Apollo Commercial Real Estate Finance, Inc.
Price
Overview
Apollo Commercial Real Estate Finance, Inc. functions as a Real Estate Investment Trust (REIT) with a core focus on the U.S. market. The company specializes in originating, purchasing, maintaining, and overseeing a diverse portfolio of debt instruments related to commercial properties, including primary mortgage loans and subordinate financing structures. Having qualified as a REIT under the Internal Revenue Code, it benefits from an exemption from federal income taxes, provided it distributes a minimum of 90% of its REIT taxable earnings to its shareholders. This entity was established in 2009 and is headquartered in New York, New York.
History & business model
This section is waiting to be written.
InvestWiki is community-edited. Contribute a plain-English history of Apollo Commercial Real Estate Finance, Inc., its business model, key products, and controversies.