About Apollo Commercial Real Estate Finance

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT). The company 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 (Manager), an indirect subsidiary of Apollo Global Management, Inc. To identify attractive opportunities within the company’s target assets, it relies on the expertise of the Manager and its affiliates, as well as their platform, which integrates real estate experience with private equity and capital markets expertise, in transaction sourcing, underwriting, execution, asset operation, management and disposition. In the near-to-medium term, the company expects to continue to deploy its capital through the origination and acquisition of performing commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments at attractive risk-adjusted yields. The company targets assets that are secured by institutional quality real estate throughout the United States and Europe. Tax Status The company has elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended. As a result, the company is not subject to Federal or State income taxation at the corporate level to the extent it distributes annually approximately 90% of its REIT taxable income to its shareholders and satisfies certain other requirements. History Apollo Commercial Real Estate Finance, Inc., a Maryland corporation, was founded in 2009. The company was incorporated in 2009.