Apollo Commercial Real Estate Finance, Inc (ARI) Company Bio
Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust that primarily originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States. The company was founded in 2009 and is based in New York, New York.
Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (ARI), today announced the Company will hold a conference call to review its first quarter 2020 financial results on Friday, May 8, 2020 at 9:00 a.m. Eastern Time. The Company’s first quarter financial results will be released after the market closes on Thursday, May 7, 2020. During the conference call, Company officers will review first quarter 2020 performance, discuss recent events and conduct a question-and-answer period.
Moody's Investors Service (Moody's) has affirmed the ratings of the following non-bank commercial real estate (CRE) lenders and changed their outlooks to negative from stable: Ladder Capital Corp (Ba1 corporate family rating (CFR)), Starwood Property Trust, Inc. (Ba2 CFR), Blackstone Mortgage Trust, Inc. (Ba2 CFR), Apollo Commercial Real Estate Finance, Inc. (Ba3 CFR), Claros Mortgage Trust, Inc (Ba3 CFR) and LoanCore Capital Markets LLC (B1 CFR). The rapid and widening spread of the coronavirus outbreak and falling oil prices have led to a severe and extensive credit shock across many sectors, regions and markets.
Apollo Commercial Real Estate Finance, Inc. (the “Company”) (ARI) today issued an open letter to stockholders. As we navigate the unprecedented environment amid the COVID-19 pandemic, which has led to a health crisis and significant disruption to the capital markets, we wanted to provide an update on ARI.