STOCK TITAN

Apollo Commercial Real Estate Finance, Inc. Announces 2021 Annual Meeting of Stockholders

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Apollo Commercial Real Estate Finance, Inc. (ARI) announced that its 2021 Annual Meeting of Stockholders is scheduled for June 8, 2021, at 9:00 AM ET, with April 12, 2021, set as the record date. The meeting will be held virtually, and details will be provided in the upcoming proxy statement. Apollo is a real estate investment trust focused on originating and managing commercial mortgage loans and related debt investments. As of December 31, 2020, it was managed by ACREFI Management, an indirect subsidiary of Apollo Global Management.

Positive
  • Scheduled Annual Meeting provides transparency and shareholder engagement.
  • Company's focus on commercial real estate loans indicates a niche strategy in a recovering market.
Negative
  • None.

NEW YORK, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the Board of Directors set April 12, 2021 as the record date for the Company's 2021 Annual Meeting of Stockholders. The Annual Meeting of Stockholders will be held virtually on June 8, 2021 at 9:00 am Eastern Time. Information on the virtual meeting will be included in the ARI 2021 proxy statement.

About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) 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. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a leading global alternative investment manager with approximately $455 billion of assets under management at December 31, 2020.   

Additional information can be found on the Company’s website at www.apolloreit.com.

Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company’s control. These forward-looking statements include information about possible or assumed future results of the Company’s business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words believe, expect, anticipate, estimate, plan, continue, intend, should, may or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: macro- and micro-economic impact of the COVID-19 pandemic; the severity and duration of the COVID-19 pandemic; actions taken by governmental authorities to contain the COVID-19 pandemic or treat its impact; the impact of the COVID-19 pandemic on the Company’s financial condition, results of operations, liquidity and capital resources; market trends in the Company’s industry, interest rates, real estate values, the debt securities markets or the general economy; the timing and amounts of expected future fundings of unfunded commitments; the return on equity; the yield on investments; the ability to borrow to finance assets; the Company’s ability to deploy the proceeds of its capital raises or acquire its target assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the Company’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

CONTACT:Hilary Ginsberg
 Investor Relations
 (212) 822-0767

 


FAQ

When is the ARI Annual Meeting of Stockholders?

The ARI Annual Meeting of Stockholders is scheduled for June 8, 2021, at 9:00 AM Eastern Time.

What is the record date for the ARI Annual Meeting?

The record date for the ARI Annual Meeting is April 12, 2021.

Where will the ARI Annual Meeting be held?

The ARI Annual Meeting will be held virtually.

What does Apollo Commercial Real Estate Finance focus on?

Apollo Commercial Real Estate Finance primarily originates, acquires, invests in, and manages commercial mortgage loans and related debt.

APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.

NYSE:ARI

ARI Rankings

ARI Latest News

ARI Stock Data

1.22B
137.27M
0.66%
65.7%
2.56%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States of America
NEW YORK