<SEC-DOCUMENT>0001140361-15-036033.txt : 20150928
<SEC-HEADER>0001140361-15-036033.hdr.sgml : 20150928
<ACCEPTANCE-DATETIME>20150928200012
ACCESSION NUMBER:		0001140361-15-036033
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150918
FILED AS OF DATE:		20150928
DATE AS OF CHANGE:		20150928

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:			QH RE Asset Co LLC
		CENTRAL INDEX KEY:			0001654220

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34452
		FILM NUMBER:		151128663

	BUSINESS ADDRESS:	
		STREET 1:		Q-TEL TOWER, DIPLOMATIC AREA STREET
		STREET 2:		WEST BAY, P.O. BOX: 23224
		CITY:			DOHA
		STATE:			S3
		ZIP:			QATAR
		BUSINESS PHONE:		974-4499-5893

	MAIL ADDRESS:	
		STREET 1:		Q-TEL TOWER, DIPLOMATIC AREA STREET
		STREET 2:		WEST BAY, P.O. BOX: 23224
		CITY:			DOHA
		STATE:			S3
		ZIP:			QATAR

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Qatar Investment Authority
		CENTRAL INDEX KEY:			0001441449
		STATE OF INCORPORATION:			S3

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34452
		FILM NUMBER:		151128664

	BUSINESS ADDRESS:	
		STREET 1:		Q-TEL TOWER
		STREET 2:		P.O. BOX 23223
		CITY:			DOHA
		STATE:			S3
		ZIP:			QATAR
		BUSINESS PHONE:		974 441 4466

	MAIL ADDRESS:	
		STREET 1:		Q-TEL TOWER
		STREET 2:		P.O. BOX 23223
		CITY:			DOHA
		STATE:			S3
		ZIP:			QATAR
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2015-09-18</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001441449</rptOwnerCik>
            <rptOwnerName>Qatar Investment Authority</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 23224 Q-TEL TOWER, 8TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2>DIPLOMATIC AREA STREET, WEST BAY</rptOwnerStreet2>
            <rptOwnerCity>DOHA</rptOwnerCity>
            <rptOwnerState>S3</rptOwnerState>
            <rptOwnerZipCode>QATAR</rptOwnerZipCode>
            <rptOwnerStateDescription>QATAR</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001654220</rptOwnerCik>
            <rptOwnerName>QH RE Asset Co LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>Q-TEL TOWER, DIPLOMATIC AREA STREET</rptOwnerStreet1>
            <rptOwnerStreet2>WEST BAY, P.O. BOX: 23224</rptOwnerStreet2>
            <rptOwnerCity>DOHA</rptOwnerCity>
            <rptOwnerState>S3</rptOwnerState>
            <rptOwnerZipCode>QATAR</rptOwnerZipCode>
            <rptOwnerStateDescription>QATAR</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8823529</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">The Common Stock is directly held by QH RE Asset Company LLC, a wholly-owned subsidiary of Qatar Investment Authority. The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Ahmad Al-Khanji</signatureName>
        <signatureDate>2015-09-28</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Ian R. Kellow, Head of Compliance, Qatar Investment Authority</signatureName>
        <signatureDate>2015-09-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
