NEW YORK--(BUSINESS WIRE)--
Ladder Capital Corp (“Ladder” or the “Company”) (NYSE:LADR) today
announced the appointments of Pamela McCormack as Chief Operating
Officer and Kelly Porcella as General Counsel by the Company’s Board of
Directors. Both appointments are effective immediately. Ms. McCormack
was previously Chief Strategy Officer and General Counsel and Ms.
Porcella was previously Associate General Counsel of Ladder.
“Pamela is a co-founder and an integral member of the Ladder management
team,” said Michael Mazzei, President. “Her appointment as Chief
Operating Officer is reflective of her role as a successful, experienced
and trusted leader within the firm and in the commercial real estate
finance industry generally. Kelly represents the deep bench we have
developed at Ladder and has been very effective as our Associate General
Counsel to date, making this appointment a natural extension of her role
and responsibilities within the firm.”
Ms. McCormack is a co-founder of the Company and has served as General
Counsel since Ladder’s formation in October 2008. Ms. McCormack was
subsequently appointed as the Company’s Chief Strategy Officer in 2014.
Before forming Ladder, Ms. McCormack served as Head/Co-Head of
Transaction Management - Global Commercial Real Estate at both Dillon
Read and UBS, managing a team responsible for the structuring,
negotiation and closing of all real estate investments globally. Prior
to joining UBS, Ms. McCormack worked as Vice President and Counsel at
Credit Suisse and as an associate at leading global law firms. Ms.
McCormack received a B. A. in English, cum laude, from the State
University of New York at Stony Brook and a J.D. from St. John’s
University School of Law.
Ms. Porcella joined Ladder in March 2009 and has served as Associate
General Counsel since December 2013. Ms. Porcella is primarily
responsible for the Company’s corporate governance, legal and regulatory
matters. Ms. Porcella is actively involved in all legal aspects of the
Company’s business, including strategic initiatives and financing.
Before joining Ladder, Ms. Porcella worked at Dillon Read and UBS,
serving as a key member of the team responsible for the management of
the firm’s balance sheet assets. Ms. Porcella received a B.S. in
Marketing, summa cum laude, from The Peter J. Tobin College of
Business at St. John’s University and a J.D., magna cum laude,
from St. John’s University School of Law.
About Ladder
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.
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Investor
Ladder Capital Corp Investor Relations
(917)
369-3207
investor.relations@laddercapital.com
Source: Ladder Capital Corp