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News

Apollo Pulls €500M Hotel Sale, But Yields And Repurposing Should Spur Market

Apollo Global Management has withdrawn the sale of a ... Eastdil Secured and JLL to sell it last year. Apollo is now looking to refinance a circa €175M ... are being held by Tifco, which is owned by Apollo. Despite the withdrawal of the portfolio, late 2023 saw ...

Jan 22, 2024
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Exterior of 111 West 57th St.
News

Apollo Writes Off Loan At Billionaires' Row Supertall, Chalks Up $82M Loss

... units, the velocity of unit sales remains behind expectations," Apollo CRE Finance CEO Stuart Rothstein said on an earnings call ... we’ve certainly dialed back expectations with respect to timing." Apollo CRE Finance provided a $239M refinancing loan on the ...

Aug 02, 2023
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cash
News

Apollo Says It Will Raise $20B War Chest For Pandemic-Era Loans

... opportunities and a lot of great companies that need capital," Apollo co-founder Joshua Harris said. "And so, we're ... opportunities emerge in distressed, stressed and capital solutions," Harris said. Apollo is hardly alone in preparing to ramp up its real ...

May 04, 2020
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16000 Pines Market Terra Group Apollo Global Management Pembroke Pines Broward County
News

Apollo Affiliate Pays $56M For Pembroke Pines Retail Center

The affiliate of private equity giant Apollo Global Management paid $56M for  16000 Pines Market, which is ... newly developed retail assets in the neighborhood. A representative from Apollo declined to comment on the purchase.  Terra was represented in ...

Aug 31, 2023
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Apollo Terminates Deal to Buy Schorsch’s $19B Asset Real Estate Venture
News

Apollo's Deal to Take Over Schorsch's $19B Real Estate Business Falls Through

... s newly formed AR Global investments has been mutually terminated.Apollo spent roughly a year working on the deal, led by ... purchase $25M of preferred stock of RCS Capital Corp from Apollo.It's speculated that financial issues, along with investigations into ...

Nov 10, 2015
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Apollo Global To Acquire $2.2B Resorts Company
News

Apollo Global To Acquire $2.2B Resorts Company

... within a few months with capital pulled from Apollo’s private equity fund—Apollo Investment Fund VIII, PERENews reports. The firm ... .76/share following Wednesday’s announcement.   This isn't Apollo's first venture into the hospitality sphere; just last year ...

Jun 30, 2016
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Apollo Scoops Up The Fresh Market For $1.36B Cash
News

Apollo Scoops Up The Fresh Market For $1.36B Cash

Apollo Global Management has gotten the go-ahead from ... .36B buyout of the retailer, the companies announced Monday. Apollo will throw down $28.50/share for the chain, ... 24% on the news, making up the entire premium Apollo put on it. The deal is expected to go ...

Mar 15, 2016
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Apollo Looks To Foreclose On D.C. Office Building Where WeWork Closed
News

Apollo Looks To Foreclose On D.C. Office Building Where WeWork Closed

... affidavit delivered by lender 660 NC LLC, an affiliate of Apollo Insurance Solutions Group LLC, to building owner 660 North Capitol ... the rights to the property at 660 North Capitol to Apollo.  Also filed Monday was a document appointing Miles & Stockbridge ...

Nov 14, 2023
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Apollo Makes ‘Significant’ Investment In Data Center Developer
News

Apollo Makes ‘Significant’ Investment In Data Center Developer

... is calling the first step of a broader partnership. Apollo announced Monday that its infrastructure fund made a “significant ... provider Parallel Infrastructure, according to Data Center Dynamics. Apollo is the latest major asset management firm to acquire ...

Jun 12, 2023
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165 Courtland St.
News

Apollo Moves To Foreclose On Huge Downtown Atlanta Hotel After Default

... , has defaulted on its mortgage and is facing foreclosure. Apollo Commercial Real Estate Finance is in talks with Philadelphia-based ... and the Fandangles restaurant and bar.  A spokesperson for Apollo declined to comment. Arden officials didn't respond to ...

Mar 08, 2023
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