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Apollo Commercial closes 4 commercial real estate loan transactions

ApolloCommercial Real Estate Finance Inc. closed four commercial realestate loan transactions totaling $325.5 million and funded $16.6 million forpreviously closed loans.

The company's recent activity brings year-to-date totalcapital commitment and deployment to about $749.0 million.

In addition, the company entered into a master repurchaseagreement with Deutsche Bank AG to provide up to $300.0 million of advances inconnection with financing first mortgage loans.

The facility has a term of one year with two one-yearextension options and will accrue interest at a per annum pricing equal to thesum of the one-month LIBOR plus an applicable spread.