ARI

Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments. The company focuses on senior secured lending backed by institutional-quality commercial real estate across office, hotel, multifamily, retail, and industrial properties. Apollo CRE generates income through interest earned on its loan portfolio and origination fees. The company is externally managed by a subsidiary of Apollo Global Management, providing access to Apollo's deal flow, market intelligence, and credit expertise. Founded in 2009 and headquartered in New York, Apollo Commercial Real Estate Finance operates as a commercial mortgage REIT. The company benefits from demand for commercial real estate financing, spread income from its lending activities, and the Apollo relationship while navigating credit risk, interest rate environments, and commercial real estate market cycles. The REIT distributes the majority of earnings to shareholders as dividends.