<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.laddercapital.com/role/CommitmentsAndContingencies" xlink:href="ladr-20181114.xsd#CommitmentsAndContingencies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/CommitmentsAndContingenciesAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#CommitmentsAndContingenciesAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/CommitmentsAndContingenciesFutureMinimumRentalPaymentsDetails" xlink:href="ladr-20181114.xsd#CommitmentsAndContingenciesFutureMinimumRentalPaymentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/CommitmentsAndContingenciesTables" xlink:href="ladr-20181114.xsd#CommitmentsAndContingenciesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedBalanceSheets" xlink:href="ladr-20181114.xsd#ConsolidatedBalanceSheets" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:href="ladr-20181114.xsd#ConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedStatementsOfCashFlows" xlink:href="ladr-20181114.xsd#ConsolidatedStatementsOfCashFlows" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedStatementsOfChangesInEquity" xlink:href="ladr-20181114.xsd#ConsolidatedStatementsOfChangesInEquity" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:href="ladr-20181114.xsd#ConsolidatedStatementsOfComprehensiveIncome" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedStatementsOfIncome" xlink:href="ladr-20181114.xsd#ConsolidatedStatementsOfIncome" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedVariableInterestEntities" xlink:href="ladr-20181114.xsd#ConsolidatedVariableInterestEntities" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedVariableInterestEntitiesDetails" xlink:href="ladr-20181114.xsd#ConsolidatedVariableInterestEntitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ConsolidatedVariableInterestEntitiesTables" xlink:href="ladr-20181114.xsd#ConsolidatedVariableInterestEntitiesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DebtObligationsNet" xlink:href="ladr-20181114.xsd#DebtObligationsNet" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DebtObligationsNetAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#DebtObligationsNetAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DebtObligationsNetScheduleOfCompanysDebtObligationsDetails" xlink:href="ladr-20181114.xsd#DebtObligationsNetScheduleOfCompanysDebtObligationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DebtObligationsNetScheduleOfMaturitiesDetails" xlink:href="ladr-20181114.xsd#DebtObligationsNetScheduleOfMaturitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DebtObligationsNetSeniorUnsecuredNotesDetails" xlink:href="ladr-20181114.xsd#DebtObligationsNetSeniorUnsecuredNotesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DebtObligationsNetTables" xlink:href="ladr-20181114.xsd#DebtObligationsNetTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DerivativeInstruments" xlink:href="ladr-20181114.xsd#DerivativeInstruments" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DerivativeInstrumentsAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#DerivativeInstrumentsAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DerivativeInstrumentsScheduleOfDerivativesOutstandingDetails" xlink:href="ladr-20181114.xsd#DerivativeInstrumentsScheduleOfDerivativesOutstandingDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DerivativeInstrumentsScheduleOfRealizedGainsLossesOnDerivativesDetails" xlink:href="ladr-20181114.xsd#DerivativeInstrumentsScheduleOfRealizedGainsLossesOnDerivativesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DerivativeInstrumentsTables" xlink:href="ladr-20181114.xsd#DerivativeInstrumentsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/DocumentAndEntityInformation" xlink:href="ladr-20181114.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EarningsPerShare" xlink:href="ladr-20181114.xsd#EarningsPerShare" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EarningsPerShareNetIncomeAndWeightedAverageSharesOutstandingDetails" xlink:href="ladr-20181114.xsd#EarningsPerShareNetIncomeAndWeightedAverageSharesOutstandingDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EarningsPerShareScheduleOfCalculationOfBasicAndDilutedEpsDetails" xlink:href="ladr-20181114.xsd#EarningsPerShareScheduleOfCalculationOfBasicAndDilutedEpsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EarningsPerShareTables" xlink:href="ladr-20181114.xsd#EarningsPerShareTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EquityStructureAndAccounts" xlink:href="ladr-20181114.xsd#EquityStructureAndAccounts" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EquityStructureAndAccountsAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#EquityStructureAndAccountsAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EquityStructureAndAccountsChangesInAccumulatedOtherComprehensiveIncomeDetails" xlink:href="ladr-20181114.xsd#EquityStructureAndAccountsChangesInAccumulatedOtherComprehensiveIncomeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EquityStructureAndAccountsDividendsDeclaredDetails" xlink:href="ladr-20181114.xsd#EquityStructureAndAccountsDividendsDeclaredDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EquityStructureAndAccountsScheduleOfDividendsDeclaredAndPaidDetails" xlink:href="ladr-20181114.xsd#EquityStructureAndAccountsScheduleOfDividendsDeclaredAndPaidDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EquityStructureAndAccountsScheduleOfRepurchaseOfTreasuryStockActivityDetails" xlink:href="ladr-20181114.xsd#EquityStructureAndAccountsScheduleOfRepurchaseOfTreasuryStockActivityDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/EquityStructureAndAccountsTables" xlink:href="ladr-20181114.xsd#EquityStructureAndAccountsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/FairValueOfFinancialInstruments" xlink:href="ladr-20181114.xsd#FairValueOfFinancialInstruments" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsEstimatedFairValuesOfFinancialInstrumentsDetails" xlink:href="ladr-20181114.xsd#FairValueOfFinancialInstrumentsEstimatedFairValuesOfFinancialInstrumentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsScheduleOfChangesInLevel3Details" xlink:href="ladr-20181114.xsd#FairValueOfFinancialInstrumentsScheduleOfChangesInLevel3Details" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsScheduleOfQuantitativeInformationDetails" xlink:href="ladr-20181114.xsd#FairValueOfFinancialInstrumentsScheduleOfQuantitativeInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsSummaryOfFinancialAssetsAndLiabilitiesDetails" xlink:href="ladr-20181114.xsd#FairValueOfFinancialInstrumentsSummaryOfFinancialAssetsAndLiabilitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsTables" xlink:href="ladr-20181114.xsd#FairValueOfFinancialInstrumentsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/IncomeTaxes" xlink:href="ladr-20181114.xsd#IncomeTaxes" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsDetails" xlink:href="ladr-20181114.xsd#IncomeTaxesComponentsOfDeferredTaxAssetsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/IncomeTaxesComponentsOfDeferredTaxLiabilityDetails" xlink:href="ladr-20181114.xsd#IncomeTaxesComponentsOfDeferredTaxLiabilityDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/IncomeTaxesComponentsOfProvisionForIncomeTaxesDetails" xlink:href="ladr-20181114.xsd#IncomeTaxesComponentsOfProvisionForIncomeTaxesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/IncomeTaxesDetails" xlink:href="ladr-20181114.xsd#IncomeTaxesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/IncomeTaxesPhantomDetails" xlink:href="ladr-20181114.xsd#IncomeTaxesPhantomDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/IncomeTaxesTables" xlink:href="ladr-20181114.xsd#IncomeTaxesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/IncomeTaxesTaxRateReconciliationDetails" xlink:href="ladr-20181114.xsd#IncomeTaxesTaxRateReconciliationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVentures" xlink:href="ladr-20181114.xsd#InvestmentInUnconsolidatedJointVentures" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#InvestmentInUnconsolidatedJointVenturesAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesInvestmentsInUnconsolidatedJointVenturesDetails" xlink:href="ladr-20181114.xsd#InvestmentInUnconsolidatedJointVenturesInvestmentsInUnconsolidatedJointVenturesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesPhantomDetails" xlink:href="ladr-20181114.xsd#InvestmentInUnconsolidatedJointVenturesPhantomDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesResultsFromOperationsOfUnconsolidatedJointVenturesDetails" xlink:href="ladr-20181114.xsd#InvestmentInUnconsolidatedJointVenturesResultsFromOperationsOfUnconsolidatedJointVenturesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesSummaryOfAllocatedEarningsDetails" xlink:href="ladr-20181114.xsd#InvestmentInUnconsolidatedJointVenturesSummaryOfAllocatedEarningsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesTables" xlink:href="ladr-20181114.xsd#InvestmentInUnconsolidatedJointVenturesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/MortgageLoanReceivables" xlink:href="ladr-20181114.xsd#MortgageLoanReceivables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/MortgageLoanReceivablesActivityInLoanPortfolioDetails" xlink:href="ladr-20181114.xsd#MortgageLoanReceivablesActivityInLoanPortfolioDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/MortgageLoanReceivablesAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#MortgageLoanReceivablesAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/MortgageLoanReceivablesMortgageLoanReceivablesByLoanTypeDetails" xlink:href="ladr-20181114.xsd#MortgageLoanReceivablesMortgageLoanReceivablesByLoanTypeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/MortgageLoanReceivablesProvisionForLoanLossesDetails" xlink:href="ladr-20181114.xsd#MortgageLoanReceivablesProvisionForLoanLossesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/MortgageLoanReceivablesScheduleOfMortgageLoansDetails" xlink:href="ladr-20181114.xsd#MortgageLoanReceivablesScheduleOfMortgageLoansDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/MortgageLoanReceivablesTables" xlink:href="ladr-20181114.xsd#MortgageLoanReceivablesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/NoncontrollingInterests" xlink:href="ladr-20181114.xsd#NoncontrollingInterests" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/NoncontrollingInterestsDetails" xlink:href="ladr-20181114.xsd#NoncontrollingInterestsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/OffsettingAssetsAndLiabilities" xlink:href="ladr-20181114.xsd#OffsettingAssetsAndLiabilities" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/OffsettingAssetsAndLiabilitiesOffsettingAssetsDetails" xlink:href="ladr-20181114.xsd#OffsettingAssetsAndLiabilitiesOffsettingAssetsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/OffsettingAssetsAndLiabilitiesOffsettingLiabilitiesDetails" xlink:href="ladr-20181114.xsd#OffsettingAssetsAndLiabilitiesOffsettingLiabilitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/OffsettingAssetsAndLiabilitiesTables" xlink:href="ladr-20181114.xsd#OffsettingAssetsAndLiabilitiesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/OrganizationAndOperations" xlink:href="ladr-20181114.xsd#OrganizationAndOperations" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/OrganizationAndOperationsDetails" xlink:href="ladr-20181114.xsd#OrganizationAndOperationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/QuarterlyFinancialInformation" xlink:href="ladr-20181114.xsd#QuarterlyFinancialInformation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/QuarterlyFinancialInformationDetails" xlink:href="ladr-20181114.xsd#QuarterlyFinancialInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/QuarterlyFinancialInformationTables" xlink:href="ladr-20181114.xsd#QuarterlyFinancialInformationTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNet" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNet" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetExpectedFutureAmortizationExpenseDetails" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetExpectedFutureAmortizationExpenseDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetFutureMinimumRentalPaymentsReceivableDetails" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetFutureMinimumRentalPaymentsReceivableDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetRealEstatePropertiesSoldDetails" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetRealEstatePropertiesSoldDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetScheduleOfDepreciationAndAmortizationExpenseOnRealEstateDetails" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetScheduleOfDepreciationAndAmortizationExpenseOnRealEstateDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetScheduleOfIdentifiableAssetsAcquiredAndLiabilitiesAssumedDetails" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetScheduleOfIdentifiableAssetsAcquiredAndLiabilitiesAssumedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetScheduleOfRealEstatePortfolioDetails" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetScheduleOfRealEstatePortfolioDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetScheduleOfRealEstatePropertiesAcquiredDetails" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetScheduleOfRealEstatePropertiesAcquiredDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetTables" xlink:href="ladr-20181114.xsd#RealEstateAndRelatedLeaseIntangiblesNetTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateSecurities" xlink:href="ladr-20181114.xsd#RealEstateSecurities" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateSecuritiesAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#RealEstateSecuritiesAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateSecuritiesSecuritiesByRemainingMaturityDetails" xlink:href="ladr-20181114.xsd#RealEstateSecuritiesSecuritiesByRemainingMaturityDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateSecuritiesSummaryOfSecuritiesDetails" xlink:href="ladr-20181114.xsd#RealEstateSecuritiesSummaryOfSecuritiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RealEstateSecuritiesTables" xlink:href="ladr-20181114.xsd#RealEstateSecuritiesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RelatedPartyTransactions" xlink:href="ladr-20181114.xsd#RelatedPartyTransactions" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/RelatedPartyTransactionsDetails" xlink:href="ladr-20181114.xsd#RelatedPartyTransactionsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciation" xlink:href="ladr-20181114.xsd#ScheduleIiiRealEstateAndAccumulatedDepreciation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateAccumulatedDepreciationDetails" xlink:href="ladr-20181114.xsd#ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateAccumulatedDepreciationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateDetails" xlink:href="ladr-20181114.xsd#ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateReconciliationDetails" xlink:href="ladr-20181114.xsd#ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateReconciliationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ScheduleIvMortgageLoansOnRealEstate" xlink:href="ladr-20181114.xsd#ScheduleIvMortgageLoansOnRealEstate" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/ScheduleIvMortgageLoansOnRealEstateMortgageLoansOnRealEstateDetails" xlink:href="ladr-20181114.xsd#ScheduleIvMortgageLoansOnRealEstateMortgageLoansOnRealEstateDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SegmentReporting" xlink:href="ladr-20181114.xsd#SegmentReporting" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SegmentReportingAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#SegmentReportingAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SegmentReportingScheduleOfSegmentsDetails" xlink:href="ladr-20181114.xsd#SegmentReportingScheduleOfSegmentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SegmentReportingTables" xlink:href="ladr-20181114.xsd#SegmentReportingTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SignificantAccountingPolicies" xlink:href="ladr-20181114.xsd#SignificantAccountingPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SignificantAccountingPoliciesDetails" xlink:href="ladr-20181114.xsd#SignificantAccountingPoliciesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SignificantAccountingPoliciesPolicies" xlink:href="ladr-20181114.xsd#SignificantAccountingPoliciesPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlans" xlink:href="ladr-20181114.xsd#StockBasedAndOtherCompensationPlans" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansAdditionalInformationDetails" xlink:href="ladr-20181114.xsd#StockBasedAndOtherCompensationPlansAdditionalInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansNonvestedSharesOutstandingDetails" xlink:href="ladr-20181114.xsd#StockBasedAndOtherCompensationPlansNonvestedSharesOutstandingDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansStockBasedCompensationPlansSummaryDetails" xlink:href="ladr-20181114.xsd#StockBasedAndOtherCompensationPlansStockBasedCompensationPlansSummaryDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansSummaryOfGrantsDetails" xlink:href="ladr-20181114.xsd#StockBasedAndOtherCompensationPlansSummaryOfGrantsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansTables" xlink:href="ladr-20181114.xsd#StockBasedAndOtherCompensationPlansTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SubsequentEvents" xlink:href="ladr-20181114.xsd#SubsequentEvents" xlink:type="simple" />
  <link:roleRef roleURI="http://www.laddercapital.com/role/SubsequentEventsDetails" xlink:href="ladr-20181114.xsd#SubsequentEventsDetails" xlink:type="simple" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/CommitmentsAndContingencies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/CommitmentsAndContingenciesAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/CommitmentsAndContingenciesFutureMinimumRentalPaymentsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_30d028f9-2f3a-4a0c-02f8-ea9552d875b6" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_f3d34f3b-9a0c-658e-29c2-4e3a93f2cd51" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_30d028f9-2f3a-4a0c-02f8-ea9552d875b6" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_f3d34f3b-9a0c-658e-29c2-4e3a93f2cd51" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_ccaff3fc-3d87-e58a-0083-69dda0c10f9d" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_30d028f9-2f3a-4a0c-02f8-ea9552d875b6" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_ccaff3fc-3d87-e58a-0083-69dda0c10f9d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_39e76369-4fdc-9d5f-860a-45d0795e5fb0" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_30d028f9-2f3a-4a0c-02f8-ea9552d875b6" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_39e76369-4fdc-9d5f-860a-45d0795e5fb0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_fe404cae-7fcc-3489-844f-4d90e9776180" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_30d028f9-2f3a-4a0c-02f8-ea9552d875b6" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_fe404cae-7fcc-3489-844f-4d90e9776180" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_5b651b24-1278-4eab-c840-7002c6d68546" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_30d028f9-2f3a-4a0c-02f8-ea9552d875b6" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_5b651b24-1278-4eab-c840-7002c6d68546" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_36c616b1-40de-90d4-3c05-7e224ce1169a" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_30d028f9-2f3a-4a0c-02f8-ea9552d875b6" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_36c616b1-40de-90d4-3c05-7e224ce1169a" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/CommitmentsAndContingenciesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_32f41ea9-05c6-e713-464b-586a571d1c1f" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_32f41ea9-05c6-e713-464b-586a571d1c1f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestrictedCash" xlink:label="loc_us-gaap_RestrictedCash_91b645f6-f2ec-897f-6708-2c73706fe88c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_RestrictedCash_91b645f6-f2ec-897f-6708-2c73706fe88c" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_LoansAndLeasesReceivableMortgageLoansHeldByConsolidatedSubsidiaries" xlink:label="loc_ladr_LoansAndLeasesReceivableMortgageLoansHeldByConsolidatedSubsidiaries_74133829-6fbd-3faa-c138-41d8b6d84848" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_ladr_LoansAndLeasesReceivableMortgageLoansHeldByConsolidatedSubsidiaries_74133829-6fbd-3faa-c138-41d8b6d84848" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_5354ee7f-4abe-680e-b0f4-37e4ed632b64" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_LoansAndLeasesReceivableAllowance_5354ee7f-4abe-680e-b0f4-37e4ed632b64" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation" xlink:label="loc_ladr_LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation_d6e5f05f-9d68-4bc1-9451-41d8b747a4ca" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_ladr_LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation_d6e5f05f-9d68-4bc1-9451-41d8b747a4ca" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_DebtSecuritiesAvailableforsaleandFVNI" xlink:label="loc_ladr_DebtSecuritiesAvailableforsaleandFVNI_D2B18E75D8732344D40D1723327FD841" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_ladr_DebtSecuritiesAvailableforsaleandFVNI_D2B18E75D8732344D40D1723327FD841" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_3ce48387-be92-35f6-df23-5638d549b701" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyNet_3ce48387-be92-35f6-df23-5638d549b701" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_0682cfaa-83e6-dea4-d697-0d84430cc679" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_EquityMethodInvestments_0682cfaa-83e6-dea4-d697-0d84430cc679" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FederalHomeLoanBankStock" xlink:label="loc_us-gaap_FederalHomeLoanBankStock_91f6ccf0-462e-33f8-5e55-7954faca296e" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_FederalHomeLoanBankStock_91f6ccf0-462e-33f8-5e55-7954faca296e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_082aa8c2-a051-1bb7-d441-a6d93b3f45f4" xlink:type="locator" />
    <link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_DerivativeAssets_082aa8c2-a051-1bb7-d441-a6d93b3f45f4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestReceivable" xlink:label="loc_us-gaap_InterestReceivable_1b69c830-bc0e-9c5b-41c9-e13cffc645fa" xlink:type="locator" />
    <link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_InterestReceivable_1b69c830-bc0e-9c5b-41c9-e13cffc645fa" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_806083e9-63fa-5acf-a0c8-803a67715508" xlink:type="locator" />
