Apollo Commercial Real Estate ( (ARI) ) has released its Q4 earnings. Here is a breakdown of the information Apollo Commercial Real Estate presented to its investors.
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Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that specializes in originating, acquiring, investing in, and managing commercial real estate-related debt investments. It operates under the management of ACREFI Management, LLC, an affiliate of Apollo Global Management.
Apollo Commercial Real Estate Finance, Inc. recently announced its financial results for the fourth quarter and full year of 2024. The company reported a net income per diluted share of $0.27 for the fourth quarter, but experienced a loss of $0.97 per share for the full year.
The company’s distributable earnings per diluted share were $0.32 for the fourth quarter and $1.33 for the full year, indicating a focus on maintaining operational profitability despite realized losses from certain investments. The CEO highlighted a year of active capital deployment, with $2.5 billion in repayments from the portfolio and successful reinvestment into new loans.
Looking ahead, Apollo Commercial Real Estate Finance remains committed to leveraging its extensive credit origination capabilities to navigate the evolving real estate market. The company’s focus on interest income and strategic capital allocation is expected to drive future performance.
