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Arbor Realty Trust, Inc. (NYSE: ABR) is a premier nationwide real estate investment trust (REIT) and direct lender headquartered in Uniondale, New York. For over 20 years, Arbor has specialized in loan origination and servicing for multifamily, seniors housing, healthcare, and diverse commercial real estate assets. Founded by Ivan Kaufman, Arbor operates two distinct segments, Structured Business and Agency Business, with a robust portfolio that includes bridge, mezzanine, CMBS, and preferred equity loans.
Arbor is renowned for its strong partnerships and comprehensive product offerings. The company is a top-tier Fannie Mae DUS® multifamily lender, Freddie Mac Optigo® Seller/Servicer, and an approved FHA Multifamily Accelerated Processing (MAP) lender. In addition to its financing capabilities, Arbor directly acquires real property and invests in real estate-related notes and certain mortgage-related securities.
With a multibillion-dollar servicing portfolio, Arbor leverages its extensive expertise and commitment to client success to maintain top industry ratings by Standard & Poor’s and Fitch. Arbor's business model is built on long-term client relationships and a relentless pursuit of excellence, which is evident in its consistent financial performance. In June 2023, Arbor was added to the S&P SmallCap 600® index, further solidifying its market position.
Recent achievements include the expansion of office locations in Boston and the Buffalo area, a series of dividend increases, and strategic loan originations. Arbor's diversified and annuity-based operating platform continues to generate strong distributable earnings and dividends, making it an attractive investment opportunity. Arbor's commitment to innovation and excellence is underscored by its Positive Outlook rating from Fitch Ratings, reflecting the company's trajectory and robust servicing portfolio growth.
As of the latest financial reports, Arbor has demonstrated strong liquidity with approximately $1 billion in cash and liquidity and continues to expand its servicing portfolio, which has grown to approximately $31.38 billion by the first quarter of 2024. Arbor's proactive approach to loan modifications and strategic repurchase programs further exemplifies its adaptive strategies in a dynamic market environment.
Arbor Realty Trust (NYSE: ABR) reported strong financial results for Q1 2021, with a GAAP net income of $69.5 million ($0.55 per diluted share) versus a loss of $59.3 million last year. Distributable earnings rose to $75.1 million ($0.52 per share), reflecting robust performance across its diversified business platform. The company raised its cash dividend by 13.3% to $0.34 per share, marking the fourth consecutive quarterly increase. Total loan originations reached $1.4 billion, contributing to a servicing portfolio of $25.46 billion. Overall, Arbor continues to position itself for future growth.
Arbor Realty Trust, Inc. (NYSE:ABR) announced the issuance of $175 million in senior unsecured notes with a 5.00% interest rate, maturing on April 30, 2026. The net proceeds will be allocated for business investments and general corporate purposes. Piper Sandler & Co. facilitated this private placement. The notes are exempt from registration under the Securities Act of 1933. Arbor focuses on real estate investment, specializing in multifamily housing and various commercial real estate assets.
Arbor Realty Trust (NYSE: ABR) announced cash dividends for its Series A, B, and C cumulative redeemable preferred stock. The dividends, reflecting accrued amounts from March 1 to May 31, 2021, total $0.515625, $0.484375, and $0.53125 per share, respectively. Payments will be made on June 1, 2021, to shareholders on record as of May 15, 2021. This signifies the company’s commitment to returning value to shareholders amidst ongoing market conditions.
Arbor Realty Trust, Inc. (NYSE: ABR) will release its first-quarter 2021 financial results before the market opens on May 7, 2021. A conference call to discuss these results is scheduled for the same day at 10:00 a.m. Eastern Time. Interested parties can listen via a live webcast on Arbor's investor relations website or by dialing in. The replay of the call will be available until May 14, 2021. Arbor specializes in real estate investment and loan origination for various commercial assets, managing a multibillion-dollar servicing portfolio.
Arbor Realty Trust (NYSE: ABR) has priced a public offering of 7,000,000 shares of common stock, aiming for gross proceeds of approximately $109.6 million. The offering, set to close on March 30, 2021, includes a 30-day option for underwriters to purchase an additional 1,050,000 shares. Proceeds will be used for business investments and general corporate purposes, including purchasing shares from executives. J.P. Morgan, JMP Securities, and Raymond James are managing the offering.
Arbor Realty Trust (NYSE: ABR) announced a public offering of 7,000,000 shares of its common stock, with underwriters granted a 30-day option to purchase an additional 1,050,000 shares. The proceeds will be used for investments and general corporate purposes, including buying shares from its executives. The offering is part of an effective automatic shelf registration with the SEC, and no securities will be sold unlawfully prior to registration. J.P. Morgan, JMP Securities, and Raymond James are managing the offering.
Arbor Realty Trust, Inc. (NYSE: ABR) has successfully closed a $785 million commercial real estate mortgage securitization. This is the company’s fourteenth collateralized securitization vehicle. An aggregate of approximately $655 million of investment grade-rated notes were issued, with Arbor retaining $130 million in subordinate interests. The securitization includes $150 million capacity to acquire additional loans within 180 days. Proceeds will be used to repay borrowings, cover transaction expenses, and fund future loans.
Arbor Realty Trust (NYSE:ABR) reported strong financial results for Q4 2020, demonstrating robust earnings and an increased dividend. The company posted a GAAP net income of $96.6 million ($0.80 per share) and distributable earnings of $67.4 million ($0.49 per share). Notably, Arbor raised its cash dividend to $0.33, marking its third consecutive quarterly increase. The Agency Business segment saw record loan originations of $2.75 billion, an 87% increase from the previous quarter, contributing to a successful financial year with total originations of $9.15 billion.
Arbor Realty Trust (NYSE: ABR) will release its fourth quarter 2020 financial results on February 19, 2021, before market opening. The Company will hold a conference call at 10:00 a.m. ET on the same day to discuss the results. Interested parties can access the live webcast on Arbor's website, while telephonic access is available via dial-in numbers provided for domestic and international callers. A replay of the call will be available until February 26, 2021.
Arbor Realty Trust, Inc. (NYSE: ABR) has declared cash dividends for its Series A, Series B, and Series C cumulative redeemable preferred stock, totaling $0.515625, $0.484375, and $0.53125 per share, respectively. These dividends reflect accrued amounts from December 1, 2020 to February 28, 2021, and are payable on March 1, 2021 to preferred stockholders of record as of February 15, 2021.
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