    <link:calculationArc order="12" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_OtherAssets_806083e9-63fa-5acf-a0c8-803a67715508" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_63817d40-f759-fa9c-45a5-8bbbb36ed5c9" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_f0c68f4f-7ec1-d447-8ba7-0f2766abbe67" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_63817d40-f759-fa9c-45a5-8bbbb36ed5c9" xlink:to="loc_us-gaap_CommitmentsAndContingencies_f0c68f4f-7ec1-d447-8ba7-0f2766abbe67" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_63817d40-f759-fa9c-45a5-8bbbb36ed5c9" xlink:to="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_DebtObligations" xlink:label="loc_ladr_DebtObligations_49b522c2-d985-cc32-a58a-41d8b7f2e4b9" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_ladr_DebtObligations_49b522c2-d985-cc32-a58a-41d8b7f2e4b9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DueToCorrespondentBrokers" xlink:label="loc_us-gaap_DueToCorrespondentBrokers_4d532bfc-4476-ada6-58a6-7ad3982cf3c9" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_DueToCorrespondentBrokers_4d532bfc-4476-ada6-58a6-7ad3982cf3c9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_7e8e10f8-8ddc-2b6a-eea7-ea4d306368a1" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_DerivativeLiabilities_7e8e10f8-8ddc-2b6a-eea7-ea4d306368a1" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_AmountDuePursuantToTaxReceivableAgreement" xlink:label="loc_ladr_AmountDuePursuantToTaxReceivableAgreement_b5a17ff8-b4e0-621b-ff2a-41d8b6b73be1" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_ladr_AmountDuePursuantToTaxReceivableAgreement_b5a17ff8-b4e0-621b-ff2a-41d8b6b73be1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_cccb9601-6c89-e41b-7f7e-4d0ccc5ea629" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_cccb9601-6c89-e41b-7f7e-4d0ccc5ea629" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_a7850e2a-50cc-25fc-d337-92b8fdfdc214" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_a7850e2a-50cc-25fc-d337-92b8fdfdc214" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_b7c80bbc-e033-5d39-6a1b-ed85fbc903f7" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_OtherLiabilities_b7c80bbc-e033-5d39-6a1b-ed85fbc903f7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_63817d40-f759-fa9c-45a5-8bbbb36ed5c9" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_6765f135-8c69-bebc-a116-d59a52a5b2f2" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_StockholdersEquity_6765f135-8c69-bebc-a116-d59a52a5b2f2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_aefe3f0c-abe4-5b83-9a64-da77d8e253dd" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_6765f135-8c69-bebc-a116-d59a52a5b2f2" xlink:to="loc_us-gaap_CommonStockValue_aefe3f0c-abe4-5b83-9a64-da77d8e253dd" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_df284507-8ac7-eed1-41db-05e81b70be6d" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_6765f135-8c69-bebc-a116-d59a52a5b2f2" xlink:to="loc_us-gaap_AdditionalPaidInCapitalCommonStock_df284507-8ac7-eed1-41db-05e81b70be6d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="loc_us-gaap_TreasuryStockValue_70b30340-b55c-aed7-73f5-36d397294f84" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_6765f135-8c69-bebc-a116-d59a52a5b2f2" xlink:to="loc_us-gaap_TreasuryStockValue_70b30340-b55c-aed7-73f5-36d397294f84" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_a59bc5ae-63a0-c9bc-32f7-e2bd9f32bd26" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_6765f135-8c69-bebc-a116-d59a52a5b2f2" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_a59bc5ae-63a0-c9bc-32f7-e2bd9f32bd26" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_798442bf-12e1-d944-3fa1-8b797b67482e" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_6765f135-8c69-bebc-a116-d59a52a5b2f2" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_798442bf-12e1-d944-3fa1-8b797b67482e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MinorityInterestInJointVentures" xlink:label="loc_us-gaap_MinorityInterestInJointVentures_57a5b270-770f-5475-23f0-8e30155f2db1" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_MinorityInterestInJointVentures_57a5b270-770f-5475-23f0-8e30155f2db1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MinorityInterestInOperatingPartnerships" xlink:label="loc_us-gaap_MinorityInterestInOperatingPartnerships_5d0dc45a-c88a-1317-3c61-0eaf2942b43e" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_MinorityInterestInOperatingPartnerships_5d0dc45a-c88a-1317-3c61-0eaf2942b43e" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedStatementsOfCashFlows" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_c64b7cdb-8ea7-0c01-95ce-44eab1a859bf" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_c64b7cdb-8ea7-0c01-95ce-44eab1a859bf" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_cd2751f5-2e79-f93c-3d3f-89c4c9dbbb9d" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_cd2751f5-2e79-f93c-3d3f-89c4c9dbbb9d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="loc_us-gaap_ProceedsFromDerivativeInstrumentInvestingActivities_e7b83f7a-6cc8-d538-8df6-fd286e3cdef5" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_ProceedsFromDerivativeInstrumentInvestingActivities_e7b83f7a-6cc8-d538-8df6-fd286e3cdef5" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_PaymentstoAcquireRealEstateSecurities" xlink:label="loc_ladr_PaymentstoAcquireRealEstateSecurities_A8322BC02E39DCCF84FC6B2A4A6B28F6" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_ladr_PaymentstoAcquireRealEstateSecurities_A8322BC02E39DCCF84FC6B2A4A6B28F6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_b2d1473c-d06a-7053-5039-5cb1510f932e" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_b2d1473c-d06a-7053-5039-5cb1510f932e" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_ProceedsfromSaleofRealEstateSecurities" xlink:label="loc_ladr_ProceedsfromSaleofRealEstateSecurities_479EC687BB676B9E61016B305B096642" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_ladr_ProceedsfromSaleofRealEstateSecurities_479EC687BB676B9E61016B305B096642" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromSaleOfFederalReserveStock" xlink:label="loc_us-gaap_ProceedsFromSaleOfFederalReserveStock_c4df09c2-557a-0adb-f47b-c4507026a0a1" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_ProceedsFromSaleOfFederalReserveStock_c4df09c2-557a-0adb-f47b-c4507026a0a1" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans" xlink:label="loc_ladr_PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans_2c1eac8a-3d10-4add-cd99-41d8b795b267" xlink:type="locator" />
    <link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_ladr_PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans_2c1eac8a-3d10-4add-cd99-41d8b795b267" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment" xlink:label="loc_us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment_f7044ea9-ed58-6472-8324-9b350a5a4f0d" xlink:type="locator" />
    <link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment_f7044ea9-ed58-6472-8324-9b350a5a4f0d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment" xlink:label="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_bd5ab5f0-a264-b4d5-ddd3-4ced9c0ad473" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_bd5ab5f0-a264-b4d5-ddd3-4ced9c0ad473" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities" xlink:label="loc_ladr_ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities_48ea8b44-f123-4759-6f8c-41d8b7b4578c" xlink:type="locator" />
    <link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_ladr_ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities_48ea8b44-f123-4759-6f8c-41d8b7b4578c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireEquityMethodInvestments_1db37fac-6ce5-5d1f-3f25-b01134e09873" xlink:type="locator" />
    <link:calculationArc order="11" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsToAcquireEquityMethodInvestments_1db37fac-6ce5-5d1f-3f25-b01134e09873" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital" xlink:label="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_36bbede4-6aaf-abc3-bc7f-42be029fe258" xlink:type="locator" />
    <link:calculationArc order="12" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_36bbede4-6aaf-abc3-bc7f-42be029fe258" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestPaidCapitalized" xlink:label="loc_us-gaap_InterestPaidCapitalized_cda3f065-bd8b-f332-16d6-37458c4f51ce" xlink:type="locator" />
    <link:calculationArc order="13" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_InterestPaidCapitalized_cda3f065-bd8b-f332-16d6-37458c4f51ce" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireInvestments_94ef4f28-36c0-ebcc-c252-3b37968b424e" xlink:type="locator" />
    <link:calculationArc order="14" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsToAcquireInvestments_94ef4f28-36c0-ebcc-c252-3b37968b424e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireRealEstateHeldForInvestment" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstateHeldForInvestment_f6046b51-e4bc-ba3b-c8a8-af4fabea7258" xlink:type="locator" />
    <link:calculationArc order="15" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsToAcquireRealEstateHeldForInvestment_f6046b51-e4bc-ba3b-c8a8-af4fabea7258" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsForCapitalImprovements" xlink:label="loc_us-gaap_PaymentsForCapitalImprovements_f5c1f4d2-0516-ac7f-e69e-a98a2d8a3ef8" xlink:type="locator" />
    <link:calculationArc order="16" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsForCapitalImprovements_f5c1f4d2-0516-ac7f-e69e-a98a2d8a3ef8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment" xlink:label="loc_us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_3692941b-4285-fef3-ecd4-e6b1c7deab74" xlink:type="locator" />
    <link:calculationArc order="17" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_3692941b-4285-fef3-ecd4-e6b1c7deab74" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_c64b7cdb-8ea7-0c01-95ce-44eab1a859bf" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_43305c85-41ff-3d0f-c464-dc8983363bce" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_43305c85-41ff-3d0f-c464-dc8983363bce" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsOfFinancingCosts" xlink:label="loc_us-gaap_PaymentsOfFinancingCosts_8bd1a974-560d-3f84-e984-727058b1874b" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_PaymentsOfFinancingCosts_8bd1a974-560d-3f84-e984-727058b1874b" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_ProceedsfromBorrowingUnderDebtObligations" xlink:label="loc_ladr_ProceedsfromBorrowingUnderDebtObligations_a6c15789-e420-99a8-d6c4-41d8b9c66e73" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_ladr_ProceedsfromBorrowingUnderDebtObligations_a6c15789-e420-99a8-d6c4-41d8b9c66e73" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_RepaymentsofBorrowingsUnderDebtObligations" xlink:label="loc_ladr_RepaymentsofBorrowingsUnderDebtObligations_ea9ceb91-7010-9f04-18c0-41d8b8129607" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_ladr_RepaymentsofBorrowingsUnderDebtObligations_ea9ceb91-7010-9f04-18c0-41d8b8129607" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsOfOrdinaryDividends" xlink:label="loc_us-gaap_PaymentsOfOrdinaryDividends_51dc3979-8c2d-8f2b-5d40-e3533f460bb4" xlink:type="locator" />
