Commercial mortgage investor Ladder Capital sold a group of loans for as much as $200 million as the real estate investment trust unloads assets to keep its books in balance. Ladder sold the package of five loans to Madison Realty Capital last week for somewhere between $150 million and $200 million, sources familiar with the transaction told The Real Deal. The loans back multifamily properties in New York City, New Jersey and Los Angeles, and
source https://therealdeal.com/2020/04/16/ladder-capital-deals-loan-portfolio-to-madison-realty-capital-amid-mortgage-selloff/
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