Apollo Commercial Real Estate Finance, Inc. Completes $1.9 Billion of Loan Originations in 2024

Company Performance - The company originated $782 million of loans in the fourth quarter of 2024, bringing annual loan originations to$1.9 billion for the year [1][2] - During the fourth quarter of 2024, the company funded $97 million for loans previously closed [3] - The company received$0.8 billion from loan repayments in the fourth quarter of 2024, bringing total repayments for the year to $2.5 billion [4] Loan Portfolio Details - Of the$0.8 billion in loan repayments, approximately 41% came from loans secured by properties in the United States and 59% came from loans secured by properties in the United Kingdom and Europe [4] - The repaid loans were secured by retail, hotel, residential, mixed-use, and industrial properties [4] Company Overview - The company is a real estate investment trust that primarily originates, acquires, invests in, and manages performing commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments [5] - The company is externally managed and advised by ACREFI Management, LLC, an indirect subsidiary of Apollo Global Management, Inc [5] - Apollo Global Management, Inc had approximately $733 billion of assets under management as of September 30, 2024 [5]