    <link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_PaymentsOfOrdinaryDividends_51dc3979-8c2d-8f2b-5d40-e3533f460bb4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_d4a92697-d008-996b-823a-bd9a56a04b3a" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_d4a92697-d008-996b-823a-bd9a56a04b3a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_6ec8bc8e-bcd9-36ad-d8ae-2c2fa1dfd920" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_6ec8bc8e-bcd9-36ad-d8ae-2c2fa1dfd920" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsOfStockIssuanceCosts" xlink:label="loc_us-gaap_PaymentsOfStockIssuanceCosts_ea422513-12bd-029b-0166-7c34286633bc" xlink:type="locator" />
    <link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_PaymentsOfStockIssuanceCosts_ea422513-12bd-029b-0166-7c34286633bc" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_dcb697a2-d8f0-57e1-08fe-44decbefa04c" xlink:type="locator" />
    <link:calculationArc order="9" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_PaymentsToMinorityShareholders_dcb697a2-d8f0-57e1-08fe-44decbefa04c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromMinorityShareholders_a5dc819c-8eaf-e4c1-9f51-d9cf65264aae" xlink:type="locator" />
    <link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_ProceedsFromMinorityShareholders_a5dc819c-8eaf-e4c1-9f51-d9cf65264aae" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_c64b7cdb-8ea7-0c01-95ce-44eab1a859bf" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_11620bd8-431c-98f6-ac51-02db9613dc06" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_11620bd8-431c-98f6-ac51-02db9613dc06" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_b11c1cb0-596b-4c3d-0283-76cef67837c7" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_DepreciationDepletionAndAmortization_b11c1cb0-596b-4c3d-0283-76cef67837c7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="loc_us-gaap_UnrealizedGainLossOnDerivatives_617b1db1-ae07-85bc-53dc-378b73f4faf0" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_UnrealizedGainLossOnDerivatives_617b1db1-ae07-85bc-53dc-378b73f4faf0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquitySecuritiesFvNiUnrealizedGainLoss" xlink:label="loc_us-gaap_EquitySecuritiesFvNiUnrealizedGainLoss_7dc79878-6c70-80cd-fdf9-04f13ac557f6" xlink:type="locator" />
    <link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_EquitySecuritiesFvNiUnrealizedGainLoss_7dc79878-6c70-80cd-fdf9-04f13ac557f6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtSecuritiesAvailableForSaleUnrealizedGainLoss" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedGainLoss_ede84948-e409-a922-724a-bf2583ea4260" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedGainLoss_ede84948-e409-a922-724a-bf2583ea4260" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrealizedGainLossOnInvestments" xlink:label="loc_us-gaap_UnrealizedGainLossOnInvestments_0e9fb652-d895-9adb-cbe5-8f403953d249" xlink:type="locator" />
    <link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_UnrealizedGainLossOnInvestments_0e9fb652-d895-9adb-cbe5-8f403953d249" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProvisionForLoanLossesExpensed" xlink:label="loc_us-gaap_ProvisionForLoanLossesExpensed_4487fcf4-b7ec-a7a8-ae9b-0f17fd8bcea8" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_ProvisionForLoanLossesExpensed_4487fcf4-b7ec-a7a8-ae9b-0f17fd8bcea8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_90cbc3ab-f555-6407-b3b4-b2bfa84c9f18" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_ShareBasedCompensation_90cbc3ab-f555-6407-b3b4-b2bfa84c9f18" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:label="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_1b3da715-8d28-869a-fc9e-cb75bcd8d652" xlink:type="locator" />
    <link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_1b3da715-8d28-869a-fc9e-cb75bcd8d652" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AmortizationOfDebtDiscountPremium" xlink:label="loc_us-gaap_AmortizationOfDebtDiscountPremium_d883e212-a0a2-0f3a-80cd-5a5472a7f783" xlink:type="locator" />
    <link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_AmortizationOfDebtDiscountPremium_d883e212-a0a2-0f3a-80cd-5a5472a7f783" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AmortizationOfAboveAndBelowMarketLeases" xlink:label="loc_us-gaap_AmortizationOfAboveAndBelowMarketLeases_3c0792c7-1a37-114f-0539-d4ca1d1ed0e8" xlink:type="locator" />
    <link:calculationArc order="12" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_AmortizationOfAboveAndBelowMarketLeases_3c0792c7-1a37-114f-0539-d4ca1d1ed0e8" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_AccretionAmortizationofDiscountsandPremiumsLoans" xlink:label="loc_ladr_AccretionAmortizationofDiscountsandPremiumsLoans_ce946e33-32ab-1b3b-9eeb-41d8bbfbc0ac" xlink:type="locator" />
    <link:calculationArc order="13" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_ladr_AccretionAmortizationofDiscountsandPremiumsLoans_ce946e33-32ab-1b3b-9eeb-41d8bbfbc0ac" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:label="loc_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_4f3832d5-e2fd-470b-5e04-ece38e7ab02d" xlink:type="locator" />
    <link:calculationArc order="14" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_4f3832d5-e2fd-470b-5e04-ece38e7ab02d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSalesOfLoansNet" xlink:label="loc_us-gaap_GainLossOnSalesOfLoansNet_3ca1a017-0d3d-17e6-864b-f2de767399fe" xlink:type="locator" />
    <link:calculationArc order="15" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_GainLossOnSalesOfLoansNet_3ca1a017-0d3d-17e6-864b-f2de767399fe" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtAndEquitySecuritiesRealizedGainLoss" xlink:label="loc_us-gaap_DebtAndEquitySecuritiesRealizedGainLoss_40d87ea7-154b-a06e-77ef-9d2d6ba95a57" xlink:type="locator" />
    <link:calculationArc order="16" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_DebtAndEquitySecuritiesRealizedGainLoss_40d87ea7-154b-a06e-77ef-9d2d6ba95a57" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSaleOfProperties" xlink:label="loc_us-gaap_GainLossOnSaleOfProperties_5e7235c9-7f67-a14a-b112-307ce793db31" xlink:type="locator" />
    <link:calculationArc order="17" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_GainLossOnSaleOfProperties_5e7235c9-7f67-a14a-b112-307ce793db31" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSaleOfDerivatives" xlink:label="loc_us-gaap_GainLossOnSaleOfDerivatives_f24bc386-3b71-3b99-5a95-711a3c661a08" xlink:type="locator" />
    <link:calculationArc order="18" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_GainLossOnSaleOfDerivatives_f24bc386-3b71-3b99-5a95-711a3c661a08" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_577bdd45-f35a-c8f3-52b3-586cf5b560ca" xlink:type="locator" />
    <link:calculationArc order="19" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_577bdd45-f35a-c8f3-52b3-586cf5b560ca" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToPurchaseMortgageLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsToPurchaseMortgageLoansHeldForSale_33a729a5-522c-3eb1-436a-66d61b8f0f14" xlink:type="locator" />
    <link:calculationArc order="20" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_PaymentsToPurchaseMortgageLoansHeldForSale_33a729a5-522c-3eb1-436a-66d61b8f0f14" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale" xlink:label="loc_us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale_cac84c6c-a3c1-033b-98a8-a4b403e5981d" xlink:type="locator" />
    <link:calculationArc order="21" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale_cac84c6c-a3c1-033b-98a8-a4b403e5981d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale" xlink:label="loc_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_0bdd2cc7-5b46-b8c1-f93b-4cd8bec9c9c7" xlink:type="locator" />
    <link:calculationArc order="22" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_0bdd2cc7-5b46-b8c1-f93b-4cd8bec9c9c7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_d01a4d5f-b660-27b4-db84-9a80227862fc" xlink:type="locator" />
    <link:calculationArc order="23" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_d01a4d5f-b660-27b4-db84-9a80227862fc" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_fc492244-7d5a-7cd0-89f2-ebfd74c617eb" xlink:type="locator" />
    <link:calculationArc order="24" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_fc492244-7d5a-7cd0-89f2-ebfd74c617eb" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_852a0148-80e8-01e7-45e2-04986579e466" xlink:type="locator" />
    <link:calculationArc order="25" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_852a0148-80e8-01e7-45e2-04986579e466" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_PaymentsPursuantToTaxReceivableAgreement" xlink:label="loc_ladr_PaymentsPursuantToTaxReceivableAgreement_e32ede73-316d-80ec-b3f9-41d8b8bd2f6c" xlink:type="locator" />
    <link:calculationArc order="26" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_ladr_PaymentsPursuantToTaxReceivableAgreement_e32ede73-316d-80ec-b3f9-41d8b8bd2f6c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:label="loc_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_21b2374f-ed59-409a-8c93-50623e6a6908" xlink:type="locator" />
    <link:calculationArc order="27" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_21b2374f-ed59-409a-8c93-50623e6a6908" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_d54a644c-3d3c-bcc1-da30-2f136651f90f" xlink:type="locator" />
    <link:calculationArc order="28" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_d54a644c-3d3c-bcc1-da30-2f136651f90f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccruedLiabilities_2d76eef5-dce5-0152-632e-9bab39da698c" xlink:type="locator" />
    <link:calculationArc order="29" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncreaseDecreaseInAccruedLiabilities_2d76eef5-dce5-0152-632e-9bab39da698c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_1ce4b89e-fa52-7101-5bea-622168a4559a" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_32f41ea9-05c6-e713-464b-586a571d1c1f" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_1ce4b89e-fa52-7101-5bea-622168a4559a" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_32f41ea9-05c6-e713-464b-586a571d1c1f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestrictedCashAndInvestments" xlink:label="loc_us-gaap_RestrictedCashAndInvestments_eaf1f5a2-9cc8-075a-3627-929d43e809f8" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_1ce4b89e-fa52-7101-5bea-622168a4559a" xlink:to="loc_us-gaap_RestrictedCashAndInvestments_eaf1f5a2-9cc8-075a-3627-929d43e809f8" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedStatementsOfChangesInEquity" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_7A005D574C805DE0A2342DC62B25A00C" xlink:type="locator" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership" xlink:label="loc_ladr_ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership_C4059B1B6C4C53599DB5FFFC4AEB082D" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_7A005D574C805DE0A2342DC62B25A00C" xlink:to="loc_ladr_ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership_C4059B1B6C4C53599DB5FFFC4AEB082D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_5E8D418F92A352229C8F5FAFFE387EA6" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership_C4059B1B6C4C53599DB5FFFC4AEB082D" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_5E8D418F92A352229C8F5FAFFE387EA6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_7A1D759C4E08512297AFFFE769188A09" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_5E8D418F92A352229C8F5FAFFE387EA6" xlink:to="loc_us-gaap_ProfitLoss_7A1D759C4E08512297AFFFE769188A09" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