Apollo Commercial Real Estate Finance, Inc. (ARI) reports developments for a commercial real estate finance REIT that historically originated and managed first-mortgage loans, subordinate financings, commercial mortgage-backed securities and other real estate debt investments. Recent updates include quarterly results, Distributable Earnings, dividend declarations, distribution tax treatment and stockholder meeting notices.
The company also reports corporate actions affecting its balance sheet and capital structure, including the completed sale of its commercial real estate loan portfolio and related changes to assets, indebtedness and book value disclosures.
Apollo Commercial Real Estate Finance (ARI) expects November 6, 2026, to be its last NYSE trading day as liquidation proceeds. The company expects to file Form 25 on or about October 27, 2026. After delisting, it plans to transfer all remaining assets and liabilities to a Maryland liquidating trust, deregister with the SEC, expected November 9, 2026, and dissolve.
Stockholders approved the liquidation plan on September 29, 2026. The company intends to distribute one beneficial interest per share after the transfer. These trust interests will not trade on any exchange and generally cannot be transferred, with limited exceptions. The trust will liquidate remaining assets and distribute assets or proceeds after satisfying or providing for liabilities. Its trustees will determine the amount and timing of any additional distributions at their sole discretion.
Apollo Commercial Real Estate Finance (NYSE: ARI) declared an initial cash liquidating distribution payable to common stockholders on October 29, 2026.
The distribution is $4.10 per common share, with an October 20 record date. The NYSE set the ex-dividend date at October 30, 2026, the first business day after payment, because the distribution represents more than 25% of the common share price.
Stockholders approved liquidation and dissolution on September 29, 2026. The company plans to sell all assets in an orderly fashion and return net sale proceeds and cash on hand, subject to paying liabilities and obligations and creating associated reserves.
Apollo Commercial Real Estate Finance (NYSE: ARI) reported second quarter 2026 results, with net income available to common stockholders of $0.11 per diluted share for the quarter ended June 30, 2026. Distributable Earnings, a non-GAAP measure, were ($2.62) per diluted share, while Distributable Earnings prior to net realized loss on investments and loss on extinguishment of debt were $0.15 per diluted share.
According to the company, the negative Distributable Earnings reflect net realized losses recognized in the first half of 2026 in connection with the sale of its commercial real estate loan portfolio (with limited exceptions) to Athene Holding and a discounted repayment of a commercial mortgage loan. ARI emphasizes Distributable Earnings as a key input for dividend decisions as a REIT and notes it is externally managed by an affiliate of Apollo Global Management.
Apollo Commercial Real Estate Finance (NYSE:ARI) updated details on its previously announced $3.75 per share common stock dividend. The dividend is payable on July 15, 2026 to shareholders of record on June 30, 2026, with an ex-dividend date of July 16, 2026.
Because the dividend exceeds 25% of ARI’s share price, NYSE will use due bills from June 30 through July 15, 2026. Investors must hold shares through and including July 15, 2026 to receive the dividend.
S&P Dow Jones Indices announced multiple index changes effective June 29–July 1, 2026. Honeywell Aerospace (HONA) will join both the S&P 500 and S&P 100 as a spin-off from Honeywell International, while Conagra Brands (CAG), National Health Investors (NHI), Toast (TOST), and IES Holdings (IESC) move into new S&P indices. Apollo Commercial Real Estate Finance (ARI), Grid Dynamics (GDYN), TopBuild (BLD), and Janus Henderson (JHG) will be removed from their current indices.
Apollo Commercial Real Estate Finance (NYSE:ARI) declared a $3.75 per share common stock dividend, payable July 15, 2026 to stockholders of record on June 30, 2026. The dividend will be predominantly classified as return of capital.
The board also completed a strategic review and determined that a plan of complete liquidation and dissolution, including asset sales and winding down the business, is advisable, subject to stockholder approval. ARI plans to file a preliminary proxy statement with the SEC outlining the proposed dissolution and related stockholder vote.
Apollo Commercial Real Estate Finance (NYSE: ARI) reported results for the quarter ended March 31, 2026. Net income available to common stockholders per diluted share was $0.16; Distributable Earnings per diluted share (non‑GAAP) was $0.22. The company recorded no realized losses during the quarter.
The company will host a conference call and webcast on April 29, 2026 at 10:00 AM ET. Distributable Earnings is described as a key input the board considers when setting dividends, with a detailed reconciliation available in the company presentation at the investor website.
Apollo Commercial Real Estate Finance (NYSE:ARI) set May 18, 2026 as the record date for its 2026 Annual Meeting of Stockholders. The meeting will be held virtually on July 9, 2026 at 10:00 AM ET. Meeting access and details will be included in the ARI 2026 proxy statement.
Apollo Commercial Real Estate Finance (NYSE:ARI) completed the sale of its $9.0 billion commercial real estate loan portfolio to Athene Holding Ltd on April 24, 2026.
After repaying financing, indebtedness, and transaction costs, ARI will hold approximately $2.2 billion largely in cash, implying a book value per common share of about $12.05. Management reduced its annual fee rate by 50% to be paid in shares during a strategy evaluation; if no new strategy is announced by year-end, Apollo intends to recommend the board explore strategic alternatives, including dissolution.
Apollo Commercial Real Estate Finance (NYSE:ARI) will release first quarter 2026 financial results after market close on Tuesday, April 28, 2026 and host a conference call on Wednesday, April 29, 2026 at 10:00 a.m. ET.
Company officers will review Q1 2026 performance, discuss recent events, conduct Q&A, and provide a live webcast and replay link in the Stockholders section on ARI’s website. Registered participants receive dial‑in details and a unique PIN.