Welcome to our dedicated page for Apollo Comm SEC filings (Ticker: ARI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Apollo Commercial Real Estate Finance, Inc.'s SEC filings document results of operations, material events and governance for ARI, a Maryland corporation with common stock listed on the NYSE. Its 8-K reports furnish quarterly and annual financial results presentations, GAAP and non-GAAP earnings measures, exhibits and Inline XBRL cover data.
Other filings record material definitive agreements, including the amended and restated management agreement among the company, ACREFI Operating, LLC and ACREFI Management, LLC, as well as shareholder voting matters, capital-structure disclosures and governance matters tied to the completed sale of the commercial real estate loan portfolio.
Apollo Commercial Real Estate Finance, Inc. is asking stockholders to vote at its virtual 2026 annual meeting on July 9, 2026. Stockholders will elect eight directors, ratify Deloitte & Touche LLP as independent auditor for 2026, and approve on an advisory basis the compensation of named executive officers.
The record date is May 18, 2026, and there were 130,947,251 shares of common stock outstanding on that date, each entitled to one vote. The board recommends voting FOR all director nominees, FOR auditor ratification, and FOR the advisory say‑on‑pay proposal.
Apollo Commercial Real Estate Finance director Carmencita N.M. Whonder sold 4,574 shares of common stock in an open-market transaction. The shares were sold on May 13, 2026 at a weighted average price of $10.9299 per share, with individual trade prices ranging from $10.92 to $10.95. Following this sale, she directly holds 24,799 Apollo Commercial Real Estate Finance common shares.
Apollo Commercial Real Estate Finance, Inc. reported that director Scott S. Prince has informed the company he will not stand for re-election to the Board at the next annual meeting of stockholders. The company stated that Mr. Prince’s decision is not due to any dispute or disagreement regarding its operations, policies or practices.
Apollo Commercial Real Estate Finance, Inc. filed an amended annual report to add Part III information on directors, governance, compensation and ownership, and to describe a major portfolio transaction. As of April 29, 2026, the company had 132,849,702 common shares outstanding, and non‑affiliate market value was about $1.3 billion as of June 30, 2025.
The nine‑member board features a mix of financial, real estate, legal and policy experience, with average tenure of 9.8 years and majority independence. Standing audit, compensation and nominating committees met regularly in 2025, and a special committee held about 24 meetings to evaluate strategic options.
Director pay in 2025 combined cash retainers with equity; most non‑employee directors received total compensation just above $200,000, including restricted stock that vests after one year. The compensation committee also granted 1,400,000 restricted stock units under the 2024 Equity Incentive Plan, including 109,452 units to the CEO and 34,825 to the CFO, vesting over three years.
The filing highlights Apollo’s human‑capital approach as external manager and notes minimum equity‑ownership guidelines for directors. It also discloses an asset purchase agreement under which the company sold its commercial real estate loan portfolio (excluding certain repaid or expected‑to‑repay loans) to Athene for approximately $8.6 billion, equal to about 99.7% of total loan commitments, with up to $10 million of related expenses reimbursable by an Apollo affiliate.
Apollo Commercial Real Estate Finance Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 7,409,321 shares of Common Stock, representing 5.33% of the class as of 03/31/2026. The filing shows sole voting power for 1,004,378 shares and sole dispositive power for 7,409,321 shares. The filing states this position includes holdings across Vanguard affiliates and funds as described in the disclosure.
Apollo Commercial Real Estate Finance, Inc. reported first quarter 2026 net income available to common stockholders of $23.2 million, or $0.16 per diluted share. Distributable Earnings were $30.7 million, or $0.22 per diluted share, compared with a declared common dividend of $0.25 per share.
The company reported a commercial loan portfolio of $8.9 billion with a weighted-average unlevered all-in yield of 7.0%, primarily first mortgages and mostly floating rate. During and after the quarter, Apollo Commercial repurchased common shares and its board approved a $150 million stock repurchase program.
Subsequently, the company completed the sale of its commercial real estate loan portfolio to Athene Holding Ltd. for a purchase price based on 99.7% of total loan commitments, unwound related foreign currency hedges, and used proceeds to repay associated secured debt and corporate-level facilities. Book value of common equity was about $1.6 billion and total liquidity was $285 million as of quarter end.
Apollo Commercial Real Estate Finance, Inc. reported essentially unchanged profitability for the quarter ended March 31, 2026. Net income was $26.2 million versus $26.0 million a year earlier, with net income available to common stockholders of $23.2 million and basic and diluted EPS of $0.16.
Total net revenue declined to $58.6 million from $65.8 million, as higher interest income was offset by lower real estate owned revenue and foreign currency effects. The commercial mortgage and subordinate loan portfolio had a carrying value of $8.88 billion, while real estate owned, held for investment, totaled $852.1 million.
Cash and cash equivalents were $126.8 million, and total assets reached $10.09 billion. Secured debt arrangements, senior secured term loans, and senior secured notes produced total liabilities of $8.28 billion, leaving stockholders’ equity at $1.81 billion. The company maintained a quarterly common dividend of $0.25 per share and repurchased 2.9 million shares for about $30.3 million.
Vanguard Portfolio Management reported beneficial ownership of 8,023,638 shares of Apollo Commercial Real Estate Finance Inc common stock, representing 5.78% of the class as of 03/31/2026. The filing shows sole dispositive power over 8,023,638 shares and sole voting power over 87,221 shares. The disclosure is signed on 04/28/2026 and describes holdings managed for various Vanguard funds and client accounts.
Apollo Commercial Real Estate Finance, Inc. completed the sale of its commercial real estate loan portfolio to Athene Holding Ltd. for cash consideration of approximately $8.6 billion, based on 99.7% of total loan commitments. The portfolio is described as a $9 billion commercial real estate loan portfolio.
Proceeds were used to repay in full all outstanding term loans under the Term Loan Credit Agreement and all revolving borrowings under the $275,000,000 Revolving Credit Facility, and to fund the full redemption of $500,000,000 of 4.625% Senior Secured Notes due 2029 on June 15 2026. After repayment of financing facilities, other indebtedness and expenses, ARI expects total assets of $2.2 billion, primarily cash, equating to book value per share of $12.05.
The company entered into an Amended and Restated Management Agreement with a 50% reduction in its annual management fee rate during a strategic review, with the fee paid in common stock. Management, together with the board and Apollo professionals, is evaluating new commercial real estate–related strategies; if no new strategy or strategic transaction is announced by year-end, Apollo intends to recommend the board explore all available strategic alternatives, including dissolution.