Exhibit 21.1

Subsidiaries of

Ladder Capital Corp

Exact Name of Subsidiaries of Registrant as Specified in their Charter	State or Other Jurisdiction of Incorporation or Organization
Holding Companies
Ladder Capital Finance Holdings LLLP	Delaware
Ladder Capital Insurance LLC (parent of Tuebor Captive Insurance Company LLC)	Delaware
Ladder Midco LLC	Delaware
Ladder Member Corporation	Delaware
Ladder Midco II LLC	Delaware
Ladder Midco III LLC	Delaware
Regulated Subsidiaries
Ladder Capital Adviser LLC	Delaware
LCR Income I GP LLC	Delaware
Ladder Capital Securities LLC	Delaware
Tuebor Captive Insurance Company LLC	Michigan
Lending/Real Estate Debt-Related Subsidiaries
Ladder Capital Finance LLC	Delaware
Ladder Capital Finance I LLC	Delaware
Ladder Capital Finance II LLC	Delaware
Ladder Capital Finance III LLC	Delaware
Ladder Capital Finance IV LLC	Delaware
Ladder Capital Finance Portfolio II LLC	Delaware
Ladder Capital Realty II LLC	Delaware
LC Carmel Retail LLC	Delaware
LCR Income I LP LLC	Delaware
Ladder Capital Realty Income Partnership I LP	Delaware
LCR Income Finance I LLC	Delaware
LCRIP Finance I LP	Delaware
LCR Income Finance II LLC	Delaware
LCRIP Finance II LP	Delaware
Ladder Capital Realty Finance ERF Parent LLC	Delaware
Ladder Capital Finance Revolver I LLC	Delaware
Ladder Capital Finance Revolver I Parent LLC	Delaware
Securities Subsidiaries
Ladder Capital Finance Portfolio LLC	Delaware
Ladder Capital Realty CMBS IV LLC	Delaware

Exact Name of Subsidiaries of Registrant as Specified in their Charter	State or Other Jurisdiction of Incorporation or Organization
Real Estate/Real Estate-Related Subsidiaries
Ladder Capital CRE Equity LLC	Delaware
Grace Lake JV, LLC	Delaware
Grace Lake Mezz, LLC	Delaware
Grace Lake, LLC	Delaware
IOP JV LLC	Delaware
IOP JV Member LLC	Delaware
LACCBSC LLC	Delaware
LACSVGA LLC	Delaware
Ladder Grace Lake Member LLC	Delaware
LAS Jonesboro LLC	Delaware
LAS Mt Juliet LLC	Delaware
LAS Wichita LLC	Delaware
LBW Mooresville LLC	Delaware
LBW Portfolio I LLC	Delaware
LBW Saratoga LLC	Delaware
LBW Sennett LLC	Delaware
LBW Tilton LLC	Delaware
LBW Vineland LLC	Delaware
LBW Waldorf LLC	Delaware
LBWNDMA LLC	Delaware
LBWNDMA LLC	Delaware
LBWPIMA LLC	Delaware
LDG Yulee LLC	Delaware
LDGDSFL LLC	Delaware
LDGMBFL LLC	Delaware
LDGOCFL LLC	Delaware
LDGSSFL LLC	Delaware
Lingerfelt Office Properties LLC	Delaware
LVT JV LLC	Delaware
LVT JV Member LLC	Delaware
LVT Owner LLC	Delaware

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Exact Name of Subsidiaries of Registrant as Specified in their Charter	State or Other Jurisdiction of Incorporation or Organization
LWAG Abingdon LLC	Delaware
LWAG Aiken LLC	Delaware
LWAG Durant LLC	Delaware
LWAG Gallatin LLC	Delaware
LWAG Greenwood AR LLC	Delaware
LWAG Johnson City LLC	Delaware
LWAG Millbrook LLC	Delaware
LWAG Mount Airy LLC	Delaware
LWAG Ooltewah LLC	Delaware
LWAG Palmview LLC	Delaware
LWAGDVGA LLC	Delaware
LWAGEKMD LLC	Delaware
LWAGLBGA LLC	Delaware
LWAGLXSC LLC	Delaware
LWAGSBSC LLC	Delaware
LWAGTPMS LLC	Delaware
ONP JV LLC	Delaware
ONP JV Member LLC	Delaware
ONP Owner LLC	Delaware
ONP Rooftop JV LLC	Delaware
ONP Rooftop JV Member LLC	Delaware
Other Subsidiaries
Ladder Capital Finance Corporation (Co-Issuer of Corporate Debt)	Delaware
Ladder Capital Commercial Mortgage Securities LLC (Depositor for Single Asset Securitization)	Delaware

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