EB005895DDD9509C96CD8F5CBF20827F" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_5E8D418F92A352229C8F5FAFFE387EA6" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EB005895DDD9509C96CD8F5CBF20827F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_B2989CC608205D529CB38BB246357D98" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EB005895DDD9509C96CD8F5CBF20827F" xlink:to="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_B2989CC608205D529CB38BB246357D98" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_35F5DE01909A5887B33E96135BD260A7" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EB005895DDD9509C96CD8F5CBF20827F" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_35F5DE01909A5887B33E96135BD260A7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable" xlink:label="loc_us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable_45FE6C41140251A8B7D03AB597E9F600" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership_C4059B1B6C4C53599DB5FFFC4AEB082D" xlink:to="loc_us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable_45FE6C41140251A8B7D03AB597E9F600" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable" xlink:label="loc_ladr_NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable_5ECB4926EF4B5BAD802662078FDB2C90" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_7A005D574C805DE0A2342DC62B25A00C" xlink:to="loc_ladr_NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable_5ECB4926EF4B5BAD802662078FDB2C90" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedStatementsOfIncome" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4d7615b5-9ab5-8e33-2d33-f406eee209fc" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable" xlink:label="loc_us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable_1a1f3b53-c1ee-5106-c790-bc46f826f409" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4d7615b5-9ab5-8e33-2d33-f406eee209fc" xlink:to="loc_us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable_1a1f3b53-c1ee-5106-c790-bc46f826f409" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable" xlink:label="loc_us-gaap_NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable_c4b14db8-28bd-35e6-e3f6-9cd671af5ec3" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4d7615b5-9ab5-8e33-2d33-f406eee209fc" xlink:to="loc_us-gaap_NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable_c4b14db8-28bd-35e6-e3f6-9cd671af5ec3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4d8b6d19-6a54-06aa-2077-c10380bd20d1" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4d8b6d19-6a54-06aa-2077-c10380bd20d1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss" xlink:label="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_43276f52-64d7-633b-1383-000dbf34adbf" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4d8b6d19-6a54-06aa-2077-c10380bd20d1" xlink:to="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_43276f52-64d7-633b-1383-000dbf34adbf" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_80036452-8f22-8b77-cf8f-49eda674198d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_43276f52-64d7-633b-1383-000dbf34adbf" xlink:to="loc_us-gaap_InterestIncomeExpenseNet_80036452-8f22-8b77-cf8f-49eda674198d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="loc_us-gaap_InterestAndDividendIncomeOperating_d819c94a-bab7-8f0d-e002-16185f2a3d8f" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InterestIncomeExpenseNet_80036452-8f22-8b77-cf8f-49eda674198d" xlink:to="loc_us-gaap_InterestAndDividendIncomeOperating_d819c94a-bab7-8f0d-e002-16185f2a3d8f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_a56b34b7-57ab-a07c-7f03-8366849a14f0" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InterestIncomeExpenseNet_80036452-8f22-8b77-cf8f-49eda674198d" xlink:to="loc_us-gaap_InterestExpense_a56b34b7-57ab-a07c-7f03-8366849a14f0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProvisionForLoanLossesExpensed" xlink:label="loc_us-gaap_ProvisionForLoanLossesExpensed_4487fcf4-b7ec-a7a8-ae9b-0f17fd8bcea8" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_43276f52-64d7-633b-1383-000dbf34adbf" xlink:to="loc_us-gaap_ProvisionForLoanLossesExpensed_4487fcf4-b7ec-a7a8-ae9b-0f17fd8bcea8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4d8b6d19-6a54-06aa-2077-c10380bd20d1" xlink:to="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_cd6a432c-ebc8-0b40-2d88-f2a0d64ca9bc" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_cd6a432c-ebc8-0b40-2d88-f2a0d64ca9bc" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_TenantRecoveries" xlink:label="loc_ladr_TenantRecoveries_46817141CB95E9100630421105EB47C3" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_ladr_TenantRecoveries_46817141CB95E9100630421105EB47C3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSalesOfLoansNet" xlink:label="loc_us-gaap_GainLossOnSalesOfLoansNet_3ca1a017-0d3d-17e6-864b-f2de767399fe" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_GainLossOnSalesOfLoansNet_3ca1a017-0d3d-17e6-864b-f2de767399fe" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquitySecuritiesFvNiUnrealizedGainLoss" xlink:label="loc_us-gaap_EquitySecuritiesFvNiUnrealizedGainLoss_7dc79878-6c70-80cd-fdf9-04f13ac557f6" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_EquitySecuritiesFvNiUnrealizedGainLoss_7dc79878-6c70-80cd-fdf9-04f13ac557f6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtAndEquitySecuritiesUnrealizedGainLoss" xlink:label="loc_us-gaap_DebtAndEquitySecuritiesUnrealizedGainLoss_ab725082-c5ef-92ea-1e79-18ccf29744d4" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_DebtAndEquitySecuritiesUnrealizedGainLoss_ab725082-c5ef-92ea-1e79-18ccf29744d4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSaleOfProperties" xlink:label="loc_us-gaap_GainLossOnSaleOfProperties_5e7235c9-7f67-a14a-b112-307ce793db31" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_GainLossOnSaleOfProperties_5e7235c9-7f67-a14a-b112-307ce793db31" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestAndFeeIncomeLoansAndLeases" xlink:label="loc_us-gaap_InterestAndFeeIncomeLoansAndLeases_5e280e98-99c6-f098-f4f9-65bce8235b66" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_InterestAndFeeIncomeLoansAndLeases_5e280e98-99c6-f098-f4f9-65bce8235b66" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_21e1e17d-8548-ebf7-18c6-2b0715714390" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_21e1e17d-8548-ebf7-18c6-2b0715714390" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_d01a4d5f-b660-27b4-db84-9a80227862fc" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_d01a4d5f-b660-27b4-db84-9a80227862fc" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_11620bd8-431c-98f6-ac51-02db9613dc06" xlink:type="locator" />
    <link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_11620bd8-431c-98f6-ac51-02db9613dc06" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtAndEquitySecuritiesRealizedGainLoss" xlink:label="loc_us-gaap_DebtAndEquitySecuritiesRealizedGainLoss_40d87ea7-154b-a06e-77ef-9d2d6ba95a57" xlink:type="locator" />
    <link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:to="loc_us-gaap_DebtAndEquitySecuritiesRealizedGainLoss_40d87ea7-154b-a06e-77ef-9d2d6ba95a57" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4d8b6d19-6a54-06aa-2077-c10380bd20d1" xlink:to="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_1283cb92-0ae2-bdeb-f803-6d5e502ce8d9" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:to="loc_us-gaap_LaborAndRelatedExpense_1283cb92-0ae2-bdeb-f803-6d5e502ce8d9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_a2f4cf19-54a3-c9c5-9b4d-23b76125e270" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:to="loc_us-gaap_OperatingExpenses_a2f4cf19-54a3-c9c5-9b4d-23b76125e270" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_RealEstateOperatingExpenses" xlink:label="loc_ladr_RealEstateOperatingExpenses_4c3ee8fa-05d1-2cf3-7739-41d8b821a058" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:to="loc_ladr_RealEstateOperatingExpenses_4c3ee8fa-05d1-2cf3-7739-41d8b821a058" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_FeeExpenses" xlink:label="loc_ladr_FeeExpenses_8cd4308a-4cbf-398f-f300-41d8b8026e5e" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:to="loc_ladr_FeeExpenses_8cd4308a-4cbf-398f-f300-41d8b8026e5e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_b11c1cb0-596b-4c3d-0283-76cef67837c7" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:to="loc_us-gaap_DepreciationDepletionAndAmortization_b11c1cb0-596b-4c3d-0283-76cef67837c7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_97bbae57-7f84-4da9-acab-610e56204929" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_97bbae57-7f84-4da9-acab-610e56204929" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedVariableInterestEntities" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedVariableInterestEntitiesDetails" xlink:type="extended">
    <link:loc xlink:href="ladr-20181114.xsd#ladr_VariableInterestEntityConsolidatedLiabilitiesAndEquity" xlink:label="loc_ladr_VariableInterestEntityConsolidatedLiabilitiesAndEquity_ce56e64c-c56e-85bd-6c53-41d8b7162a2a" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_6217a7c6-5c9a-be0b-f338-c7daf18c0fde" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_VariableInterestEntityConsolidatedLiabilitiesAndEquity_ce56e64c-c56e-85bd-6c53-41d8b7162a2a" xlink:to="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_6217a7c6-5c9a-be0b-f338-c7daf18c0fde" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_VariableInterestEntityConsolidatedEquity" xlink:label="loc_ladr_VariableInterestEntityConsolidatedEquity_88513b1d-5b15-22a2-ccf5-41d8b969b7fc" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_VariableInterestEntityConsolidatedLiabilitiesAndEquity_ce56e64c-c56e-85bd-6c53-41d8b7162a2a" xlink:to="loc_ladr_VariableInterestEntityConsolidatedEquity_88513b1d-5b15-22a2-ccf5-41d8b969b7fc" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ConsolidatedVariableInterestEntitiesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DebtObligationsNet" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DebtObligationsNetAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DebtObligationsNetScheduleOfCompanysDebtObligationsDetails" xlink:type="extended">
    <link:loc xlink:href="ladr-20181114.xsd#ladr_DebtObligations" xlink:label="loc_ladr_DebtObligations_49b522c2-d985-cc32-a58a-41d8b7f2e4b9" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_c0a6fc4c-885f-a12e-f10a-8a03a0ee6c86" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_DebtObligations_49b522c2-d985-cc32-a58a-41d8b7f2e4b9" xlink:to="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_c0a6fc4c-885f-a12e-f10a-8a03a0ee6c86" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SeniorNotes" xlink:label="loc_us-gaap_SeniorNotes_805825a6-6caf-5f95-21b5-44c1d28c4484" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_DebtObligations_49b522c2-d985-cc32-a58a-41d8b7f2e4b9" xlink:to="loc_us-gaap_SeniorNotes_805825a6-6caf-5f95-21b5-44c1d28c4484" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DebtObligationsNetScheduleOfMaturitiesDetails" xlink:type="extended">
