Apollo Commercial REIT Sells $9 Billion Book to Insurance Arm
A property lender managed by Apollo Global Management Inc. agreed to sell its portfolio to the buyout firm’s insurance arm after the publicly listed real estate investment trust consistently traded...
By Patrick Clark · Bloomberg Markets
A property lender managed by Apollo Global Management Inc. agreed to sell its portfolio to the buyout firm’s insurance arm after the publicly listed real estate investment trust consistently traded below its book value.