Investor Presentaiton
NET LEASED CRE EQUITY PORTFOLIO KEY DETAILS
LC
LADDER
CAPITAL
($ in millions)
Bank of America
Office Campus
(1 Property)
$146.4
Dollar
General Corp
Walgreens
Co
BJ's Wholesale
Club Inc.
(102 Properties) (21 Properties) (6 Properties)
Hy-Vee Inc. Additional Net
Supermarkets Leased Properties
(6 Properties) (27 Properties)
$57.0
$220.8
Total Net Leased
Weighted-Avg.
(163 Properties)
Undepreciated Asset Value
Asset Carrying Value (Depreciated)
$130.0
$119.0
$100.0
$773.2
$125.9
$113.1
$92.3
$65.3
$44.2
$171.9
$612.8
Non-Recourse Mortgage Debt Financing
$83.0
$90.4
$80.5
$61.8
$38.7
$147.8
$502.3
Weighted-Average Interest Rate on Debt
5.0%
5.3%
5.1%
4.9%
4.6%
5.0%
5.0%
Net Equity Invested
$63.4
$39.5
$38.5
$38.2
$18.3
$72.9
$270.9
In-Place Annual Net Operating Income (NOI)
$7.4
$8.9
$7.9
$7.9
$3.3
$14.3
$49.7
Weighted-Avg. Remaining Lease Term (years)
10.0
10.4
12.0
10.3
13.1
9.5
10.5
~Total Square Feet
822,540
929,285
307,664
639,996
421,890
2,065,636
5,187,011
Weighted-Average % Leased
100%
100%
100%
100%
100%
100%
100%
% of Total CRE Equity Portfolio
(by Undepreciated Asset Value)
13%
11%
10%
9%
5%
19%
67%
% of Net Leased CRE Portfolio
19%
17%
15%
13%
7%
29%
100%
(by Undepreciated Asset Value)
Note: As of 09/30/2021
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