On July 5, 2024, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation, subsidiaries of Ladder Capital Corp, issued $500 million aggregate principal amount of 7.000% senior notes due 2031 (the ?Senior Notes?). The Issuers intend to use a portion of the net proceeds of the offering of the Senior Notes to repay certain existing secured indebtedness, with the remaining net proceeds to be used for general corporate purposes. The Senior Notes were offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the ?Securities Act?), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.

The Senior Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.