Jai Agarwal Intends to Resign from Apollo Commercial Real Estate Finance, Inc. as Treasurer and Secretary
September 01, 2021 at 04:16 pm EDT
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On August 26, 2021, Jai Agarwal, Treasurer and Secretary of Apollo Commercial Real Estate Finance, Inc. (the Company") informed the Company of his intention to resign from the Company. Mr. Agarwal has agreed to assist the Company in the transition of his responsibilities to his replacement and though the effective date of his resignation has not yet been determined, he will remain as Chief Financial Officer, Treasurer and Secretary of the Company through the filing of the Company's third quarter 2021 quarterly report on Form 10-Q.
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. The Companyâs principal business objective is to acquire its target assets in order to provide attractive 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. Its target assets are secured by real estate throughout the United States and Europe. The Company is externally managed and advised by ACREFI Management, LLC.
APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. 
