Arbor Realty Trust Inc Stock Price, News & Analysis

Arbor Realty Trust, Inc. (NYSE: ABR) announced the successful completion of a $1.05 billion commercial real estate mortgage loan securitization. This securitization includes approximately $873 million in investment grade-rated notes and Arbor's retention of $177 million in subordinate interests. The collateral encompasses $73 million for potential additional loans within 180 days. The notes feature an initial weighted average spread of 2.36% over Term SOFR, with a two-year replenishment period. Proceeds will be utilized to repay existing borrowings and fund future investments.

Arbor Realty Trust (NYSE: ABR) reported a GAAP net income of $64.1 million ($0.40 per diluted share) for Q1 2022, down from $69.5 million ($0.55 per diluted share) in Q1 2021. Distributable earnings rose to $92.9 million ($0.55 per diluted share), up from $75.1 million ($0.52) a year earlier. The company declared a cash dividend of $0.38 per share, an eighth consecutive increase, representing a 27% rise since 2021. Notably, Arbor raised $215 million in capital and achieved a 17% growth in its structured portfolio, with $2.83 billion in loan originations.

Arbor Realty Trust (NYSE: ABR) will announce its first quarter 2022 financial results on May 6, 2022, before market opening. A conference call will follow at 10:00 a.m. ET to discuss the results, available via live webcast at Arbor's investor relations site. Domestic callers can join by dialing (866) 518-6930, with international callers using (203) 518-9797 and a passcode of ABRQ122. A replay of the call will be accessible until May 13, 2022.

Arbor Realty Trust (NYSE: ABR) has declared cash dividends for its Series D, E, and F cumulative redeemable preferred stock. The dividends are set at $0.3984375 for Series D and $0.390625 for both Series E and F. These dividends cover the period from January 30 to April 29, 2022, and will be paid on May 2, 2022, to stockholders of record as of April 15, 2022.

Arbor Realty Trust, Inc. (NYSE: ABR) has announced the pricing of its public offering of 6,500,000 shares of common stock, raising approximately $108.9 million before underwriting discounts and expenses. This offering was upsized from an initial plan for 6,000,000 shares. The company has granted underwriters a 30-day option to purchase an additional 975,000 shares. Proceeds will be used for investments and general corporate purposes. The offering is expected to close on March 22, 2022.

On March 17, 2022, Arbor Realty Trust, Inc. (NYSE: ABR) announced a public offering of 6,000,000 shares of common stock, with an option for underwriters to purchase an additional 900,000 shares. The net proceeds will be utilized for business investments and general corporate purposes. J.P. Morgan, JMP Securities, and Raymond James are the joint book-running managers for this offering. This offering is being conducted under an effective shelf registration statement with the SEC.

Arbor Realty Trust (NYSE: ABR) reported robust financial results for Q4 2021 and the full year, highlighting a GAAP net income of $0.71 per diluted share, up from $0.80 in Q4 2020. The company raised its cash dividend to $0.37 per share, marking the seventh consecutive quarterly increase. With record loan originations of $4.32 billion and a total annual originations of $16.13 billion, Arbor achieved a 15% increase in distributable earnings to $2.01 per diluted share for the year. They successfully raised $533 million in capital and closed significant securitizations, reflecting strong growth prospects.

On February 14, 2022, Arbor Realty Trust announced the successful closing of a multifamily mortgage loan securitization valued at approximately $489 million. This Securitization, the fourth in Arbor's multifamily mortgage loan program, is backed by 30 fixed-rate mortgage loans secured by first priority liens on 40 multifamily properties. Investment-grade ratings were assigned to the Certificates by Fitch Ratings and DBRS. Arbor Multifamily Lending will serve as the primary servicer, and Arbor will retain a subordinate class of Certificates valued at around $43.4 million.

Arbor Realty Trust, Inc. (NYSE: ABR) announced the successful closing of a $2.05 billion commercial real estate mortgage loan securitization. The securitization involved the issuance of approximately $1.65 billion in investment grade-rated notes, with Arbor retaining subordinate interests of about $397 million. The notes feature a weighted average spread of 1.81% over Compounded SOFR and have a replenishment period of approximately 2.5 years. Proceeds will be used to repay borrowings, cover transaction expenses, and fund new loans.