Apollo Commercial profits from the central bank’s rate hiking cycle. Originations plunged in the first quarter due to higher interest rate costs for borrowers. Large discount to book value shows that ...
Apollo Commercial covered its dividend with distributable profits in the last quarter. Apollo’s payout ratio improved in the second half of 2022. Other CRE companies offer more diversification than ...
Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) reported stronger-than-expected fourth quarter results while simultaneously announcing a strategic agreement to sell its entire loan portfolio.
Here’s an item no one had on their Bingo card: Apollo Commercial Real Estate Finance is exiting its commercial real estate positions. The deal will exclude two loans with a balance of $146 million, ...