ARI Reports Q3 2024 Earnings with Key Financial Highlights
ARI reported Q3 2024 earnings with a GAAP net loss of $95 million, driven by a $128 million realized loss from the Massachusetts hospital loan resolution. The company saw $953 million in loan repayments and $597 million in new loan commitments, while distributable earnings reached $44 million. The weighted average unleveraged yield remained at 8.5%.
Topics: CECL allowance distributable earnings GAAP net loss leverage liquidity loan originations loan portfolio net loan repayments portfolio yield risk ratings