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Related Makes Bid for CRE Lender Ladder Capital

(COSTAR) - 1 years ago
 Justin Metz, president of Related Fund ManagementA subsidiary of New York developer and investor the Related Cos. made a cash bid this past weekend to acquire commercial real estate lender Ladder Capital Corp. (NYSE:LADR). Related Fund Management LLC is proposing to acquire all of the outstanding shares of Ladder for $15 per share through a two-step tender offer and merger process, subject to certain conditions. Ladder Capital said it intends......
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