Oct
06
Whirlwind of Activity for Apollo Commercial
ByThe REIT recently closed four loan transactions totaling $326 million in New York City, Chicago and D.C.
Lobby of the DoubleTree by Hilton Times Square West
New York—Apollo Commercial Real Estate Finance has been quite busy of late. The debt investments REIT recently closed four loan transactions worth a total of $325.5 million.
Talk about diversity, Apollo’s recent activities covered a lot of ground in terms of property types. Apollo provided a $105 million first mortgage loan secured by the brand-new, 612-key DoubleTree Times Square West hotel in Manhattan. The company financed another New York City asset, closing a $7.5 million first mortgage loan collateralized by a 6,500-square-foot retail property in Brooklyn. But it wasn’t all about the Big Apple…
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