Recent

% | $
Quotes you view appear here for quick access.

Apollo Commercial Real Estate Finance, Inc. Message Board

  • DiamlerFord DiamlerFord Apr 30, 2003 7:42 AM Flag

    a solid showing

    and a company that is well on the way to being recognized as the real "play" on the Southern California economy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Very solid. KRC came in fine and increased year ffo by 5 cents yesterday. SoCal unemployment rates took a very nice drop recently and may have been the prelude to the recent price increases in KRC and ARI. Their increases in stock price have been disproportionate to the rest of the sector.

      MaGuire's IPO is coming out in late May having been refiled in FEB or MAR. I suspect he may have seen the seeds of recovery in the SoCal economy and decided to get into the public markets now.

      • 2 Replies to ferdiefor
      • I sort of got the feeling from the cc that ARI mgmt believes a significant corner has been turned going forward but they were too afraid to be the first office reit to make such a statement. I think that may mean better occupancy and retention for the remainder of the year BUT pricing is still weak. The more retained the less TI/commissions that have to be paid out. If it turns out they were being ultra conservative who can blame them?

      • I sort of got the feeling from the cc that ARI mgmt believes a significant corner has been turned going forward but they were too afraid to be the first office reit to make such a statement. I think that may mean better occupancy and retention for the remainder of the year BUT pricing is still weak. The more retained the less TI/commissions that have to be paid out. If it turns out they were being ultra conservative who can blame them?

 
ARI
15.70-0.05(-0.32%)Feb 5 4:01 PMEST