Mar 09, 2021 / 01:15PM GMT
Arren Saul Cyganovich - Citigroup Inc., Research Division - VP & Senior Analyst
Welcome to Citi's 2021 Virtual Property CEO Conference. I'm Arren Cyganovich with Citi Research. And we're pleased to have with us Apollo Commercial Real Estate Finance, and CEO, Stuart Rothstein. This session is for Citi clients only. If media or other individuals are on the line, please disconnect now. Disclosures are available on the webcast. (Operator Instructions)
Questions and Answers:
Arren Saul Cyganovich - Citigroup Inc., Research Division - VP & Senior AnalystSo Stuart, we'll turn over to you, and you can talk a little bit about the company. And just to start off, coming out of the pandemic, if an investor were to choose only 1 real estate stock to own, what are 3 reasons why they should invest in ARI?
Stuart A. Rothstein - Apollo Commercial Real Estate Finance, Inc. - President, CEO & Director
Thanks, Arren. Look, I think quickly, just from a financial analysis perspective, a stock that traded at 115 to 120x