Title long-term equity investor
Start Date 2020-12-29
Is Current yes
Shares 4 Million
Notes Koch Real Estate Investments, LLC exercised its option to invest $32 million in Ladder’s common equity, resulting in Ladder issuing 4 million shares. Koch exercised its option to do so under the strategic financing agreement reached in April 2020, in which Koch agreed to provide the Company with $206.4 million in senior secured financing to fund transitional and land loans.
Updated about 3 years ago

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