Apollo Realty Income Solutions CEO Resigns; New CEO Appointed

What Happened Apollo Realty Income Solutions, Inc. filed a Form 8-K (Sept 29, 2026) reporting that CEO, President and director Jess Lipsey informed the company on Sept 28, 2026 that he will resign from those roles effective Sept 30, 2026 to pursue other opportunities. The company’s Board has appointed Hubert (Bert) Crouch as Chief Executive Officer and President and elected him to the Board, each effective Sept 30, 2026. The filing states Lipsey’s departure was not due to any dispute or disagreement with the company or its adviser.

Key Details

• Resignation notice given: Sept 28, 2026; effective date: Sept 30, 2026.
• Successor: Hubert (Bert) Crouch, age 47, a Partner at Apollo and head of Apollo’s real estate equity franchise (including Bridge Investment Group acquired in 2025).
• Background: Crouch joined Apollo from Invesco Real Estate (head of North America since 2020; CEO of Invesco Commercial Real Estate Finance Trust, Inc. since 2023) and has prior experience at Presidio Investments and Wells Fargo Real Estate Merchant Banking.
• Administration: Mr. Crouch will enter into the company’s standard indemnification agreement for directors/executive officers.

Why It Matters A change in the CEO and a new board member are material governance events that can affect company strategy and investor oversight. The successor, Bert Crouch, brings significant real estate leadership within Apollo and industry experience at Invesco, which may influence the company’s operating and investment approach. The filing provides no indication of dispute or operational concerns tied to the resignation.