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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Apollo Commercial Real Estate Finance's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Apollo Commercial Real Estate Finance's regulatory disclosures and financial reporting.
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.
Apollo Commercial Real Estate Finance, Inc. director Romando Brenna Haysom received a grant of 9,587 shares of common stock on April 1, 2026. The shares were granted under the company’s 2024 Equity Incentive Plan as equity compensation, rather than through a market purchase.
After this award, Haysom directly holds 90,534.29 shares of Apollo Commercial Real Estate Finance common stock. This total includes 20,277.294 shares acquired through the company’s Direct Stock Purchase and Dividend Reinvestment Plan, showing a mix of plan-based accumulation and compensation-related equity.
Prince Scott reported acquisition or exercise transactions in this Form 4 filing.
Apollo Commercial Real Estate Finance, Inc. director Scott Prince received a grant of 9,587 shares of common stock, awarded at a price of $0.00 per share. The shares were granted under the company’s 2024 Equity Incentive Plan and increase his direct holdings to 60,903 shares after the transaction.
Apollo Commercial Real Estate Finance Inc: The Vanguard Group submitted Amendment No. 9 to a Schedule 13G/A reporting 0 shares beneficially owned, representing 0% of Common Stock. The filing notes an internal realignment effective January 12, 2026 and disaggregated reporting in reliance on SEC Release No. 34-39538.
Apollo Commercial Real Estate Finance, Inc. has entered into a Purchase Agreement to sell its commercial real estate loan portfolio to Athene Holding Ltd. The purchase price will be paid entirely in cash and is calculated at 99.7% of the total commitment amount of each loan as of closing. The transaction is described as a sale of substantially all of ARI’s assets and is conditioned on stockholder approval.
The board, following a unanimous Special Committee recommendation, urges stockholders to vote "FOR" the Asset Sale Proposal at a Special Meeting on April 21, 2026. Pro forma estimates show approximately $1.4 billion of net cash and ~$1.7 billion of common stockholders’ equity, equal to ~$12.05 per share, after repayment of indebtedness and transaction expenses.
Apollo Commercial Real Estate Finance, Inc. is asking shareholders to approve a sale of substantially all of its commercial mortgage loan portfolio to Athene under a Purchase Agreement. The Purchase Price equals 99.7% of each loan's total commitment (paid in cash), subject to adjustments and customary closing conditions.
If completed, ARI expects approximately $1.4 billion of net cash and roughly $12.05 per Share of common stockholders' equity pro forma as of December 31, 2025; proceeds will be used to repay indebtedness and transaction expenses and management will evaluate new asset strategies thereafter.
Apollo Commercial Real Estate Finance, Inc. (ARI) reported full-year 2025 net income available to common stockholders of $114 million, or $0.81 per diluted share, and fourth-quarter net income of $26 million, or $0.18 per diluted share.
For 2025, Distributable Earnings were $139 million, or $0.98 per diluted share, and $37 million, or $0.26 per diluted share, in the fourth quarter. Distributable Earnings prior to realized loss on investments and realized gain on litigation settlement were $148.7 million, or $1.05 per diluted share for the year.
The company declared $1.00 per share of common dividends in 2025, implying a stated 9.4% dividend yield and a 0.98x annual dividend coverage ratio based on Distributable Earnings prior to realized loss and gain. Book value of common equity was about $1.7 billion, or $12.14 per share, at year-end.
ARI reported a total commercial real estate loan portfolio of $8.8 billion across 56 loans, with a weighted-average unlevered all-in yield of 7.3%, 99% in first mortgages and 96% floating-rate exposure. The weighted-average portfolio risk rating was 3.0 and weighted-average loan-to-value was 59%.
During 2025, ARI committed $4.4 billion to new loans, saw $2.9 billion of loan repayments and sales, and recorded $899 million of add-on fundings. In the fourth quarter, the company recorded a $3.0 million specific CECL allowance on a commercial mortgage loan secured by a hotel property in Chicago.
Year-end liquidity totaled $151 million, including $144 million of cash and $7 million of available leverage on secured debt arrangements. Management highlighted that there are no corporate debt maturities until June 2029.
Subsequent to year-end, ARI entered into a definitive agreement with Athene Holding Ltd. to sell its entire loan portfolio at a purchase price based on 99.7% of total loan commitments, and received full repayment of an $87 million first mortgage secured by a resort in St. Thomas, U.S. Virgin Islands.
Apollo Commercial Real Estate Finance, Inc. is a REIT that focuses on originating and investing in commercial first mortgage loans, subordinate financings and other real estate debt. As of December 31, 2025, it held about $8.7 billion of commercial mortgage loans, $62.2 million of subordinate loans and $842.9 million of real estate assets.
The portfolio is financed with $6.3 billion of secured debt, $746.3 million of senior secured term loans and $500.0 million of 4.625% senior secured notes due 2029. The company is externally managed by an Apollo subsidiary and relies on leverage, securitizations and hedging to enhance returns while maintaining REIT and 1940 Act exemptions.
A key development is a January 27, 2026 Purchase Agreement with Athene Holding Ltd. to sell substantially all of its commercial real estate loan portfolio, excluding two loans with $146 million principal that are expected to repay before closing. The filing highlights extensive risks around competition, financing, regulation, cybersecurity, climate, REIT status and execution of the proposed asset sale.