Apollo Commercial Real Est Finance traded at $10.80 this Friday February 6th, increasing $0.08 or 0.75 percent since the previous trading session. Looking back, over the last four weeks, Apollo Commercial Real Est Finance gained 10.66 percent. Over the last 12 months, its price rose by 18.55 percent. Looking ahead, we forecast Apollo Commercial Real Est Finance to be priced at 10.48 by the end of this quarter and at 9.54 in one year, according to Trading Economics global macro models projections and analysts expectations.
Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. Its principal business objective is to acquire its target assets in order to provide risk adjusted returns to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. Its investment strategy is to identify opportunities within its target assets through its manager and its affiliates as well as their platform, which integrates real estate experience with private equity and capital markets in transaction sourcing, underwriting, execution, asset operation, management and disposition. The Company is externally managed and advised by ACREFI Management, LLC.