Apollo Commercial Real Estate Finance (ARI) is a leading Commercial Mortgage REIT. The company has recently released results for Q1 2018. Overall, the financial performance has been strong, although this quarter should be viewed as "transitional" due to the sale of the CMBS portfolio in Q4 (and loss of related interest income) and the shares issuance completed in Q1 2018 (resulting in some dilution until the proceeds are fully invested).
Financials & Q1 2018 Performance
ARI's performance in Q1 has been relatively strong, although the results were impacted by the sale of the