ARI's Q1 debt investments consisted of $251 million in first mortgage loans, underwritten to generate a levered weighted average IRR of approximately 15 percent; and $77 million in subordinate loans, underwritten to generate a 14 percent IRR, in line with the 14.5 percent average on the company's $2.6 billion commercial real estate debt portfolio, reports PDI sister publication Real Estate Capital .
Apollo invests $328m CRE debt in Q1
 Apollo Commercial Real Estate Finance (ARI) reported $328 million in new debt investments for the first quarter of the year. Â
