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Investor Presentaiton

DIVERSIFIED CRE EQUITY PORTFOLIO KEY DETAILS LC LADDER CAPITAL ($ in millions) Richmond, VA Office Portfolio (1 Property) Undepreciated Asset Value Asset Carrying Value (Depreciated) $110.3 Isla Vista, CA Student Housing Miami, FL Multifamily Property (1 Property) (1 Property) Additional Diversified CRE Properties (7 Properties') $86.4 $41.6 $142.6 Total Diversified CRE/ Weighted-Avg. (10 Properties) $380.8 $70.8 $80.9 $36.6 $113.2 $301.6 Non-Recourse Mortgage Debt Financing $66.9 $69.6 $33.9 $50.7 $221.1 Weighted-Average Interest Rate on Debt 4.4% 6.0% 5.8% 4.9% 5.2% Net Equity Invested $43.4 $16.8 $7.7 $91.8 $159.7 In-Place Annual Net Operating Income (NOI) $8.0 $5.8 $2.3 $5.1 $21.2 ~ Total Square Feet 994,040 117,324 166,176 1,049,731 2,327,271 Weighted-Average Ladder Ownership? 77.5% 75.0% 80.0% 95.7% 84.0% Note: As of 09/30/2021 1. Property types include office, industrial, hotel, multifamily, and grocery-anchored shopping center 2. Excludes potential effects of partnership/joint venture promote/sharing arrangements 25
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