Apollo Commercial Real Estate Finance, Inc.
Overview
About
Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that primarily originates and invests in senior mortgages, mezzanine loans and other commercial real estate-related debt investments collateralized by properties throughout the United States and Europe. We offer financing across a broad spectrum of commercial property types and geographies and at all points within a property's capital structure. Our ability to underwrite and structure complex transactions enables us to customize creative capital solutions for commercial real estate owners. As of September 30, 2024, our diversified loan portfolio had an amortized cost of $7.8 billion.
We are externally managed by ACREFI Management, LLC, an indirect subsidiary of Apollo Global Management, Inc. ("Apollo"), a leading global alternative investment manager. Since 2009, Apollo's real estate credit group has invested over $88 billion of capital into commercial real estate debt investments, $25 billion of which was on behalf of ARI. We are led by an experienced team of senior real estate professionals who have significant experience in commercial property ownership and finance. We also draw upon the extensive transactional, financial, managerial and investment skills of Apollo's private equity, credit and real estate investment professionals. We believe our relationship with Apollo provides us with significant advantages in sourcing, evaluating, underwriting and managing investments.
Our principal business objective is to make investments in our target assets in order to generate attractive risk adjusted returns for our stockholders, primarily through dividends and secondarily through capital appreciation.
Apollo Commercial Real Estate Finance, Inc. is a direct lender and offers a full range of commercial real estate mortgage loans and debt products across a broad spectrum of geographies and property types. The Company is able to underwrite and structure complex transactions tailored to the needs of CRE borrowers. We believe we have developed a reputation as a creative, reliable and responsive capital solutions provider.
Our loan programs include the following:
- Senior Loans
- Subordinate Debt
- Bridge Loans
- Preferred Equity
We offer financing for acquisition, development, recapitalization and refinancing throughout the United States and Europe. We manage our loans on balance sheet through the originations team and a dedicated asset management staff.
Loan Parameters
Mortgage Loan | Subordinate Loan | |
Loan Size | ~$35 million and up | ~$20 million and up |
Term | 2–10 years(10+ years will selectively be considered) | 2–10 years(10+ years will selectively be considered) |
Pricing / Target Yield | Fixed and floating interest rates | Fixed and floating interest rates |
Maximum LTV | Up to ~ 75% TV | Case-by-case consideration |
Asset Types | All asset classes | All asset classes |
ARI recognizes the importance of environmental, social and governance (“ESG”) issues and incorporates ESG considerations into investment analysis and decision-making processes. ARI strives to make a positive impact on all of the Company’s constituents, including the communities in which we lend, our personnel and the employees of ARI’s external manager, an indirect subsidiary of Apollo Global Management, Inc. (Apollo”), and our stockholders. Apollo has endorsed the American Investment Council's Guidelines for Responsible Investing. Several key highlights of our ESG initiatives are detailed below:
Our People
Management Team
Board of Directors
Investment Team
Stockholders
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We are pleased to offer a Direct Stock Purchase and Dividend Reinvestment Plan (the "Plan") to holders of Apollo Commercial Real Estate Finance, Inc.’s common stock and other interested investors.
To learn more about the Plan please review the Plan Prospectus and other applicable documents in the links below:
General Information
The Plan is administered by EQ Shareowner Services. To participate in the Plan, please fill out the enrollment form and submit it to EQ Shareowner Services at the address listed below or click here to logon to the website of EQ Shareowner Services website.
By Mail:
EQ Shareowner Services
P.O. Box 64856
St. Paul, Minnesota 55164-0856
By Certified Mail:
EQ Shareowner Services
1110 Centre Pointe Curve
Suite 101
Mendota Heights, MN 55120
For further information please contact EQ Shareowner Services at 800-468-9716 (toll free) or 1-651-450-4064, if outside the United States, or our Investor Relations Department at 212-515-3200. You may request a copy of the Prospectus relating to the Plan by calling or writing:
Apollo Commercial Real Estate Finance,
Inc.Investor Relations
9 West 57th Street, 43rd Floor
New York, NY 10019
212-515-3200
Click here to receive more information from Apollo Commercial Real Estate Finance, Inc.
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The Board of Directors of Apollo Commercial Real Estate Finance, Inc. (the "Company") sets high standards for the Company's officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.
Committee Charters
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Governance Documents
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Committee Composition
Name | Title | Audit Committee | Compensation Committee | Nominating & Governance Committee |
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Mark C. Biderman
|
Director | |||
Pamela Carlton
|
Director | |||
Brenna Haysom
|
Director | |||
Robert Kasdin
|
Director | |||
Scott Prince
|
Director | |||
Michael E. Salvati
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Chairman of the Board of Directors |
Contact the Board
Apollo Commercial Real Estate Finance, Inc. has approved a process to enable communications with the independent members of the Board of Directors or the chairperson of any of the committees of the Board of Directors. Communications by email should be sent to stockholdercommunications@apolloreit.com. Communications by regular mail should be sent to the attention of Stuart A. Rothstein at our office at 9 West 57th Street, 42nd Floor, New York, New York 10019.
Apollo Commercial Real Estate Finance, Inc.’s secretary, or such other person as appointed by the secretary, will review each communication received in accordance with this process to determine whether the communication requires immediate action. The secretary, or his or her delegatee, will forward all appropriate communications received, or a summary of such communications, to the appropriate member(s) of the Board of Directors. However, we reserve the right to disregard any communication that the secretary, or his or her delegatee, determines is unduly hostile, threatening, illegal, does not reasonably relate to us or our business, or is similarly inappropriate. The secretary, or his or her delegatee, has the authority to disregard any inappropriate communications or to take other appropriate actions with respect to any such inappropriate communications.
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Featured Events
October 31, 2024 09:00 AM EST
August 07, 2024 10:00 AM EST
April 30, 2024 10:00 AM EST
Past Events
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Interested in Learning More?
Contact Our Team
IR Contact
Hilary Ginsberg
9 West 57th Street
New York, NY 10019
212-822-0767
hmginsberg@apollo.com
Loan Inquiries, United States
Christine Boyd
212-822-0489
cboyd@apollo.com
Catherine Chen
212-515-3207
cchen@apollo.com
Ben Gray
212-822-0621
bgray@apollo.com
Jason Ourman
212-515-3256
jourman@apollo.com
Michelle Stromberg
646-969-2511
mstromberg@apollo.com
Tiffany Theriault
646-969-2531
ttheriault@apollo.com
Aaron Welsh
212-822-0471
awelsh@apollo.com
Sang Yu
212-822-0731
syu@apollo.com
Loan Inquiries, Europe
Ben Eppley
44 20 3320 1663
beppley@apollolp.com
George Molesworth
44 20 7016 5060
gmolesworth@apollo.com
Transfer Agent
EQ Shareholder Services
1110 Centre Point Curve
Suite 101
Mendota Heights, MN 55120
800-468-9716
To get in touch with one of our team members, please provide us with the following information.
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