IPO - Apollo Realty Income Solutions, Inc.

Form Type: S-11/A

Filing Date: 2025-06-25

Corporate Action: Ipo

Type: Update

Accession Number: 000119312525145903

Filing Summary: Apollo Realty Income Solutions, Inc. filed a Pre-Effective Amendment No. 2 to its Registration Statement on Form S-11 with the SEC. This amendment, which was filed to add two new exhibits, does not include a preliminary prospectus. The company is classified as a large accelerated filer and is an emerging growth company, having opted not to use the extended transition period for new or revised financial accounting standards. The document details various expenses related to the issuance and registration of securities, amounting to an estimated total of $14,353,776. Additionally, the filing provides information about sales to special parties and recent sales of unregistered securities totaling significant amounts, exempt from registration provisions. It contains discussions about indemnification of directors and officers, along with standard undertakings as per SEC regulations for financial disclosures and reporting for registered securities. Two exhibits, list of expenses, and relevant financial statements referenced in the document are also included but not detailed in the summary, maintaining focus on the registration and relevant corporate actions associated with the company.

Form Type: S-11/A

Filing Date: 2025-06-16

Corporate Action: Ipo

Type: Update

Accession Number: 000119312525141501

Filing Summary: Apollo Realty Income Solutions, Inc. has filed a Pre-Effective Amendment No. 1 to Form S-11 with the SEC to register up to $5 billion in shares of common stock for a continuous public offering. The company focuses on investing in a diversified portfolio of income-oriented commercial real estate in the United States and is externally managed by ARIS Management, LLC, an affiliate of Apollo Global Management. The shares are structured into six classes, allowing certain investors to acquire shares based on eligibility criteria, with the maximum offering including a distribution reinvestment plan. Investors are cautioned that this investment carries a high degree of risk with limited liquidity, and suitability standards apply, emphasizing it as a long-term investment. The offering involves several share classes with variable pricing based on net asset value and associated selling commissions, dealer manager fees, and structural limitations on ownership and transferability of shares. Key risks include reliance on an external adviser, limited operating history, and potential conflicts of interest, along with the nature of investments in commercial real estate which carry specific economic risks. Detailed suitability standards for different states are described, aiming to ensure appropriate investment by individuals based on their financial thresholds.

Form Type: POS AM

Filing Date: 2025-04-04

Corporate Action: Ipo

Type: New

Accession Number: 000119312525073529

Filing Summary: On April 4, 2025, Apollo Realty Income Solutions, Inc. filed a post-effective amendment to its registration under Form S-11 for securities under the Securities Act of 1933. The filing indicates the company is offering a maximum of $5 billion in shares, with a minimum offering of $100 million. Apollo Realty Income Solutions aims to invest in income-oriented commercial real estate predominantly in the U.S. as a real estate investment trust (REIT). The company is externally managed by ARIS Management, LLC, which is affiliated with Apollo Global Management, Inc. The shares will be sold in a continuous offering, including multiple classes of common stock with varying commission structures. It emphasizes potential investment risks, including market volatility and reduced liquidity, and it does not intend to list shares on any exchange. The registration may also involve different upfront selling commissions and additional fees, and compliance with various suitability standards for different states is required. Investors should note that the shares are intended for long-term holds with limited liquidity options through a share repurchase plan.