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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
12% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 34
11% more capital invested
Capital invested by funds: $695M [Q3] → $771M (+$76.1M) [Q4]
1.78% more ownership
Funds ownership: 54.57% [Q3] → 56.35% (+1.78%) [Q4]
7% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $1.01M
0% less funds holding
Funds holding: 236 [Q3] → 235 (-1) [Q4]
5% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 80
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Keefe, Bruyette & Woods Jade Rahmani 45% 1-year accuracy 17 / 38 met price target | 9%upside $10.50 | Outperform Maintained | 29 Apr 2025 |
JP Morgan Richard Shane 49% 1-year accuracy 31 / 63 met price target | 6%downside $9 | Neutral Maintained | 28 Apr 2025 |
UBS Douglas Harter 62% 1-year accuracy 21 / 34 met price target | 6%downside $9 | Neutral Maintained | 16 Apr 2025 |
Financial journalist opinion
Based on 14 articles about ARI published over the past 30 days
