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Apollo Commercial Real Estate Finance, Inc.

11.28 USD

-2.08%

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Symbol

ARI

Market Cap

1.586 Billion USD

Sector

Real Estate

Description

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate Finance, Inc. was founded in 2009 and is based in New York, New York.

Website

https://www.apolloreit.com

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