UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 28, 2026, Mr. Jess Lipsey, the Chief Executive Officer, President and one of the directors of Apollo Realty Income Solutions, Inc. (the “Company”), informed the Company of his resignation from the positions of Chief Executive Officer and President and as a member of the Board of Directors (the “Board”) of the Company, effective as of September 30, 2026 (the “Effective Date”) to pursue other opportunities. The decision of Mr. Lipsey to resign from the Company and the Board was not the result of any dispute or disagreements with the Company or ARIS Management, LLC, a Delaware limited liability company and a subsidiary of Apollo Global Management, Inc. (the “Adviser”, and together with Apollo Global Management, Inc. and its other subsidiaries, “Apollo”), on any matter relating to the operations, policies or practices of the Company, the Adviser, or their affiliates.
On September 28, 2026, the Board appointed Hubert (Bert) Crouch to the positions of Chief Executive Officer and President of the Company and elected Mr. Crouch to the Board, each effective as of the Effective Date.
Bert Crouch, 47, is a Partner at Apollo and a member of Apollo’s leadership team. He serves as the head of Apollo’s real estate equity franchise encompassing Bridge Investment Group, the real estate platform acquired by Apollo in 2025, as well as Apollo’s legacy strategies. Mr. Crouch joined Apollo from Invesco Real Estate, where he most recently served as head of North America since 2020, chief executive officer of Invesco Commercial Real Estate Finance Trust, Inc. since its launch in 2023, and lead portfolio manager of various opportunistic and credit funds dating back to 2010. He was also a member of Invesco Real Estate’s Global Executive Committee and Invesco Private Markets’ Executive Committee. Prior to joining Invesco in 2010, Mr. Crouch served as the director of acquisitions for Presidio Investments, a wholly owned subsidiary of Hunt Realty Investments, where he led the execution of the firm’s investment strategy focused on the acquisition of secondary commercial mortgages and investments in public real estate securities. Before joining Presidio Investments, Mr. Crouch worked in the New York office of Wells Fargo’s Real Estate Merchant Banking group, where he originated and acquired highly structured commercial mortgage products. Mr. Crouch earned a Bachelor of Business Administration in finance, with honors, from the McCombs School of Business at the University of Texas at Austin. Mr. Crouch will enter into an indemnification agreement with the Company in substantially the same form that the Company has entered into with its directors and other executive officers.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Apollo Realty Income Solutions, Inc. | ||
| By: | /s/ Anastasia Mironova | |
| Name: Anastasia Mironova | ||
| Title: Chief Financial Officer, Treasurer and Secretary | ||
Date: September 29, 2026