    <link:loc xlink:href="ladr-20181114.xsd#ladr_DebtObligations" xlink:label="loc_ladr_DebtObligations_81E7DE2ED3A55856AD04AA0DF3B52768" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtAndCapitalLeaseObligations" xlink:label="loc_us-gaap_DebtAndCapitalLeaseObligations_86AF0E9B13B45B5498B40C137A84CD13" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_DebtObligations_81E7DE2ED3A55856AD04AA0DF3B52768" xlink:to="loc_us-gaap_DebtAndCapitalLeaseObligations_86AF0E9B13B45B5498B40C137A84CD13" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_ED3EBF7D41BE51E498848A4CAC0756CF" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtAndCapitalLeaseObligations_86AF0E9B13B45B5498B40C137A84CD13" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_ED3EBF7D41BE51E498848A4CAC0756CF" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_5E3B5A408210538B81C75E541351E0AB" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtAndCapitalLeaseObligations_86AF0E9B13B45B5498B40C137A84CD13" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_5E3B5A408210538B81C75E541351E0AB" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_B1602B9906075C3387B50CA899A29E6D" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtAndCapitalLeaseObligations_86AF0E9B13B45B5498B40C137A84CD13" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_B1602B9906075C3387B50CA899A29E6D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D3E9D92D610F5FE89CB146707A657ED0" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtAndCapitalLeaseObligations_86AF0E9B13B45B5498B40C137A84CD13" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D3E9D92D610F5FE89CB146707A657ED0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_0CC2C037F08F585099F0DC2C1F7983D4" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtAndCapitalLeaseObligations_86AF0E9B13B45B5498B40C137A84CD13" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_0CC2C037F08F585099F0DC2C1F7983D4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_1AE5C0A2F9A35D5D80CA8D77CA9A7181" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtAndCapitalLeaseObligations_86AF0E9B13B45B5498B40C137A84CD13" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_1AE5C0A2F9A35D5D80CA8D77CA9A7181" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="loc_us-gaap_DeferredFinanceCostsNet_FDA2F06B63625C25915A889621B89800" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_DebtObligations_81E7DE2ED3A55856AD04AA0DF3B52768" xlink:to="loc_us-gaap_DeferredFinanceCostsNet_FDA2F06B63625C25915A889621B89800" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentUnamortizedPremium" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedPremium_A9DA1B2874CB5A09BAA3E703941DEA21" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_DebtObligations_81E7DE2ED3A55856AD04AA0DF3B52768" xlink:to="loc_us-gaap_DebtInstrumentUnamortizedPremium_A9DA1B2874CB5A09BAA3E703941DEA21" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DebtObligationsNetSeniorUnsecuredNotesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DebtObligationsNetTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DerivativeInstruments" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DerivativeInstrumentsAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DerivativeInstrumentsScheduleOfDerivativesOutstandingDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DerivativeInstrumentsScheduleOfRealizedGainsLossesOnDerivativesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_21e1e17d-8548-ebf7-18c6-2b0715714390" xlink:type="locator" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_UnrealizedGainOrLossOnDerivatives" xlink:label="loc_ladr_UnrealizedGainOrLossOnDerivatives_92e1b864-7ee4-1204-ef86-41d8b9a75f34" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_21e1e17d-8548-ebf7-18c6-2b0715714390" xlink:to="loc_ladr_UnrealizedGainOrLossOnDerivatives_92e1b864-7ee4-1204-ef86-41d8b9a75f34" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="loc_us-gaap_DerivativeGainLossOnDerivativeNet_f29e1615-69a8-32d6-e81b-bb176e7348de" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_21e1e17d-8548-ebf7-18c6-2b0715714390" xlink:to="loc_us-gaap_DerivativeGainLossOnDerivativeNet_f29e1615-69a8-32d6-e81b-bb176e7348de" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DerivativeInstrumentsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/DocumentAndEntityInformation" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EarningsPerShare" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EarningsPerShareNetIncomeAndWeightedAverageSharesOutstandingDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EarningsPerShareScheduleOfCalculationOfBasicAndDilutedEpsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EarningsPerShareTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EquityStructureAndAccounts" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EquityStructureAndAccountsAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EquityStructureAndAccountsChangesInAccumulatedOtherComprehensiveIncomeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EquityStructureAndAccountsDividendsDeclaredDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EquityStructureAndAccountsScheduleOfDividendsDeclaredAndPaidDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EquityStructureAndAccountsScheduleOfRepurchaseOfTreasuryStockActivityDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/EquityStructureAndAccountsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/FairValueOfFinancialInstruments" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsEstimatedFairValuesOfFinancialInstrumentsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsScheduleOfChangesInLevel3Details" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsScheduleOfQuantitativeInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsSummaryOfFinancialAssetsAndLiabilitiesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/FairValueOfFinancialInstrumentsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/IncomeTaxes" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_476b367a-1ad6-eb34-c01b-595b754b8aa8" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries" xlink:label="loc_us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries_9a0a1323-4448-6ddf-3861-66bd22356e99" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_476b367a-1ad6-eb34-c01b-595b754b8aa8" xlink:to="loc_us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries_9a0a1323-4448-6ddf-3861-66bd22356e99" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_DeferredTaxAssetsUnrealizedGainsandLosses" xlink:label="loc_ladr_DeferredTaxAssetsUnrealizedGainsandLosses_213F1302437D32AF23EB83D072FB6812" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_476b367a-1ad6-eb34-c01b-595b754b8aa8" xlink:to="loc_ladr_DeferredTaxAssetsUnrealizedGainsandLosses_213F1302437D32AF23EB83D072FB6812" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsDerivativeInstruments" xlink:label="loc_us-gaap_DeferredTaxAssetsDerivativeInstruments_4604f04c-09cf-e521-b77f-af882240df1d" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_476b367a-1ad6-eb34-c01b-595b754b8aa8" xlink:to="loc_us-gaap_DeferredTaxAssetsDerivativeInstruments_4604f04c-09cf-e521-b77f-af882240df1d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_d9af76c3-a64a-3b37-1d7d-4e9be8c70af6" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_476b367a-1ad6-eb34-c01b-595b754b8aa8" xlink:to="loc_us-gaap_DeferredTaxAssetsValuationAllowance_d9af76c3-a64a-3b37-1d7d-4e9be8c70af6" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/IncomeTaxesComponentsOfDeferredTaxLiabilityDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_cee36967-7b64-56b0-03ea-66fbd4d14899" xlink:type="locator" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_DeferredTaxLiabilitiesInvestmentinSubsidiaries" xlink:label="loc_ladr_DeferredTaxLiabilitiesInvestmentinSubsidiaries_E2ECB548F997837E93B183D496537FFB" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxLiabilities_cee36967-7b64-56b0-03ea-66fbd4d14899" xlink:to="loc_ladr_DeferredTaxLiabilitiesInvestmentinSubsidiaries_E2ECB548F997837E93B183D496537FFB" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/IncomeTaxesComponentsOfProvisionForIncomeTaxesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_97bbae57-7f84-4da9-acab-610e56204929" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_e8a9abf2-38d3-77d1-fb6b-693fef632294" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_97bbae57-7f84-4da9-acab-610e56204929" xlink:to="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_e8a9abf2-38d3-77d1-fb6b-693fef632294" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_650e6c8f-1409-4de1-126f-784909f82e64" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_e8a9abf2-38d3-77d1-fb6b-693fef632294" xlink:to="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_650e6c8f-1409-4de1-126f-784909f82e64" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_10aa09ac-60b4-bd88-6c3b-c85b3f0fbf0a" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_e8a9abf2-38d3-77d1-fb6b-693fef632294" xlink:to="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_10aa09ac-60b4-bd88-6c3b-c85b3f0fbf0a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_816edbc5-9d4b-113c-7ce2-6c08dd555314" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_97bbae57-7f84-4da9-acab-610e56204929" xlink:to="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_816edbc5-9d4b-113c-7ce2-6c08dd555314" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentFederalTaxExpenseBenefit_b975ff9b-a11f-f2b5-e104-e0266dbbbfc6" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_816edbc5-9d4b-113c-7ce2-6c08dd555314" xlink:to="loc_us-gaap_CurrentFederalTaxExpenseBenefit_b975ff9b-a11f-f2b5-e104-e0266dbbbfc6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_4d365c95-da3d-c3cb-6f6b-7945d285af9f" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_816edbc5-9d4b-113c-7ce2-6c08dd555314" xlink:to="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_4d365c95-da3d-c3cb-6f6b-7945d285af9f" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/IncomeTaxesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/IncomeTaxesPhantomDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/IncomeTaxesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/IncomeTaxesTaxRateReconciliationDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_f1b8c80c-fe31-3624-3b0a-70273297561e" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_51d18bf0-0823-2940-9470-e9bbca486da6" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_f1b8c80c-fe31-3624-3b0a-70273297561e" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_51d18bf0-0823-2940-9470-e9bbca486da6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_eb2d6db2-ac3f-7d42-8670-da80b9d63618" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_f1b8c80c-fe31-3624-3b0a-70273297561e" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_eb2d6db2-ac3f-7d42-8670-da80b9d63618" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_d23dd313-f50b-59fa-fd80-0dbe24277535" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_f1b8c80c-fe31-3624-3b0a-70273297561e" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_d23dd313-f50b-59fa-fd80-0dbe24277535" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_082942cb-e31f-ff03-a943-7f4739f70da9" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_f1b8c80c-fe31-3624-3b0a-70273297561e" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_082942cb-e31f-ff03-a943-7f4739f70da9" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent" xlink:label="loc_ladr_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_8AD1FA4CAF892EA356D783CA88A44E15" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_f1b8c80c-fe31-3624-3b0a-70273297561e" xlink:to="loc_ladr_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent_8AD1FA