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Apollo to liquidate finance REIT after $9 billion loan portfolio sale

Firm still holds three noteworthy properties
Apollo Commercial Real Estate Finance REIT's holdings include the historic Mayflower Hotel in Washington, D.C. (CoStar)
Apollo Commercial Real Estate Finance REIT's holdings include the historic Mayflower Hotel in Washington, D.C. (CoStar)

Apollo Global Management is shutting down its Apollo Commercial Real Estate Finance REIT following the sale of the real estate investment trust's $9 billion loan portfolio.

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