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) reported its Q2 2022 results, with net income per diluted share of $0.44 and Distributable Earnings of $0.35. CEO Stuart Rothstein noted the significant impact of economic changes on real estate capital markets, yet emphasized ARI's ability to deploy capital effectively and maintain its dividend. The company remains optimistic due to its diversified loan portfolio. A detailed earnings presentation is available on their website, and a conference call is scheduled for July 27, 2022, at 9 a.m. ET.
Apollo Commercial Real Estate Finance (ARI) will release its second quarter 2022 financial results after market close on July 26, 2022, and host a conference call on July 27, 2022, at 9:00 a.m. ET to discuss the results. The call will cover performance insights, recent developments, and include a Q&A session. ARI primarily focuses on originating, acquiring, and managing commercial mortgage loans. The company is externally managed by ACREFI Management, a subsidiary of Apollo Global Management, which holds around $513 billion in assets as of March 31, 2022.
Apollo Commercial Real Estate Finance (NYSE: ARI) declared a dividend of $0.35 per share, payable on July 15, 2022, to stockholders of record by June 30, 2022. This announcement reflects the company's ongoing commitment to return value to shareholders.
Apollo Commercial Real Estate Finance specializes in originating and managing commercial real estate-related debt investments and is externally managed by ACREFI Management, LLC, part of Apollo Global Management, which oversees approximately $513 billion in assets.
Apollo Commercial Real Estate Finance (NYSE: ARI) reported its Q1 2022 financial results with net income available to common stockholders at $0.08 per diluted share and Distributable Earnings at $0.35 per share. The company closed approximately $1.8 billion in new loan commitments during the quarter. CEO Stuart Rothstein emphasized the need for disciplined underwriting amid current market volatility. Anastasia Mironova was welcomed as the new CFO. The company aims to maintain dividends in line with taxable income and considers Distributable Earnings in its dividend decisions.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) announced a conference call to discuss its first quarter 2022 financial results, scheduled for April 26, 2022, at 9:00 a.m. ET. The financial results will be released post-market on April 25, 2022. Participants can join the call by dialing specific numbers based on their location. The call will be available for replay from April 26 through May 3, 2022. Apollo Commercial Real Estate Finance, Inc. specializes in originating and managing commercial mortgage loans and is managed by ACREFI Management, LLC, a subsidiary of Apollo Global Management.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) declared a dividend of $0.35 per share, payable on April 15, 2022, to stockholders of record on March 31, 2022. The company is a real estate investment trust focused on originating, acquiring, and managing commercial first mortgage loans and related debt investments. Apollo had approximately $497.6 billion in assets under management as of December 31, 2021.
Apollo Commercial Real Estate Finance (NYSE: ARI) has announced its 2022 Annual Meeting of Stockholders will occur virtually on June 7, 2022, with a record date of April 14, 2022. The meeting details will be provided in the proxy statement.
As a real estate investment trust, ARI primarily focuses on originating and managing commercial mortgage loans and related debt investments. The company is externally managed by ACREFI Management, an indirect subsidiary of Apollo Global Management, which manages approximately $497.6 billion in assets.
Apollo Commercial Real Estate Finance (NYSE: ARI) will participate in the Citi Global Property CEO Conference on March 8, 2022. CEO Stuart Rothstein is set to present at 10:30 am ET at The Diplomat Beach Resort, Hollywood, Florida. The presentation will be live-streamed on the Company’s website, with a replay available for thirty days post-event. Apollo Commercial Real Estate Finance focuses on originating, acquiring, and managing commercial real estate-related debt investments, under the guidance of ACREFI Management, LLC, a subsidiary of Apollo Global Management.
Apollo Commercial Real Estate Finance (NYSE: ARI) reported its financial results for Q4 and the year ending December 31, 2021. The net income for common stockholders per diluted share was $0.23, while Distributable Earnings were $0.32 per share. In 2021, ARI’s mortgage portfolio expanded by 20%, reaching over $7.9 billion. Additionally, the company secured $800 million in term leverage, enhancing its balance sheet. CEO Stuart Rothstein expressed confidence in continuing to provide attractive, risk-adjusted returns to shareholders.
Apollo Commercial Real Estate Finance (NYSE: ARI) released the estimated federal income tax treatment for 2021 distributions on its common and preferred stocks. The distributions are reported on Form 1099-DIV and include:
- Common Stock: $0.35 per share for each quarter, totaling $1.40 for 2021.
- Series B Preferred: $0.50 per share for Q1 and Q2, totaling $1.00 for those quarters.
- Series B-1 Preferred: $0.453125 per share for Q3 and Q4, totaling $0.90625 for those quarters.
Shareholders are advised to consult tax advisors regarding their specific tax treatment.