Mar
02
Related Cos. Steps Up with $80M for Ladder Capital
ByThe firm purchased stock from pre-IPO shareholders of Ladder, including affiliates of TowerBrook Capital Partners and GI Partners.
New York—Related Cos. has made a strategic investment in Ladder Capital Corp., purchasing $80 million of Ladder stock from certain pre-IPO shareholders of Ladder, including affiliates of TowerBrook Capital Partners and GI Partners. The investment was made by Related Real Estate Fund II, an opportunity fund with equity commitments of more than $1 billion…