Apollo Commercial Real Estate Finance, Inc. (ARI), which specialises in high performing US property, has announced that it has closed on two commercial loan transactions worth $93.4 million. The company has also acquired commercial mortgage backed securities (CMBS) with a purchase price of $50.2 million.
In the year to date, Apollo has made a commitment to invest more than $595 million in commercial real estate loans and CMBS.
The company’s new investments include the following:
The company is off to a very strong start in the first half of 2014 and has committed to more than $595 million of commercial real estate debt investments in the year to date. Its Chief Investment Officer, Scott Weiner, states that the company is continuing to find well-structured transactions which offer attractive returns and that its pipeline remains full.
Previous Post
Approval granted for Leeds Office Scheme