Document

Exhibit 21.1

Subsidiaries of

Ladder Capital Corp


Exact Name of Subsidiaries or Registrant as Specified in their Charter						State or Other Jurisdiction of Incorporation or Organization

Holding Companies
LCFH - LC Finance Holdings TRS Series						Delaware
LCFHR - LC Finance Holdings REIT Series						Delaware
Ladder Capital Insurance LLC						Delaware
Ladder Member Corporation						Delaware
Ladder Midco II LLC						Delaware
LMIDC - Ladder Midco LLC						Delaware
LC TRS I LLC						Delaware
LC TRS III LLC						Delaware
Series REIT of Ladder Midco II LLC						Delaware
Series REIT of Ladder Midco LLC						Delaware
Tuebor TRS IV LLC						Michigan

Regulated Subsidiaries
Tuebor Captive Insurance Company LLC						Michigan

REIT Subsidiaries
Tuebor REIT Inc						Michigan

Lending/Real Estate Debt-Related Subsidiaries
Ladder Capital Finance LLC						Delaware
Series REIT of Ladder Capital Finance I LLC						Delaware
Series REIT of Ladder Capital Finance II LLC						Delaware
Series TRS of Ladder Capital Finance III LLC						Delaware
Series REIT of Ladder Capital Finance III LLC						Delaware
Ladder Capital Finance VI REIT LLC						Delaware
Ladder Capital Finance VI TRS LLC						Delaware
Ladder Capital Finance VII REIT LLC						Delaware
Ladder Capital Finance VII TRS LLC						Delaware
Ladder Capital Finance VIII REIT						Delaware
Ladder Capital Finance VIII TRS						Delaware
Ladder Capital Finance IX LLC						Delaware
Series TRS of Ladder Capital Finance I LLC						Delaware
Series TRS of Ladder Capital Finance II LLC						Delaware
Ladder Capital Finance Portfolio II LLC						Delaware
LC Realty II LLC						Delaware
Ladder Corporate Revolver I LLC						Delaware
LMEZZ 250 W90 LLC						Delaware
Tuebor REIT Sub LLC						Michigan
Tuebor TRS II LLC						Michigan


Exact Name of Subsidiaries or Registrant as Specified in their Charter						State or Other Jurisdiction of Incorporation or Organization

Securities Subsidiaries
Ladder Capital Finance Portfolio LLC						Delaware
Ladder Capital Finance Portfolio III Ltd						Cayman Islands
LCR CMBS IV LLC						Delaware
Tuebor Securities LLC						Michigan

Real Estate/Real Estate-Related Subsidiaries
LAG Memphis LLC						Delaware
LAS Evansville LLC						Delaware
LAS Wichita LLC						Delaware
LBW Bellport LLC						Delaware
LBW Sennett						Delaware
LBW Mooresville LLC / LBW Saratoga LLC / LBW Vineland LLC / LBW Waldorf LLC						Delaware
LBW Rotterdam						Delaware
LBA Tract C and G LLC / LBA Tract E LLC						Delaware
LC Carmel Retail LLC						Delaware
LC La Cienega LLC						Delaware
JV - CanPac JV LLC						Delaware
LDG Cape Girardeau MO LLC						Delaware
LDG Isanti MN LLC						Delaware
LDG Little Falls MN LLC						Delaware
LDG Newburgh IN LLC						Delaware
LDG Saginaw BV MI LLC						Delaware
LDG Sioux City LLC						Delaware
LDG Waterloo IA LLC						Delaware
LSDDT LLC						Delaware
LFD Albion PA LLC						Delaware
LFD Biscoe NC LLC						Delaware
LFD Malone NY LLC						Delaware
LFD Moultrie GA LLC						Delaware
LFD Mt Vernon AL LLC						Delaware
LFD Redford VA LLC						Delaware
LFD Rockingham NC LLC						Delaware
LFD Rose Hill NC LLC						Delaware
LFD Rural Retreat VA LLC						Delaware
LRF Ewing NJ LLC						Delaware
Grace Lake Member LLC						Delaware
LRS Bixby OK LLC						Delaware
LFR Grove OK LLC						Delaware
LRS Jenks OK LLC						Delaware
LHP Conyers LLC						Delaware
LHL Jacksonville LLC						Delaware
LHV Ankeny LLC						Delaware
LHV Cedar Rapids LLC						Delaware
LHV Fairfield LLC						Delaware


Exact Name of Subsidiaries or Registrant as Specified in their Charter						State or Other Jurisdiction of Incorporation or Organization

LHV Muscatine LLC						Delaware
LHV Owatonna LLC						Delaware
LHV Sheldon LLC						Delaware
LHV Springfield LLC						Delaware
IOP JV Member LLC						Delaware
IOP JV LLC						Delaware
Isla Vista JV LLC						Delaware
LHV Kohls Minot ND LLC						Delaware
LACCBSC LLC						Delaware
LACSVGA LLC						Delaware
LBW Pittsfield LLC						Delaware
Ladder Capital CRE Equity LLC						Delaware
LWAGDVGA LLC						Delaware
LWAGLBGA LLC						Delaware
3650 S. 72nd Owner LLC						Delaware
Omaha Hotel Property Owner LLC						Delaware
ONP JV Member LLC						Delaware
ONP JV LLC						Delaware
Pinebrook Associates Holdings, LP						Delaware
301 Peoria IL LLC						Delaware
LSHUTA Midtown LLC						Delaware
LSHTCU Edge LLC						Delaware
LRI South Bend IN LLC						Delaware
LRI Winston Salem NC LLC						Delaware
LSC Ofallon LLC						Delaware
24 Second Avenue JV Member LLC						Delaware
24 Second Avenue Holdings LLC						New York
LTU Crum Lynne PA LLC						Delaware
LWAG Crawford LLC						Delaware
LWAG Loveland LLC						Delaware
LWAG Ooltewah LLC						Delaware
LWAG Palmview LLC						Delaware
LWAG Ponce PR LLC						Delaware
LWAG Youngstown LLC						Delaware

Securitization-Related Subsidiaries
LCCM 2017-FL1 CRE Trust						Delaware
Ladder CRE 1 FL1 Parent LLC						Delaware
LCCM 2017-FL2 CRE						Delaware
Ladder CRE 2 Parent LLC						Delaware
LCCM 2020-FL3 CRE Trust						Delaware
Ladder CRE 3 Parent LLC						Delaware