Harris, the Company’s Chief Executive Officer, Ladder is headquartered in New York City and has branches in Los Angeles and Boca Raton.