Ladder Capital -- the fledgling financial firm that aims to underwrite big projects in New York City, perhaps one day filling the vacuum left by Wall Street's demise -- has hired seven executives with extensive experience in commercial mortgage-backed securities, according to Commercial Mortgage Alert, an industry trade magazine.
Brian Harris, the head of Ladder Capital who at one point led UBS' global commercial real estate team, has hired Mark Fox, formerly at Capmark, as chief financial officer; Ed Peterson, formerly of Eurohypo, as head trader; Lee Warshaw and Jack Weisselberg, formerly of UBS, as loan originators; and Mike Casavant (Lehman Brothers), Michael Scarola (UBS) and Micah Goodman (Credit Suisse) as underwriters. read more »