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  <xsd:element abstract="true" id="ari_HotelSilverSpringMDMember" name="HotelSilverSpringMDMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_InterestandFeeIncomeLoansRepurchaseAgreements" name="InterestandFeeIncomeLoansRepurchaseAgreements" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="ari_InterestandFeeIncomeLoansSubordinateCommercialRealEstate" name="InterestandFeeIncomeLoansSubordinateCommercialRealEstate" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="ari_InvestmentAdvanceRate" name="InvestmentAdvanceRate" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_InvestmentFaceAmount" name="InvestmentFaceAmount" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="ari_InvestmentInternalRateofReturn" name="InvestmentInternalRateofReturn" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_InvestmentRepurchaseAgreementDisclosureAbstract" name="InvestmentRepurchaseAgreementDisclosureAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_InvestmentRepurchaseAgreementDisclosureTextBlock" name="InvestmentRepurchaseAgreementDisclosureTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_JPMorganChaseMember" name="JPMorganChaseMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_JanuaryTwoThousandFifteenMember" name="JanuaryTwoThousandFifteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_JanuaryTwoThousandFourteenMember" name="JanuaryTwoThousandFourteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_JanuaryTwoThousandSixteenMember" name="JanuaryTwoThousandSixteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_July2013RepurchaseProgramMember" name="July2013RepurchaseProgramMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_July20142Member" name="July20142Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_July20152Member" name="July20152Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_JulyTwoThousandFifteenMember" name="JulyTwoThousandFifteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_JulyTwoThousandFourteenMember" name="JulyTwoThousandFourteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_JulyTwoThousandSixteenMember" name="JulyTwoThousandSixteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_JuniorMezzRetailVariousMember" name="JuniorMezzRetailVariousMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_KBCDPartnershipMember" name="KBCDPartnershipMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditAdditionalBorrowingCapacity" name="LineofCreditAdditionalBorrowingCapacity" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element id="ari_LineofCreditCovenantConsolidatedRecourseIndebtedness" name="LineofCreditCovenantConsolidatedRecourseIndebtedness" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element id="ari_LineofCreditCovenantMaximumDebttoTangibleNetWorthRatio" name="LineofCreditCovenantMaximumDebttoTangibleNetWorthRatio" nillable="true" substitutionGroup="xbrli:item" type="xbrli:pureItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditCovenantMinimumEBITDAtoInterestExpenseRatio" name="LineofCreditCovenantMinimumEBITDAtoInterestExpenseRatio" nillable="true" substitutionGroup="xbrli:item" type="xbrli:pureItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditCovenantMinimumLiquidity" name="LineofCreditCovenantMinimumLiquidity" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="ari_LineofCreditCovenantMinimumLiquidityPercentage" name="LineofCreditCovenantMinimumLiquidityPercentage" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditCovenantMinimumNetAssetValue" name="LineofCreditCovenantMinimumNetAssetValue" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditCovenantMinimumNetAssetValuePercentageDuringPriorQuarter" name="LineofCreditCovenantMinimumNetAssetValuePercentageDuringPriorQuarter" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditCovenantMinimumNetAssetValuePercentageDuringPriorYear" name="LineofCreditCovenantMinimumNetAssetValuePercentageDuringPriorYear" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditCovenantMinimumNetIncome" name="LineofCreditCovenantMinimumNetIncome" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityEstimatedFairValueofCollateralPledgedPercentage" name="LineofCreditFacilityEstimatedFairValueofCollateralPledgedPercentage" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityInterestRateAccrualRate" name="LineofCreditFacilityInterestRateAccrualRate" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityInterestRateCurrentRate" name="LineofCreditFacilityInterestRateCurrentRate" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityInterestRateStatedPercentage" name="LineofCreditFacilityInterestRateStatedPercentage" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityLoanExtensionFeePercentage" name="LineofCreditFacilityLoanExtensionFeePercentage" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityMarginofCashBorrowedPercentage" name="LineofCreditFacilityMarginofCashBorrowedPercentage" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityOptiontoExtendTerm" name="LineofCreditFacilityOptiontoExtendTerm" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityPeriodofPotentialExtension" name="LineofCreditFacilityPeriodofPotentialExtension" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditFacilityThresholdAmountforMarginCalls" name="LineofCreditFacilityThresholdAmountforMarginCalls" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditLimitedGuaranteePercentageCreditFacility" name="LineofCreditLimitedGuaranteePercentageCreditFacility" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LineofCreditNumberofExtensions" name="LineofCreditNumberofExtensions" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_LoansHeldForSaleRepurchaseAgreements" name="LoansHeldForSaleRepurchaseAgreements" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="ari_LoansHeldforsaleRepurchaseAgreementsFairValueDisclosure" name="LoansHeldforsaleRepurchaseAgreementsFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="ari_LoansHeldforsaleSubordinateCommercialRealEstateFairValueDisclosure" name="LoansHeldforsaleSubordinateCommercialRealEstateFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="ari_LuxuryResidentialCondominiumMontgomeryCountyMDMember" name="LuxuryResidentialCondominiumMontgomeryCountyMDMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_ManagementFeesMember" name="ManagementFeesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MarchTwoThousandFifteenMember" name="MarchTwoThousandFifteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MarchTwoThousandFourteenMember" name="MarchTwoThousandFourteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MiddleAtlanticMember" name="MiddleAtlanticMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MixedUseFloridaMember" name="MixedUseFloridaMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MixedUseMember" name="MixedUseMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MixedUseNorthCarolinaMember" name="MixedUseNorthCarolinaMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MixedUsePittsburghPAMember" name="MixedUsePittsburghPAMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MixedUseSouthBostonMAMember" name="MixedUseSouthBostonMAMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MixedUseVariousMember" name="MixedUseVariousMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_MortgageLoansOnRealEstateAccretionOfDiscount" name="MortgageLoansOnRealEstateAccretionOfDiscount" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_MortgageLoansOnRealEstateLoanPeriod" name="MortgageLoansOnRealEstateLoanPeriod" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_MortgageLoansonRealEstateAreaofRealEstateProperty" name="MortgageLoansonRealEstateAreaofRealEstateProperty" nillable="true" substitutionGroup="xbrli:item" type="num:areaItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_MortgageLoansonRealEstateFaceAmountofMortgagesCurrent" name="MortgageLoansonRealEstateFaceAmountofMortgagesCurrent" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="ari_MortgageLoansonRealEstateFundedAmountofMortgages" name="MortgageLoansonRealEstateFundedAmountofMortgages" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="ari_MortgageLoansonRealEstateInterestRateIncreaseDecrease" name="MortgageLoansonRealEstateInterestRateIncreaseDecrease" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_MortgageLoansonRealEstateInternalRateofReturn" name="MortgageLoansonRealEstateInternalRateofReturn" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="instant" />
  <xsd:element id="ari_MortgageLoansonRealEstateNumberofUnitsinRealEstateProperty" name="MortgageLoansonRealEstateNumberofUnitsinRealEstateProperty" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_MortgageLoansonRealEstatePeriodicPaymentTerm" name="MortgageLoansonRealEstatePeriodicPaymentTerm" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_MortgageLoansonRealEstateRenewedandExtendedAmendmentFeeRate" name="MortgageLoansonRealEstateRenewedandExtendedAmendmentFeeRate" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_MortgageLoansonRealEstateRenewedandExtendedExitFeeRate" name="MortgageLoansonRealEstateRenewedandExtendedExitFeeRate" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="instant" />
  <xsd:element id="ari_MortgageLoansonRealEstateSubParticipationInterestAcquiredBrokerageFee" name="MortgageLoansonRealEstateSubParticipationInterestAcquiredBrokerageFee" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="instant" />
  <xsd:element id="ari_MortgageLoansonRealEstateSubParticipationInterestAcquiredPercentageofParGross" name="MortgageLoansonRealEstateSubParticipationInterestAcquiredPercentageofParGross" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="ari_MultiFamilyAndCommercialMember" name="MultiFamilyAndCommercialMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MultifamilyConversionDecember2014Member" name="MultifamilyConversionDecember2014Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MultifamilyConversionJune2014Member" name="MultifamilyConversionJune2014Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_MultifamilyConversionMember" name="MultifamilyConversionMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_NumberofDebtPositionsinAssetPool" name="NumberofDebtPositionsinAssetPool" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_NumberofOptionstoExtendLoanAgreement" name="NumberofOptionstoExtendLoanAgreement" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OctoberTwoThousandFifteenMember" name="OctoberTwoThousandFifteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OctoberTwoThousandFourteenMember" name="OctoberTwoThousandFourteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OctoberTwoThousandSixteenMember" name="OctoberTwoThousandSixteenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OfficeComplexMissouriMember" name="OfficeComplexMissouriMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OfficeCondoMember" name="OfficeCondoMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OfficeCondoNewYorkNYMember" name="OfficeCondoNewYorkNYMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OfficeMember" name="OfficeMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OfficeMichiganMember" name="OfficeMichiganMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_OneMonthLIBORMember" name="OneMonthLIBORMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_PacificMember" name="PacificMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_PayableforOfferingCosts" name="PayableforOfferingCosts" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element id="ari_PaymentsForSecuritiesSoldUnderAgreementsToRepurchase" name="PaymentsForSecuritiesSoldUnderAgreementsToRepurchase" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="ari_PaymentsforFundingofRepurchaseAgreements" name="PaymentsforFundingofRepurchaseAgreements" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="ari_PaymentstoAcquireTradingSecuritiesHeldasCollateralatFairValue" name="PaymentstoAcquireTradingSecuritiesHeldasCollateralatFairValue" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="ari_PaymentstoPurchaseCommercialRealEstateLoansHeldforsale" name="PaymentstoPurchaseCommercialRealEstateLoansHeldforsale" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="ari_PaymentstoPurchaseSubordinateCommercialRealEstateLoansHeldforsale" name="PaymentstoPurchaseSubordinateCommercialRealEstateLoansHeldforsale" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="ari_PreferredStockSharesIssuedPursuantToUnderwritersOption" name="PreferredStockSharesIssuedPursuantToUnderwritersOption" nillable="true" substitutionGroup="xbrli:item" type="xbrli:sharesItemType" xbrli:periodType="instant" />
