ARI

In the past six months, ARI announced on January 28, 2026, a definitive agreement to sell its entire commercial real estate loan portfolio, valued at approximately $9 billion, to Athene Holding Ltd., expecting $1.4 billion of net cash and $1.7 billion of common stockholders' equity. Shareholders approved this sale on April 21, 2026. On June 15, 2026, the company declared a $3.75 per share common stock dividend, largely classified as a return of capital, and its board recommended a plan for complete liquidation and dissolution, pending stockholder approval. S&P Global Ratings revised its outlook on ARI from positive to stable and withdrew its 'B+' rating on July 10, 2026, due to the unlikelihood of new investments given the dissolution recommendation. ARI reported its second-quarter 2026 results on August 10, 2026, showing net income of $0.11 per diluted share and Distributable Earnings of ($2.62) per diluted share. On September 24, 2026, ARI's stock price reached a new 52-week low of $6.25, with analyst sentiment generally leaning towards a 'Hold' rating.