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Stock impact report

Apollo Commercial Real Estate Finance signals asset monetization strategy with focus on REO portfolio exit timing [Seeking Alpha]

Apollo Commercial Real Estate Finance, Inc (ARI) 
Last apollo commercial real estate finance, inc earnings: 2/13 04:30 pm Check Earnings Report
US:NYSE Investor Relations: apolloreit.com
Company Research Source: Seeking Alpha
CEO Stuart Rothstein reported that Apollo Commercial Real Estate Finance is actively managing its real estate owned (REO) portfolio, focusing on improving run rate cash flow and maximizing value Quick Insights ARI is actively managing REO assets by improving cash flow, maximizing exit value, focusing on stabilization and leasing, and evaluating options to unlock value from properties and adjacent land. Management is evaluating various internally generated strategies for future direction and capital deployment, but has not yet concluded on a specific plan; clarity will be provided in upcoming communications and filings. ARI envisions paying a Q1 dividend consistent with its recent historical run rate ($0.25/share), subject to board approval, with the sustainability tied to capital deployment and overall cash flow management post-sale. Recommended For You More Trending News Show less Read more
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