4CAF892EA356D783CA88A44E15" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_00f37689-1982-1c68-c80b-43003f810247" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_f1b8c80c-fe31-3624-3b0a-70273297561e" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_00f37689-1982-1c68-c80b-43003f810247" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVentures" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesInvestmentsInUnconsolidatedJointVenturesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesPhantomDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesResultsFromOperationsOfUnconsolidatedJointVenturesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_52db9593-07ab-9982-3861-6efa88dcc274" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_85791a22-1377-dc25-20c8-375e9e1bcba0" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_52db9593-07ab-9982-3861-6efa88dcc274" xlink:to="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_85791a22-1377-dc25-20c8-375e9e1bcba0" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_EquityMethodInvestmentSummarizedFinancialInformationExpenses" xlink:label="loc_ladr_EquityMethodInvestmentSummarizedFinancialInformationExpenses_a2658440-5505-e7fc-3f4d-41d8b87f29e2" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_52db9593-07ab-9982-3861-6efa88dcc274" xlink:to="loc_ladr_EquityMethodInvestmentSummarizedFinancialInformationExpenses_a2658440-5505-e7fc-3f4d-41d8b87f29e2" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesSummaryOfAllocatedEarningsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/InvestmentInUnconsolidatedJointVenturesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/MortgageLoanReceivables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/MortgageLoanReceivablesActivityInLoanPortfolioDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/MortgageLoanReceivablesAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/MortgageLoanReceivablesMortgageLoanReceivablesByLoanTypeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/MortgageLoanReceivablesProvisionForLoanLossesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/MortgageLoanReceivablesScheduleOfMortgageLoansDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_de28afaf-c196-a9fb-19ce-497a503ad80a" xlink:type="locator" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_MortgageLoansonRealEstateGrossCommercialandConsumerNet" xlink:label="loc_ladr_MortgageLoansonRealEstateGrossCommercialandConsumerNet_45c78f1e-4cbf-85b8-f2b2-41d8bbebc49a" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_de28afaf-c196-a9fb-19ce-497a503ad80a" xlink:to="loc_ladr_MortgageLoansonRealEstateGrossCommercialandConsumerNet_45c78f1e-4cbf-85b8-f2b2-41d8bbebc49a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_5354ee7f-4abe-680e-b0f4-37e4ed632b64" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_de28afaf-c196-a9fb-19ce-497a503ad80a" xlink:to="loc_us-gaap_LoansAndLeasesReceivableAllowance_5354ee7f-4abe-680e-b0f4-37e4ed632b64" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/MortgageLoanReceivablesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/NoncontrollingInterests" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/NoncontrollingInterestsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/OffsettingAssetsAndLiabilities" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/OffsettingAssetsAndLiabilitiesOffsettingAssetsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_f6de7e6b-8c80-f334-6364-11b06a1ac0b0" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_082aa8c2-a051-1bb7-d441-a6d93b3f45f4" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_f6de7e6b-8c80-f334-6364-11b06a1ac0b0" xlink:to="loc_us-gaap_DerivativeAssets_082aa8c2-a051-1bb7-d441-a6d93b3f45f4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_039063f0-a070-e7c0-00b9-9f969b70b0e3" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeAssets_082aa8c2-a051-1bb7-d441-a6d93b3f45f4" xlink:to="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_039063f0-a070-e7c0-00b9-9f969b70b0e3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeCollateralObligationToReturnCash" xlink:label="loc_us-gaap_DerivativeCollateralObligationToReturnCash_e49450d9-9445-ebbf-a582-43671b9a91e6" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_f6de7e6b-8c80-f334-6364-11b06a1ac0b0" xlink:to="loc_us-gaap_DerivativeCollateralObligationToReturnCash_e49450d9-9445-ebbf-a582-43671b9a91e6" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/OffsettingAssetsAndLiabilitiesOffsettingLiabilitiesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral_D2F1E8F1BA71550D8F3E0DE0CCCDE8AE" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_59DA30B244CF5FD0B8AEE585845418AC" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral_D2F1E8F1BA71550D8F3E0DE0CCCDE8AE" xlink:to="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_59DA30B244CF5FD0B8AEE585845418AC" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_54D1C80F7CD55CC3986EF8507C6FC71D" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_59DA30B244CF5FD0B8AEE585845418AC" xlink:to="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_54D1C80F7CD55CC3986EF8507C6FC71D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_6BF86C4B338E507BAD430660CCC2A586" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_54D1C80F7CD55CC3986EF8507C6FC71D" xlink:to="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_6BF86C4B338E507BAD430660CCC2A586" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_62FFDE6D02AB59EBB1C65271F378657D" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_54D1C80F7CD55CC3986EF8507C6FC71D" xlink:to="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_62FFDE6D02AB59EBB1C65271F378657D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash_DC7FF83759D5517E95E4A5DE1BD69E3F" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral_D2F1E8F1BA71550D8F3E0DE0CCCDE8AE" xlink:to="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash_DC7FF83759D5517E95E4A5DE1BD69E3F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="loc_us-gaap_DerivativeCollateralRightToReclaimCash_2CEC6691421756E3A4C84C71699C55C8" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash_DC7FF83759D5517E95E4A5DE1BD69E3F" xlink:to="loc_us-gaap_DerivativeCollateralRightToReclaimCash_2CEC6691421756E3A4C84C71699C55C8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash_222C655136B15B5EAEA2722C1643E389" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash_DC7FF83759D5517E95E4A5DE1BD69E3F" xlink:to="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash_222C655136B15B5EAEA2722C1643E389" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments" xlink:label="loc_ladr_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments_924110D92AA65755BAECDA6E21FFC734" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral_D2F1E8F1BA71550D8F3E0DE0CCCDE8AE" xlink:to="loc_ladr_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments_924110D92AA65755BAECDA6E21FFC734" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_DerivativeCollateralRightToReclaimFinancialInstruments" xlink:label="loc_ladr_DerivativeCollateralRightToReclaimFinancialInstruments_564020530240509E942376D8CF1392F0" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments_924110D92AA65755BAECDA6E21FFC734" xlink:to="loc_ladr_DerivativeCollateralRightToReclaimFinancialInstruments_564020530240509E942376D8CF1392F0" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimFinancialInstruments" xlink:label="loc_ladr_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimFinancialInstruments_400ADB2DDFD3571FAD8533398464E7FA" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ladr_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments_924110D92AA65755BAECDA6E21FFC734" xlink:to="loc_ladr_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimFinancialInstruments_400ADB2DDFD3571FAD8533398464E7FA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral_29CA64FCBF26524F8D8187BF47A34DA5" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_51C06ADA5FB35F9F9BB2BED0BD6B67C9" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral_29CA64FCBF26524F8D8187BF47A34DA5" xlink:to="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_51C06ADA5FB35F9F9BB2BED0BD6B67C9" xlink:type="arc" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_51C06ADA5FB35F9F9BB2BED0BD6B67C9" xlink:to="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_6BF86C4B338E507BAD430660CCC2A586" xlink:type="arc" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral_29CA64FCBF26524F8D8187BF47A34DA5" xlink:to="loc_ladr_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimFinancialInstruments_400ADB2DDFD3571FAD8533398464E7FA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_A3B819ADB49A516E9C5A362AA254CCAA" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_73A91BE00F8A5DAEA269BD82E00B2827" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_A3B819ADB49A516E9C5A362AA254CCAA" xlink:to="loc_us-gaap_DerivativeLiabilities_73A91BE00F8A5DAEA269BD82E00B2827" xlink:type="arc" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilities_73A91BE00F8A5DAEA269BD82E00B2827" xlink:to="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_62FFDE6D02AB59EBB1C65271F378657D" xlink:type="arc" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_A3B819ADB49A516E9C5A362AA254CCAA" xlink:to="loc_us-gaap_DerivativeCollateralRightToReclaimCash_2CEC6691421756E3A4C84C71699C55C8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_D2536D0FE0A05F8FBA1E9969D3E867C6" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_4F25511210AB543A8207447526B979A3" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_D2536D0FE0A05F8FBA1E9969D3E867C6" xlink:to="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_4F25511210AB543A8207447526B979A3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_EEE9D7D057B45E8CB9639219F0126607" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_D2536D0FE0A05F8FBA1E9969D3E867C6" xlink:to="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_EEE9D7D057B45E8CB9639219F0126607" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/OffsettingAssetsAndLiabilitiesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/OrganizationAndOperations" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/OrganizationAndOperationsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/QuarterlyFinancialInformation" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/QuarterlyFinancialInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/QuarterlyFinancialInformationTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNet" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetExpectedFutureAmortizationExpenseDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_d3bdc20c-5c58-6be6-d756-0ace6a97f212" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_eb702279-dcb4-9c67-f159-33a06e124024" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_d3bdc20c-5c58-6be6-d756-0ace6a97f212" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_eb702279-dcb4-9c67-f159-33a06e124024" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_28c91f3b-370e-e76f-4199-69e4166aabc6" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_d3bdc20c-5c58-6be6-d756-0ace6a97f212" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_28c91f3b-370e-e76f-4199-69e4166aabc6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_f7796428-4176-97fe-5145-79a026d8547a" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_d3bdc20c-5c58-6be6-