Detail akcie Apollo Comm online

Business Summary: Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company’s principal business objective is to acquire its target assets in order to provide attractive risk-adjusted returns to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. Its investment strategy is to identify opportunities within its target assets through its manager and its affiliates as well as their platform, which integrates real estate experience with private equity and capital markets in transaction sourcing, underwriting, execution, asset operation, management and disposition. Its target assets are secured by real estate throughout the United States and Europe. The Company is externally managed and advised by ACREFI Management, LLC.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Apollo Commercial Real Estate Financ Inc revenues increased 4% to $418M. Net loss applicable to common stockholders increased 80% to $76.6M. Revenues reflect Real Estate Finance segment increase from $208.4M to $418M. Higher net loss reflects Provision for loan losses increase from $66M to $157.9M (expense), Foreign currency translation gain (loss) decrease from $40.2M (income) to $20.9M (expense).