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pollo Commercial Real Estate Finance (ARI) reported a significant loan origination volume of $1.9 billion in 2024, with $782 million originated in the fourth quarter alone. The company also completed $330 million in funded closings during this period. In addition to new originations, ARI received substantial loan repayments, totaling $2.5 billion for the year and $0.8 billion in the fourth quarter. These repayments were geographically diverse, with 41% coming from U.S. properties and 59% from UK and European properties across various sectors.

    ARI's CEO, Stuart Rothstein, expressed confidence that the new vintage loans will generate attractive levered returns on equity. The company also funded $97 million in add-on fundings for previously closed loans during the fourth quarter of 2024. This balanced approach between new originations and existing relationship management is essential for maintaining portfolio quality and generating stable returns.

    The substantial repayment activity provides ARI with significant capital recycling opportunities, allowing for portfolio optimization in a dynamic market environment. This flexibility is particularly valuable given current market uncertainties and evolving real estate fundamentals.