“Yes, we have any sort of property,” Nor tells one caller. “Come to me today so I can show you some.” This seaside city’s real estate market has seen an upsurge in demand over the last two years, thanks in large part to security gains made following the ouster of the al-Qaida-linked insurgents of al-Shabab. Although Mogadishu and other parts of Somalia are still a long way from firm stability and suffer the occasional militant attack, property brokers such as Nor now answer the many calls of ordinary Somalis who want to invest their money at home.
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Apollo Commercial Real Estate Finance, Inc. to Present at JMP Securities Financial Services and Real Estate Conference
About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. ( NYSE : ARI ) is a real estate investment trust that primarily originates, invests in, acquires and manages performing commercial real estate first mortgage loans, commercial mortgage-backed securities, subordinate financings and other commercial real estate-related debt investments throughout the U.S.The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, LLC, a leading global alternative investment manager with approximately $113 billion of assets under management at June 30, 2013. Additional information can be found on the Company’s website at http://www.apolloreit.com . Forward-Looking Statements Certain free statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same.
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