Apollo Commercial Real Estate Finance to Sell $9 Billion Loan Portfolio to Athene

Reuters
01/28
Apollo Commercial Real Estate Finance to Sell $9 Billion Loan Portfolio to Athene

Apollo Commercial Real Estate Finance, Inc. has entered into a definitive agreement to sell its approximately $9 billion commercial real estate loan portfolio to Athene Holding Ltd. for a purchase price based on 99.7% of total loan commitments, net of asset specific CECL reserves. Two loans with a combined principal balance of $146 million are expected to be repaid before the transaction closes. Following the sale and repayment of financing facilities and expenses, ARI expects to retain about $1.4 billion in net cash and roughly $1.7 billion in common stockholders’ equity, which is approximately $12.05 per share. The company will keep its net equity interest in its real estate properties, totaling $466 million as of September 30, 2025. ARI’s management will evaluate new commercial real estate strategies and consider strategic opportunities for repositioning the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollo Commercial Real Estate Finance Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9644007-en) on January 28, 2026, and is solely responsible for the information contained therein.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10