d756-0ace6a97f212" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_f7796428-4176-97fe-5145-79a026d8547a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_71fd8e03-8eaf-f20c-786b-5e0492fb281b" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_d3bdc20c-5c58-6be6-d756-0ace6a97f212" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_71fd8e03-8eaf-f20c-786b-5e0492fb281b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_8d652bfd-fc92-51b1-30d6-b90c4a94f960" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_d3bdc20c-5c58-6be6-d756-0ace6a97f212" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_8d652bfd-fc92-51b1-30d6-b90c4a94f960" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_0e7343bd-e798-afc0-7fcc-ed296ae9f91c" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_d3bdc20c-5c58-6be6-d756-0ace6a97f212" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_0e7343bd-e798-afc0-7fcc-ed296ae9f91c" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetFutureMinimumRentalPaymentsReceivableDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_dab40741-515b-3af0-d4aa-b8a5ab93ba1d" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_bc586e45-4042-250f-967d-3d713a976f3d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_dab40741-515b-3af0-d4aa-b8a5ab93ba1d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_bc586e45-4042-250f-967d-3d713a976f3d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_b6e76c1b-39df-b465-1af2-b526e3412d16" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_dab40741-515b-3af0-d4aa-b8a5ab93ba1d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_b6e76c1b-39df-b465-1af2-b526e3412d16" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_e8e69024-f660-64da-595f-10ec681d38c3" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_dab40741-515b-3af0-d4aa-b8a5ab93ba1d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_e8e69024-f660-64da-595f-10ec681d38c3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_6b30baff-0afd-9202-9c78-60debc7e3e05" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_dab40741-515b-3af0-d4aa-b8a5ab93ba1d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_6b30baff-0afd-9202-9c78-60debc7e3e05" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_a472fbba-7de0-dcb0-f9f3-99cd63837b76" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_dab40741-515b-3af0-d4aa-b8a5ab93ba1d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_a472fbba-7de0-dcb0-f9f3-99cd63837b76" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_bf858fc0-56e4-3698-5f96-0ad1917db466" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_dab40741-515b-3af0-d4aa-b8a5ab93ba1d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_bf858fc0-56e4-3698-5f96-0ad1917db466" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetRealEstatePropertiesSoldDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetScheduleOfDepreciationAndAmortizationExpenseOnRealEstateDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_97b88949-d4fc-dff4-be7f-d39018557f4e" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Depreciation" xlink:label="loc_us-gaap_Depreciation_38b416a4-4707-fba3-1084-9b8a37fd745a" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DepreciationAndAmortization_97b88949-d4fc-dff4-be7f-d39018557f4e" xlink:to="loc_us-gaap_Depreciation_38b416a4-4707-fba3-1084-9b8a37fd745a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AmortizationOfDeferredCharges" xlink:label="loc_us-gaap_AmortizationOfDeferredCharges_879f001c-3918-f653-7625-106f5c0c9373" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DepreciationAndAmortization_97b88949-d4fc-dff4-be7f-d39018557f4e" xlink:to="loc_us-gaap_AmortizationOfDeferredCharges_879f001c-3918-f653-7625-106f5c0c9373" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetScheduleOfIdentifiableAssetsAcquiredAndLiabilitiesAssumedDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetScheduleOfRealEstatePortfolioDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_3ce48387-be92-35f6-df23-5638d549b701" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAtCost" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAtCost_e5f265a6-6f01-80b3-cf33-6f443f269c8b" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_3ce48387-be92-35f6-df23-5638d549b701" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAtCost_e5f265a6-6f01-80b3-cf33-6f443f269c8b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_4416a424-085c-1756-428e-8350c7c84171" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_3ce48387-be92-35f6-df23-5638d549b701" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_4416a424-085c-1756-428e-8350c7c84171" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetScheduleOfRealEstatePropertiesAcquiredDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateAndRelatedLeaseIntangiblesNetTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateSecurities" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateSecuritiesAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateSecuritiesSecuritiesByRemainingMaturityDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5ab305fa-195a-59cf-c0de-4b5d05fc9de4" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_45fe5026-1753-782e-f077-85f7cc3cd4d3" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5ab305fa-195a-59cf-c0de-4b5d05fc9de4" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_45fe5026-1753-782e-f077-85f7cc3cd4d3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_1673ae65-92b7-3c47-39cc-4a85be6ee69f" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5ab305fa-195a-59cf-c0de-4b5d05fc9de4" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_1673ae65-92b7-3c47-39cc-4a85be6ee69f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_7d3b7707-7c37-3aa5-9a9a-3985f4216e64" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5ab305fa-195a-59cf-c0de-4b5d05fc9de4" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_7d3b7707-7c37-3aa5-9a9a-3985f4216e64" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_860dcc84-b5d0-8819-457b-bb232223055d" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5ab305fa-195a-59cf-c0de-4b5d05fc9de4" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_860dcc84-b5d0-8819-457b-bb232223055d" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateSecuritiesSummaryOfSecuritiesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_f0bf2241-14f8-6ef1-e8d7-f724d52ad9c1" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:label="loc_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5d23fa7e-7f76-6507-b72f-382f81b88e34" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_f0bf2241-14f8-6ef1-e8d7-f724d52ad9c1" xlink:to="loc_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_5d23fa7e-7f76-6507-b72f-382f81b88e34" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:label="loc_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_e0f935d0-20e2-15fc-55a1-79c116fbc07c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_f0bf2241-14f8-6ef1-e8d7-f724d52ad9c1" xlink:to="loc_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_e0f935d0-20e2-15fc-55a1-79c116fbc07c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5ab305fa-195a-59cf-c0de-4b5d05fc9de4" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_f0bf2241-14f8-6ef1-e8d7-f724d52ad9c1" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5ab305fa-195a-59cf-c0de-4b5d05fc9de4" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RealEstateSecuritiesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RelatedPartyTransactions" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/RelatedPartyTransactionsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciation" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateAccumulatedDepreciationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RealEstateGrossAtCarryingValue" xlink:label="loc_us-gaap_RealEstateGrossAtCarryingValue_1d46c003-bda6-5e08-e879-540ea7f6c1cf" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand" xlink:label="loc_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand_bbe84f95-4f21-2d3c-712d-d946dcde5c38" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateGrossAtCarryingValue_1d46c003-bda6-5e08-e879-540ea7f6c1cf" xlink:to="loc_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand_bbe84f95-4f21-2d3c-712d-d946dcde5c38" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements" xlink:label="loc_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements_3c5a8c1d-d4e2-88c2-f785-65bab4d05fa2" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateGrossAtCarryingValue_1d46c003-bda6-5e08-e879-540ea7f6c1cf" xlink:to="loc_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements_3c5a8c1d-d4e2-88c2-f785-65bab4d05fa2" xlink:type="arc" />
    <link:loc xlink:href="ladr-20181114.xsd#ladr_SECScheduleIIIRealEstateandAccumulatedDepreciationCarryingAmountofIntangibles" xlink:label="loc_ladr_SECScheduleIIIRealEstateandAccumulatedDepreciationCarryingAmountofIntangibles_1c20d7f1-4b90-462e-2ff9-41d8bc598d15" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateGrossAtCarryingValue_1d46c003-bda6-5e08-e879-540ea7f6c1cf" xlink:to="loc_ladr_SECScheduleIIIRealEstateandAccumulatedDepreciationCarryingAmountofIntangibles_1c20d7f1-4b90-462e-2ff9-41d8bc598d15" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRealEstateReconciliationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ScheduleIvMortgageLoansOnRealEstate" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/ScheduleIvMortgageLoansOnRealEstateMortgageLoansOnRealEstateDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SegmentReporting" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SegmentReportingAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SegmentReportingScheduleOfSegmentsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss" xlink:label="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_43276f52-64d7-633b-1383-000dbf34adbf" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:to="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_43276f52-64d7-633b-1383-000dbf34adbf" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:to="loc_us-gaap_NonoperatingIncomeExpense_c5398800-6e68-ed86-a47c-16106e0730c2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:to="loc_us-gaap_CostsAndExpenses_8823ccfd-55af-348e-39a2-91433072d2c9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_97bbae57-7f84-4da9-acab-610e56204929" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_97bbae57-7f84-4da9-acab-610e56204929" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SegmentReportingTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SignificantAccountingPolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SignificantAccountingPoliciesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SignificantAccountingPoliciesPolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlans" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansAdditionalInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansNonvestedSharesOutstandingDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansStockBasedCompensationPlansSummaryDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansSummaryOfGrantsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/StockBasedAndOtherCompensationPlansTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SubsequentEvents" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.laddercapital.com/role/SubsequentEventsDetails" xlink:type="extended" />
</link:linkbase>


