Apollo Commercial Real Estate Finance (ARI) reported Q2 EPS of $0.35, $0.02 better than the analyst estimate of $0.33. Stuart Rothstein, CEO and President of the Company said: “The...
Credit Suisse (SIX:CSGN) analyst Credit Suisse maintained a Hold rating on Apollo Commercial Real Estate on Wednesday, setting a price target of $15, which is approximately...
Market Indexes: It was a volatile week, with big swings, but all 4 indexes eked out small gains. “Stocks slid Monday, with major indices tumbling by over 2% during the worst points...
Financial stocks, including bank shares, have come under pressure recently. For instance, the Dow Jones Financials Index, which hit an all-time high June 7, have lost about 5%...
Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust. The Company primarily originates, acquires, invests in senior mortgages and mezzanine loans and other commercial real estate-related debt investments collateralized by properties throughout the United States and Europe. Its principal business objective is to acquire its target assets in order to provide risk adjusted returns to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. Its investment strategy is to identify opportunities within its target assets through its manager and its affiliates as well as their platform, which integrates real estate experience with private equity and capital markets in transaction sourcing, underwriting, execution, asset operation, management and disposition. The Company is externally managed and advised by ACREFI Management, LLC.