Apollo Commercial Real Estate Finance, Inc. completes $ 3.2 billion in mortgage origination in 2021



NEW YORK, January 05, 2022 (GLOBE NEWSWIRE) – Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE: ARI) today announced that the Company has committed to grant 1 , $ 7 billion in mortgages in the fourth quarter of 2021, bringing annual loan issuance to $ 3.2 billion for the year.

“ARI issued more than $ 3.2 billion in mortgages in 2021, capitalizing on the strength of Apollo’s global brand in the commercial real estate lending market,” said Stuart Rothstein, CEO and President of the society. “The fourth quarter was our busiest of the year and we are continuing this momentum through 2022 with a strong pipeline. ARI’s founding activity expanded to several new markets and property types in 2021, demonstrating the breadth of Apollo’s platform. Our ability to provide creative and flexible capital solutions along with certainty of execution to our borrowers enables ARI to create investments that generate attractive and risk-adjusted returns for our shareholders.

Portfolio activity in the fourth quarter
New investments – During the fourth quarter of 2021, ARI issued $ 1.7 billion in mortgages (of which $ 1.3 billion was funded during the quarter).

Financing of already closed loans – During the fourth quarter of 2021, ARI funded $ 145.0 million for loans that closed before the quarter.

Loan repayments – During the fourth quarter of 2021, ARI received $ 0.9 billion in loan repayments.

About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily creates, acquires, invests and manages senior commercial mortgages, subordinated financings and other debt investments related to the commercial real estate. The company is managed and externally advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a high growth global alternative asset manager with approximately $ 481 billion. assets under management as of September 30, 2021.

Additional information is available on the Company’s website at www.apolloreit.com.

Forward-looking statements
Certain statements in this press release constitute forward-looking statements as that 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 these 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 generally beyond the control of the Company. These forward-looking statements include information about the possible or expected future results of the Company’s business, its financial condition, liquidity, results of operations, plans and objectives. When used in this press 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 topics, 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; measures taken by government authorities to contain the COVID-19 pandemic or address 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, debt securities markets or the economy in general; the timing and amounts of future funding expected from unfunded commitments; return on equity; return on investments; the ability to borrow to finance assets; the Company’s ability to deploy the proceeds of its capital raising or to acquire its target assets; and the risks associated with investing in real estate assets, including changes in business conditions and the economy in general. For a further list and description of these risks and uncertainties, see the Company’s reports with the Securities and Exchange Commission. Forward-looking statements and other risks, uncertainties and factors are based on the Company’s beliefs, assumptions and expectations regarding 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 statement, whether as a result of new information, future events or otherwise, except as required by law.

CONTACT:

Hilary ginsberg

Investor Relations

(212) 822-0767


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