February 11, 2025 - 10:35
Apollo Commercial has reported a fourth-quarter profit of $0.27 per share, showcasing a significant turnaround despite facing challenges throughout the year. The company highlighted a transformative $2.5 billion portfolio overhaul, which played a crucial role in bolstering its financial performance in the final quarter.
This impressive fourth-quarter result stands in contrast to the overall annual performance, which was marked by losses. The company managed to navigate through various difficulties, including market fluctuations and economic pressures, to deliver a strong finish to the year. The strategic changes made to the portfolio are expected to enhance long-term stability and growth prospects.
Investors are optimistic about the future as the company positions itself for recovery and potential growth in the coming quarters. The strong Q4 results provide a foundation for Apollo Commercial to build upon as it seeks to improve its overall financial health and regain momentum in the market.
September 20, 2025 - 03:20
Leadership Transition at Blackstone Following Tragic IncidentKatie Keenan has been appointed to lead the real estate division at Blackstone, stepping into the role previously held by Wesley LePatner, who tragically lost his life in a shooting this past...
September 19, 2025 - 20:51
Trader Joe’s $70 Million Distribution Center Acquisition Leads Denver Commercial Real Estate DealsIn a significant development within the Denver metro area, Trader Joe’s has made headlines with its recent acquisition of a $70 million distribution center. This strategic investment underscores...
September 18, 2025 - 19:10
Bank of America Acquires €100 Million Real Estate Loan Portfolio from SantanderBank of America Corp. has reached an agreement to purchase a Spanish real estate loan portfolio valued at approximately €100 million, equivalent to $118 million, from Banco Santander SA. This...
September 18, 2025 - 10:41
Final Opportunity to Nominate a 2026 Real Estate NewsmakerTomorrow marks the final opportunity for individuals and organizations to submit their nominations for the prestigious 2026 Real Estate Newsmaker awards. This annual recognition honors outstanding...