10 Most Undervalued REIT Stocks to Invest In Now

5. Ladder Capital Corp (NYSE:LADR)

Number of Hedge Fund Holders: 21

Forward P/E: 10.88

Ladder Capital Corp (NYSE:LADR) is an internally managed commercial real estate investment trust. The firm originates and invests in a diverse portfolio of commercial real estate and real estate-related assets. Ladder’s primary business is originating fixed and floating rate first mortgage loans secured by all commercial real estate property types. In the commercial mortgage REIT space, Ladder sets itself apart through its conservative investment approach and credit underwriting expertise.

Ladder Capital Corp (NYSE:LADR) serves as a leader in commercial real estate finance with a particular emphasis on the middle market. This middle market focus has worked out for the REIT as evident from its most recent quarterly results. Ladder Capital Corp (NYSE:LADR) received $1.7 billion in proceeds from loan payoffs for the full year 2024 across 61 loan positions, representing the highest annual payoffs in the REIT’s history. Brian Harris, Ladder’s Chief Executive Officer, emphasized the robustness of this middle market strategy, stating:

“In the fourth quarter, Ladder generated strong earnings and dividend coverage. Throughout 2024, our middle market by choice business model continued to demonstrate success, as we received a significant amount of loan payoffs and our credit performed well overall. ”