Apollo Commercial Real Estate Finance Inc
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1.58B
Market cap
38.34x
Current P/E
17.79x
Forward P/E

About

Real Estate
Sector
REIT - Mortgage
Industry

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders.

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