Apollo Commercial Real Estate Finance, which apollo-backed REIT planning to invest in commercial real estate and CMBS, will see its quiet period end on 11/2/09. On 9/23/09, the company raised $200.0 million by offering 10,000,000 shares at $20.00, at low end...read more
Ladder Capital Realty Finance, a newly-organized REIT that planned to invest in commercial real estate loans, postponed its IPO on Tuesday. It was the second consecutive mortgage REIT to postpone its IPO after Foursquare Capital postponed its deal last week. ...read more
Apollo Commercial Real Estate Finance, a newly formed REIT planning to invest in commercial real estate debt and CMBS, raised $200 million by offering 10 million shares at $20 each on Wednesday evening. The company had originally planned to raise $400 million...read more
Two newly formed mortgage REITs focused on commercial real estate, Colony Financial (CLNY) and Apollo Commercial (ARI), cut their proposed deal sizes in half on Wednesday morning. Colony Financial, which had planned to raise $500 million, now expects to...read more
Apollo Commercial quiet period ends November 2
Apollo Commercial Real Estate Finance, which apollo-backed REIT planning to invest in commercial real estate and CMBS, will see its quiet period end on 11/2/09. On 9/23/09, the company raised $200.0 million by offering 10,000,000 shares at $20.00, at low end...read more
Ladder Capital mortgage REIT postpones IPO
Ladder Capital Realty Finance, a newly-organized REIT that planned to invest in commercial real estate loans, postponed its IPO on Tuesday. It was the second consecutive mortgage REIT to postpone its IPO after Foursquare Capital postponed its deal last week. ...read more
Downsized Apollo Commercial IPO raises $200 million
Apollo Commercial Real Estate Finance, a newly formed REIT planning to invest in commercial real estate debt and CMBS, raised $200 million by offering 10 million shares at $20 each on Wednesday evening. The company had originally planned to raise $400 million...read more
Apollo and Colony REITs halve their IPO sizes
Two newly formed mortgage REITs focused on commercial real estate, Colony Financial (CLNY) and Apollo Commercial (ARI), cut their proposed deal sizes in half on Wednesday morning. Colony Financial, which had planned to raise $500 million, now expects to...read more