NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) — Apollo Industrial Actual Property Finance, Inc. (the “Firm” or “ARI”) (NYSE:ARI) at present introduced the Firm dedicated to $1.7 billion of mortgages within the fourth quarter of 2021, bringing annual mortgage originations to $3.2 billion for the yr.
“ARI originated over $3.2 billion of mortgages in 2021, capitalizing on the power of Apollo’s international model within the industrial actual property lending market,” stated Stuart Rothstein, Chief Govt Officer and President of the Firm. “The fourth quarter was our most lively of the yr and we’re carrying that momentum into 2022 with a sturdy pipeline. ARI’s origination exercise expanded into a number of new markets and property sorts in 2021, demonstrating the breadth of Apollo’s platform. Our capability to supply artistic, versatile capital options in addition to certainty of execution to our debtors permits ARI to originate investments that generate enticing, threat adjusted returns for our stockholders.”
Fourth Quarter Portfolio Exercise
New Investments – In the course of the fourth quarter of 2021, ARI originated $1.7 billion of mortgages ($1.3 billion of which have been funded in the course of the quarter).
Funding of Beforehand Closed Loans – In the course of the fourth quarter of 2021, ARI funded $145.0 million for loans closed previous to the quarter.
Mortgage Repayments – In the course of the fourth quarter of 2021, ARI obtained $0.9 billion from mortgage repayments.
About Apollo Industrial Actual Property Finance, Inc.
Apollo Industrial Actual Property Finance, Inc. (NYSE: ARI) is an actual property funding belief that primarily originates, acquires, invests in and manages performing industrial first mortgage loans, subordinate financings and different industrial actual estate-related debt investments. The Firm is externally managed and suggested by ACREFI Administration, LLC, a Delaware restricted legal responsibility firm and an oblique subsidiary of Apollo World Administration, Inc., a high-growth, international various asset supervisor with roughly $481 billion of property underneath administration at September 30, 2021.
Extra data might be discovered on the Firm’s web site at www.apolloreit.com.
Ahead-Wanting Statements
Sure statements contained on this press launch represent forward-looking statements as such time period is outlined in Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended, and such statements are supposed to be lined by the secure harbor supplied by the identical. Ahead-looking statements are topic to substantial dangers and uncertainties, a lot of that are tough to foretell and are usually past the Firm’s management. These forward-looking statements embrace details about attainable or assumed future outcomes of the Firm’s enterprise, monetary situation, liquidity, outcomes of operations, plans and targets. When used on this launch, the phrases consider, anticipate, anticipate, estimate, plan, proceed, intend, ought to, could or related expressions, are supposed to establish forward-looking statements. Statements concerning the next topics, amongst others, could also be forward-looking: macro- and micro-economic impression of the COVID-19 pandemic; the severity and length of the COVID-19 pandemic; actions taken by governmental authorities to comprise the COVID-19 pandemic or deal with its impression; the impression of the COVID-19 pandemic on the Firm’s monetary situation, outcomes of operations, liquidity and capital sources; market tendencies within the Firm’s trade, rates of interest, actual property values, the debt securities markets or the final economic system; the timing and quantities of anticipated future fundings of unfunded commitments; the return on fairness; the yield on investments; the power to borrow to finance property; the Firm’s capability to deploy the proceeds of its capital raises or purchase its goal property; and dangers related to investing in actual property property, together with modifications in enterprise situations and the final economic system. For an additional record and outline of such dangers and uncertainties, see the studies filed by the Firm with the Securities and Alternate Fee. The forward-looking statements, and different dangers, uncertainties and components are based mostly on the Firm’s beliefs, assumptions and expectations of its future efficiency, making an allowance for all data at present accessible to the Firm. Ahead-looking statements usually are not predictions of future occasions. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as required by regulation.
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CONTACT: |
Hilary Ginsberg |
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Investor Relations |
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(212) 822-0767 |
