Arbor Realty Trust Inc Stock Price, News & Analysis

Arbor Realty Trust (NYSE:ABR) has announced the pricing of a public offering of 5,000,000 shares of its 6.25% Series E Cumulative Redeemable Preferred Stock, amounting to gross proceeds of $125 million. This offering, which includes a 30-day option for underwriters to purchase an additional 750,000 shares, is set to close on August 11, 2021. The funds will be utilized for business investments and general corporate purposes. Raymond James & Associates is the sole book-running manager for the offering.

Arbor Realty Trust, Inc. (NYSE:ABR) has announced its plans to publicly offer Series E Cumulative Redeemable Preferred Stock. The offering includes a 30-day option for underwriters to purchase additional shares for overallotments. If approved, trading of the Series E shares is expected to commence within 30 days under the symbol 'ABR PrE'. Proceeds will be utilized for business investments and general corporate purposes. Raymond James & Associates will serve as the sole book-running manager.

Arbor Realty Trust (NYSE: ABR) reported strong second-quarter results for 2021, with a GAAP net income of $69.1 million ($0.51 per diluted share) and distributable earnings of $68.8 million ($0.45 per diluted share). The company raised its cash dividend to $0.35 per share, marking a 12.9% increase year-over-year. Arbor raised $440 million in growth capital through various offerings and completed a record $815 million collateralized securitization. The Agency Business segment generated income of $34.7 million, with loan originations of $1.31 billion.

Arbor Realty Trust (NYSE: ABR) is set to release its second quarter 2021 financial results on July 30, 2021, prior to market opening. A conference call will be held the same day at 10:00 a.m. ET to discuss the results. Investors can access a live webcast on the company’s website or join the call via telephone using specific dial-in numbers. The replay will be available until August 6, 2021.

Arbor Realty Trust, Inc. (NYSE: ABR) has declared a cash dividend of $0.25677 per share on its Series D cumulative redeemable preferred stock, reflecting dividends accrued from June 2 to July 29, 2021. This dividend is payable on July 30, 2021 to stockholders of record as of July 15, 2021. Arbor Realty Trust is a prominent real estate investment trust engaged in loan origination and servicing for multifamily and commercial real estate assets.

Arbor Realty Trust, Inc. (NYSE:ABR) announced the successful closing of a $450 million multifamily mortgage loan securitization on June 25, 2021. This securitization, the second under its program, comprises 32 fixed-rate mortgage loans linked to 50 multifamily properties. The offering, managed by Arbor Private Label, LLC, includes investment-grade rated pass-through certificates. Arbor retains approximately $38.2 million in subordinated certificates to meet credit risk retention requirements. This move enhances Arbor's position in the multifamily lending market.

Arbor Realty Trust, Inc. (NYSE: ABR) has priced a public offering of 6,000,000 shares of its common stock, aiming for gross proceeds of $111.9 million before expenses. The offering, set to close on June 17, 2021, includes a 30-day option for underwriters to purchase an additional 900,000 shares. Proceeds will be used for business investments and general corporate purposes, including purchasing 600,000 shares from its CEO and related entities. The offering is made under an effective registration statement with the SEC.

Arbor Realty Trust (NYSE: ABR) has announced a public offering of 6,000,000 shares of its common stock, with a potential grant of an additional 900,000 shares to underwriters. The funds raised will be allocated for business investments and general corporate purposes, including the purchase of 600,000 shares from its CEO. The offering will be executed under an effective shelf registration statement with the SEC. J.P. Morgan, JMP Securities, and Raymond James are managing the offering.

Arbor Realty Trust, Inc. (NYSE: ABR) announced the closing of an $815 million commercial real estate mortgage loan securitization. Approximately $674 million of investment grade-rated notes were issued, while Arbor retained subordinate interests totaling $141 million. The collateral includes $162 million for acquiring additional loans over the next 180 days. The notes feature a weighted average spread of 137 basis points over one-month LIBOR, with a replenishment period of two-and-a-half years. The proceeds will be used to repay borrowings and fund future loans.