Apollo Commercial Real Estate Finance, Inc. (ARI) Sets NYSE Delisting, Liquidating Trust Timeline
Apollo Commercial Real Estate Finance (ARI) plans to delist from the NYSE around Oct. 27, 2026, with the last trading day expected Nov. 6, 2026. The company will then transfer assets and liabilities to a liquidating trust and dissolve. Beneficial interests will be non-transferable, according to the company.
How this was made

The 30-second read
Why it matters
The clear timeline accelerates investor decisions to liquidate positions, likely compressing the share price.
Market read
A definitive delisting schedule provides actionable information for traders holding or considering ARI.
What to watch
Potential hidden asset values or creditor negotiations that may improve distribution amounts.
Background
Apollo Commercial Real Estate Finance, a niche REIT, is entering its final liquidation phase after years of distressed asset holdings.
Ticker impact
Apollo Commercial Real Estate Finance announced its NYSE delisting and liquidation trust timeline, confirming the final trading day and asset transfer schedule.
downward pressure as shareholders sell ahead of the Nov. 6, 2026 final trading day
Delisting events historically trigger sell‑offs; the timeline provides a clear exit horizon.
Market effects
Signals further stress in the commercial real‑estate finance sector, potentially affecting peers.
Limited to U.S. listed REITs and related finance stocks.
Low; primarily a U.S. micro‑cap corporate action.
Counterpoint
If the liquidation trust yields higher-than-expected recoveries, the stock could rebound post‑delisting.
Key entities
- CompanyApollo Commercial Real Estate Finance, Inc.
Issuer of the ARI ticker, undergoing liquidation.