  <xsd:element id="ari_PrincipalPaymentsReceivedOnSecuritiesAvailableForSale" name="PrincipalPaymentsReceivedOnSecuritiesAvailableForSale" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_PrincipalPaymentsReceivedOnSecuritiesatEstimatedFairValue" name="PrincipalPaymentsReceivedOnSecuritiesatEstimatedFairValue" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase" name="ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_ProceedsfromCollectionofCommercialRealEstateLoansHeldforsale" name="ProceedsfromCollectionofCommercialRealEstateLoansHeldforsale" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_ProceedsfromCollectionofLoansReceivableYieldMaintenancePayment" name="ProceedsfromCollectionofLoansReceivableYieldMaintenancePayment" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_ProceedsfromIssuanceofCommonStockNet" name="ProceedsfromIssuanceofCommonStockNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_ProceedsfromIssuanceofPreferredStockandPreferenceStockNet" name="ProceedsfromIssuanceofPreferredStockandPreferenceStockNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_ProceedsfromSaleofAvailableforsaleSecuritiesDebtNetofRepaymentofLineofCredit" name="ProceedsfromSaleofAvailableforsaleSecuritiesDebtNetofRepaymentofLineofCredit" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="ari_ProceedsfromSaleofTradingSecuritiesHeldasCollateralatFairValue" name="ProceedsfromSaleofTradingSecuritiesHeldasCollateralatFairValue" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_PublicOfferingMember" name="PublicOfferingMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_PublicOfferingUnderwritersOptionMember" name="PublicOfferingUnderwritersOptionMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_ReimbursementsMember" name="ReimbursementsMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_RelatedPartyTransactionAnnualManagementFeeRate" name="RelatedPartyTransactionAnnualManagementFeeRate" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_RelatedPartyTransactionTerminationVoteThresholdRate" name="RelatedPartyTransactionTerminationVoteThresholdRate" nillable="true" substitutionGroup="xbrli:item" type="xbrli:pureItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_RelatedpartyTransactionTerminationNoticePeriod" name="RelatedpartyTransactionTerminationNoticePeriod" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_RepurchaseFacilityMember" name="RepurchaseFacilityMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_ResidentialCondominiumMember" name="ResidentialCondominiumMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_RestrictedStockandRestrictedStockUnitsMember" name="RestrictedStockandRestrictedStockUnitsMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_RetailCenterVirginiaMember" name="RetailCenterVirginiaMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_RetailMember" name="RetailMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_ScheduleofAvailableforsaleSecuritiesWeightedAverageQuantitativeInformationTableTextBlock" name="ScheduleofAvailableforsaleSecuritiesWeightedAverageQuantitativeInformationTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_ScheduleofMortgageLoansonRealEstateTableTextBlock" name="ScheduleofMortgageLoansonRealEstateTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_ScheduleofOutstandingMaximumandAverageBalancesofDebtTableTextBlock" name="ScheduleofOutstandingMaximumandAverageBalancesofDebtTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_SeniorMezzRetailVariousMember" name="SeniorMezzRetailVariousMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_SeniorSubParticipationInterests" name="SeniorSubParticipationInterests" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesAuthorizedasPercentageofCommonStockOutstanding" name="ShareBasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesAuthorizedasPercentageofCommonStockOutstanding" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="instant" />
  <xsd:element id="ari_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVest" name="SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsExpectedtoVest" nillable="true" substitutionGroup="xbrli:item" type="xbrli:sharesItemType" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="ari_SixMonthLIBORMember" name="SixMonthLIBORMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_SkiResortCaliforniaMember" name="SkiResortCaliforniaMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_SkiResortMember" name="SkiResortMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_SouthAtlanticMember" name="SouthAtlanticMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="ari_StockOfferingProgramAuthorizedAmount" name="StockOfferingProgramAuthorizedAmount" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_SubordinateMortgageLoansMember" name="SubordinateMortgageLoansMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_SummaryOfSignificantAccountingPoliciesLineItems" name="SummaryOfSignificantAccountingPoliciesLineItems" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_SummaryOfSignificantAccountingPoliciesTable" name="SummaryOfSignificantAccountingPoliciesTable" nillable="true" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_SupplementalCashFlowInformationCashPaidAbstract" name="SupplementalCashFlowInformationCashPaidAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_UBSMember" name="UBSMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_UnderwritersOptionMember" name="UnderwritersOptionMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_Vintage2006Member" name="Vintage2006Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_Vintage2007Member" name="Vintage2007Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_VintageConcentrationRiskMember" name="VintageConcentrationRiskMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_WarehousePortfolioVariousMember" name="WarehousePortfolioVariousMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="ari_WellsFargoMember" name="WellsFargoMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
</xsd:schema>
