Welcome to our dedicated page for Apollo Commercial Real Estate Finance SEC filings (Ticker: ARI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Apollo Commercial Real Estate Finance, Inc.'s SEC filings document results of operations, material events and governance for ARI, a Maryland corporation with common stock listed on the NYSE. Its 8-K reports furnish quarterly and annual financial results presentations, GAAP and non-GAAP earnings measures, exhibits and Inline XBRL cover data.
Other filings record material definitive agreements, including the amended and restated management agreement among the company, ACREFI Operating, LLC and ACREFI Management, LLC, as well as shareholder voting matters, capital-structure disclosures and governance matters tied to the completed sale of the commercial real estate loan portfolio.
Apollo Commercial Real Estate Finance, Inc. reported first quarter 2026 net income available to common stockholders of $23.2 million, or $0.16 per diluted share. Distributable Earnings were $30.7 million, or $0.22 per diluted share, compared with a declared common dividend of $0.25 per share.
The company reported a commercial loan portfolio of $8.9 billion with a weighted-average unlevered all-in yield of 7.0%, primarily first mortgages and mostly floating rate. During and after the quarter, Apollo Commercial repurchased common shares and its board approved a $150 million stock repurchase program.
Subsequently, the company completed the sale of its commercial real estate loan portfolio to Athene Holding Ltd. for a purchase price based on 99.7% of total loan commitments, unwound related foreign currency hedges, and used proceeds to repay associated secured debt and corporate-level facilities. Book value of common equity was about $1.6 billion and total liquidity was $285 million as of quarter end.
Apollo Commercial Real Estate Finance, Inc. reported essentially unchanged profitability for the quarter ended March 31, 2026. Net income was $26.2 million versus $26.0 million a year earlier, with net income available to common stockholders of $23.2 million and basic and diluted EPS of $0.16.
Total net revenue declined to $58.6 million from $65.8 million, as higher interest income was offset by lower real estate owned revenue and foreign currency effects. The commercial mortgage and subordinate loan portfolio had a carrying value of $8.88 billion, while real estate owned, held for investment, totaled $852.1 million.
Cash and cash equivalents were $126.8 million, and total assets reached $10.09 billion. Secured debt arrangements, senior secured term loans, and senior secured notes produced total liabilities of $8.28 billion, leaving stockholders’ equity at $1.81 billion. The company maintained a quarterly common dividend of $0.25 per share and repurchased 2.9 million shares for about $30.3 million.
Vanguard Portfolio Management reported beneficial ownership of 8,023,638 shares of Apollo Commercial Real Estate Finance Inc common stock, representing 5.78% of the class as of 03/31/2026. The filing shows sole dispositive power over 8,023,638 shares and sole voting power over 87,221 shares. The disclosure is signed on 04/28/2026 and describes holdings managed for various Vanguard funds and client accounts.
Apollo Commercial Real Estate Finance, Inc. completed the sale of its commercial real estate loan portfolio to Athene Holding Ltd. for cash consideration of approximately $8.6 billion, based on 99.7% of total loan commitments. The portfolio is described as a $9 billion commercial real estate loan portfolio.
Proceeds were used to repay in full all outstanding term loans under the Term Loan Credit Agreement and all revolving borrowings under the $275,000,000 Revolving Credit Facility, and to fund the full redemption of $500,000,000 of 4.625% Senior Secured Notes due 2029 on June 15 2026. After repayment of financing facilities, other indebtedness and expenses, ARI expects total assets of $2.2 billion, primarily cash, equating to book value per share of $12.05.
The company entered into an Amended and Restated Management Agreement with a 50% reduction in its annual management fee rate during a strategic review, with the fee paid in common stock. Management, together with the board and Apollo professionals, is evaluating new commercial real estate–related strategies; if no new strategy or strategic transaction is announced by year-end, Apollo intends to recommend the board explore all available strategic alternatives, including dissolution.
Apollo Commercial Real Estate Finance, Inc. held a Special Meeting of Stockholders on April 21, 2026, where stockholders approved two major proposals. A total of 93,729,980 shares, representing approximately 67.5% of the common stock entitled to vote, were present in person or by proxy.
Stockholders approved the sale of the company’s commercial real estate loan portfolio to Athene Holding Ltd. pursuant to the existing asset purchase and sale agreement, with 92,625,412 votes for, 738,476 against and 366,093 abstaining. They also approved issuing shares of common stock to the company’s manager, ACREFI Management, LLC, in lieu of cash under an amended and restated management agreement related to the asset sale, with 91,998,341 votes for, 1,368,261 against and 363,369 abstaining.
BIDERMAN MARK C reported acquisition or exercise transactions in this Form 4 filing.
Apollo Commercial Real Estate Finance, Inc. granted director Mark C. Biderman 9,587 shares of common stock as a compensation-related award under the company’s 2024 Equity Incentive Plan. The grant was made at no stated purchase price. Following this award, Biderman directly holds 70,374 shares of Apollo Commercial Real Estate Finance common stock.
Whonder Carmencita N.M. reported acquisition or exercise transactions in this Form 4 filing.
Apollo Commercial Real Estate Finance, Inc. director Carmencita N.M. Whonder received a grant of 9,587 shares of Common Stock on April 1, 2026 at a price of $0.0000 per share.
The shares were granted under the company’s 2024 Equity Incentive Plan, bringing her direct holdings to 29,373 shares.
Carlton Pamela G reported acquisition or exercise transactions in this Form 4 filing.
Apollo Commercial Real Estate Finance, Inc. director Pamela G. Carlton received a grant of common stock as part of her compensation. She was awarded 9,587 shares of common stock on April 1, 2026 at a stated price of $0.00 per share, reflecting a non-cash equity award.
Following this grant, her direct holdings increased to 49,274 common shares. The grant was made under the company’s 2024 Equity Incentive Plan, indicating it is a routine, plan-based stock award rather than an open‑market purchase or sale.
SALVATI MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Apollo Commercial Real Estate Finance director Michael Salvati received a stock grant of 9,587 shares of Common Stock on April 1, 2026. The shares were granted at no cash cost to him under the company’s 2024 Equity Incentive Plan, reflecting equity-based compensation rather than a market purchase.
After this award, Salvati directly owns 162,542 shares of Apollo Commercial Real Estate Finance common stock. He also has indirect ownership of 835 shares held in his spouse’s IRA and 125 shares held in a joint account with his son over which he has direct control.
Kasdin Robert A reported acquisition or exercise transactions in this Form 4 filing.
Apollo Commercial Real Estate Finance director Robert A. Kasdin received a stock grant of 9,587 common shares. The shares were awarded at no cash cost per share and were granted under the company’s 2024 Equity Incentive Plan. After this award, he directly holds 114,628 common shares.