Salvati was Executive Vice President-Chief Operating Officer of National Financial Partners Corp. From September 1998 to February 2000, Mr. Salvati served as Chief Financial Officer of AMI Semiconductor, Inc. Salvati has been President at Oakridge Consulting, Inc., which provides interim management, management consulting and corporate advisory services to companies ranging in size from start-ups to multinational corporations. Michael Salvati has been one of our directors since September 2009. in Accounting and received an MBA from the Stanford University Graduate School of Business. Rothstein graduated from the Schreyer Honors College at the Pennsylvania State University with a B.S. Previously, he was employed by KKR Financial Advisors, LLC, RBC Capital Markets, Related Capital Company and Spieker Properties, Inc. Rothstein was a Co-Managing Partner of Four Corners Properties, a privately held real estate investment company. Since April 2022, he has also been a member of the Investment Committee of, and since June 2022, the Vice President of, ARIS Management, LLC, an affiliate of Apollo. (“ARIS”) since September 2021 and has served as the Chairman of the ARIS Board of Directors since June 2022. Rothstein has been one of the directors of Apollo Realty Income Solutions, Inc. Rothstein is responsible for managing the day-to-day operations of Apollo’s real estate business as well as strategic planning and new business development. Rothstein has been a Partner and the Chief Operating Officer of Apollo's real estate business since 2009. He is also the Vice President of, and a member of the Investment Committee of, our Manager. Rothstein also served as our Chief Financial Officer, Treasurer and Secretary. From September 2009 through April 1, 2013, Mr. Stuart Rothstein has been our President and Chief Executive Officer and one of our directors since March 2012, and also served as our interim Chief Financial Officer, Treasurer, and Secretary from Januto April 4, 2022. Our principal business objective is to make investments in our target assets in order to generate attractive risk adjusted returns for our stockholders, primarily through dividends and secondarily through capital appreciation.

We believe our relationship with Apollo provides us with significant advantages in sourcing, evaluating, underwriting and managing investments. We also draw upon the extensive transactional, financial, managerial and investment skills of Apollo's private equity, credit and real estate investment professionals. We are led by an experienced team of senior real estate professionals who have significant experience in commercial property ownership and finance. Since 2009, Apollo's real estate credit group has invested over $68 billion of capital into commercial real estate debt investments, $22 billion of which was on behalf of ARI. We are externally managed by ACREFI Management, LLC, an indirect subsidiary of Apollo Global Management, Inc. ('Apollo'), a leading global alternative investment manager.

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