<SEC-DOCUMENT>0001181431-14-038890.txt : 20141216
<SEC-HEADER>0001181431-14-038890.hdr.sgml : 20141216
<ACCEPTANCE-DATETIME>20141216074654
ACCESSION NUMBER:		0001181431-14-038890
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20141215
FILED AS OF DATE:		20141216
DATE AS OF CHANGE:		20141216

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Apollo Commercial Real Estate Finance, Inc.
		CENTRAL INDEX KEY:			0001467760
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				270467113
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		C/O APOLLO GLOBAL MANAGEMENT, LLC
		STREET 2:		9 WEST 57TH STREET, 43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		(212) 515-3200

	MAIL ADDRESS:	
		STREET 1:		C/O APOLLO GLOBAL MANAGEMENT, LLC
		STREET 2:		9 WEST 57TH STREET, 43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Gault Jeffrey M
		CENTRAL INDEX KEY:			0001420947

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34452
		FILM NUMBER:		141288323

	MAIL ADDRESS:	
		STREET 1:		MORGANS HOTEL GROUP CO.
		STREET 2:		475 TENTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>rrd420096.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2014-12-15</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001467760</issuerCik>
        <issuerName>Apollo Commercial Real Estate Finance, Inc.</issuerName>
        <issuerTradingSymbol>ARI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001420947</rptOwnerCik>
            <rptOwnerName>Gault Jeffrey M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>9 WEST 57TH STREET, 43RD FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>No securities are beneficially owned.</remarks>

    <ownerSignature>
        <signatureName>/s/ Jessica L. Lomm, as Attorney-in-Fact</signatureName>
        <signatureDate>2014-12-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24.
<SEQUENCE>2
<FILENAME>rrd378295_428458.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
<HTML>
<HEAD>
<TITLE>
rrd378295_428458.html
</TITLE>
</HEAD>
<BODY>
<PRE>
POWER OF ATTORNEY

FOR SEC FILINGS ON FORMS ID, 3, 4, 5 AND 144
IN RESPECT OF SECURITIES OF
APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.

The undersigned hereby constitutes and appoints each of John J. Suydam, Jessica L. Lomm, Christopher
R. Gruszczynski, Maria N. Lennox and Jay L. Bernstein, or any one of them acting alone, as his true and
lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him in his name
and stead in any and all capacities, to sign and file for and on his behalf, in respect of any acquisition,
disposition or other change in ownership of any shares of common stock, par value $0.01 per share, of
Apollo Commercial Real Estate Finance, Inc. (the "Company"), the following:

(i) 	any Form ID to be filed with the Securities and Exchange Commission (the "SEC");

(ii)	any Initial Statement of Beneficial Ownership of Securities on Form 3 to be filed with the
	SEC;

(iii)	any Statement of Changes of Beneficial Ownership of Securities on Form 4 to be filed
	with the SEC;

(iv)	any Annual Statement of Beneficial Ownership of Securities on Form 5 to be filed with
	the SEC;

(v)	any Notice of Proposed Sale of Securities on Form 144 to be filed with the SEC; and

(vi)	any and all agreements, certificates, receipts, or other documents in connection therewith.

The undersigned hereby gives full power and authority to the attorney-in-fact to seek and obtain as the
undersigned's representative and on the undersigned's behalf, information on transactions in the
Company's securities from any third party, including brokers, employee benefit plan administrators and
trustees, and the undersigned hereby authorizes any such person to release such information to the
undersigned and approves and ratifies any such release of information.

The undersigned hereby grants unto such attorney-in-fact and agent full power and authority to do and
perform each and every act and thing requisite and necessary in connection with such matters and hereby
ratifies and confirms all that any such attorney-in-fact and agent or substitute may do or cause to be done
by virtue hereof.

The undersigned acknowledges that:

(i)	neither the Company nor such attorney-in-fact assumes (i) any liability for the
	undersigned's responsibility to comply with the requirements of the Securities Exchange
	Act of 1934, as amended (the "Exchange Act"), (ii) any liability of the undersigned for
	any failure to comply with such requirements or (iii) any obligation or liability of the
	undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and

(ii)	this Power of Attorney does not relieve the undersigned from responsibility for
	compliance with the undersigned's obligations under the Exchange Act, including
	without limitation the reporting requirements under Section 16 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed
writing delivered to such attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney.

Date:  November 16, 2014	/s/ Jeffrey M. Gault
				-----------------------
				Jeffrey M. Gault


</PRE>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
