Apollo Commercial Real Estate
About: Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
22% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 76
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
1% more funds holding
Funds holding: 246 [Q1] → 249 (+3) [Q2]
0% more capital invested
Capital invested by funds: $763M [Q1] → $767M (+$3.49M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.42% less ownership
Funds ownership: 57.34% [Q1] → 56.92% (-0.42%) [Q2]
81% less call options, than puts
Call options by funds: $2.19M | Put options by funds: $11.5M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
|
UBS
Douglas Harter
|
$10.5
|
Neutral
Maintained
|
15 Jul 2025 |
|
Keefe, Bruyette & Woods
Jade Rahmani
|
$10.75
|
Outperform
Maintained
|
10 Jul 2025 |
Financial journalist opinion
