Novare Capital Management Cuts Stake in Apollo Commercial Real Estate Finance
January 26, 2025 - 18:20
Novare Capital Management LLC has significantly decreased its holdings in Apollo Commercial Real Estate Finance, Inc. by 38.6% during the fourth quarter, as revealed in its latest filing with the Securities and Exchange Commission. The institutional investor previously owned 49,800 shares of the real estate finance company but has now sold 31,250 shares.
This move reflects a strategic reshaping of Novare's investment portfolio, potentially in response to market conditions or shifts in investment strategy. The decision to reduce its stake may indicate a cautious outlook on the commercial real estate sector, which has faced various challenges in recent times, including rising interest rates and economic uncertainties.
Apollo Commercial Real Estate Finance, known for its investments in commercial real estate debt, continues to navigate a competitive landscape. The adjustment by Novare Capital Management highlights the dynamic nature of investment strategies among institutional investors as they respond to evolving market trends.
MORE NEWS
July 10, 2026 - 03:49
Chicopee to consider quarterly real estate tax billingCHICOPEE - Mayor John Vieau has taken a step toward potentially changing how residents pay their property taxes. He recently appointed a task force to review the city`s current real estate tax...
July 9, 2026 - 02:30
North Fork house of the week and real estate transfers: July 8, 2026This week`s featured property is a four-bedroom colonial in Aquebogue, listed at $899,000. The home sits on a half-acre lot and includes a renovated kitchen with quartz countertops, hardwood floors...
July 8, 2026 - 18:09
EXCLUSIVE: Aubrey Plaza Cuts Another $450K Off Price of L.A. Home—Weeks After Relisting ItAubrey Plaza has reduced the asking price of her Los Feliz property once more, cutting an additional $450,000 just weeks after relisting it. The 41-year-old actress initially put the home on the...
July 8, 2026 - 01:19
Former Democratic mayor of state capital city pleads guilty for role in six-figure real estate bribery schemeFormer Jackson, Mississippi mayor Chokwe Antar Lumumba pleaded guilty Thursday to federal charges connected to a bribery scheme involving real estate developers. Court documents reveal that Lumumba...