Arbor Realty Trust Inc Stock Price, News & Analysis

Arbor Realty Trust (NYSE: ABR) announced the tax treatment of its 2021 dividend distributions for both common and preferred shares. All distributions for the common stock are classified as dividend income. The total distribution for common shares in 2021 was $1.38 per share. The 8.25% Series A, 7.75% Series B, 8.50% Series C, 6.375% Series D, and 6.25% Series E preferred stocks had total distributions of $1.163021, $1.092535, $1.198264, $0.6552075, and $0.34288 respectively. No excess inclusion income will pass through to shareholders, and K-1s will not be issued.

Arbor Realty Trust (NYSE: ABR) announced cash dividends for its Series D, E, and F cumulative redeemable preferred stock, amounting to $0.3984375, $0.390625, and $0.46875 per share, respectively. These dividends, reflecting accrued amounts from October 30, 2021, to January 29, 2022, and from the Series F issuance date, are payable on January 31, 2022, to stockholders of record as of January 15, 2022. Arbor Realty Trust is a nationwide REIT focused on multifamily and commercial real estate lending.

Arbor Realty Trust, Inc. (NYSE:ABR) announced a successful $180 million private placement of 5.00% senior unsecured notes due by December 30, 2028, through its subsidiary Arbor Realty SR, Inc. The funds will be used for business investments and general corporate purposes. The placement was arranged by Piper Sandler & Co. The notes are exempt from registration under the Securities Act of 1933, ensuring they can't be sold in the U.S. without compliance. Arbor Realty is a leader in real estate investment, focusing on multifamily and commercial assets.

On December 13, 2021, Arbor Realty Trust (NYSE: ABR) completed a $2.10 billion commercial real estate mortgage loan securitization. The transaction included approximately $1.71 billion of investment grade-rated notes and Arbor retained subordinate interests of about $386 million. The Notes have an initial weighted average spread of 1.68% over one-month LIBOR. Arbor plans to use the proceeds to repay existing borrowings and fund future loans. The securitized assets consist mainly of first mortgage bridge loans, indicating Arbor's strong position in the real estate financing market.

Arbor Realty Trust, Inc. (NYSE: ABR) has priced a public offering of 7,500,000 shares of common stock, aiming for gross proceeds of approximately $147.8 million before expenses. The offering is expected to close on November 4, 2021. Additionally, underwriters have a 30-day option to purchase another 1,125,000 shares. Proceeds will be allocated for business investments and general corporate purposes, including purchasing shares from key executives. J.P. Morgan, JMP Securities, and Raymond James are managing the offering.

Arbor Realty Trust plans a public offering of 7,500,000 shares of common stock, with a 30-day option for underwriters to buy an additional 1,125,000 shares. The proceeds will be used for business investments and general corporate purposes, including purchasing 462,500 shares from its CEO and smaller amounts from executives. J.P. Morgan, JMP Securities, and Raymond James are managing the offering, which will be conducted under an effective shelf registration statement with the SEC.

Arbor Realty Trust, Inc. (NYSE: ABR) reported third-quarter net income of $72.8 million, or $0.51 per diluted share, down from $82.0 million a year prior. Distributable earnings increased to $75.7 million, or $0.47 per share. The cash dividend was raised to $0.36 per share, marking the sixth consecutive quarterly increase. The structured business segment generated $48.1 million in income, with loan originations reaching $2.47 billion. The company raised $414 million in growth capital through notes and preferred stock offerings, further enhancing its capital base for strategic investments.

Arbor Realty Trust (NYSE: ABR) will release its third quarter 2021 financial results on October 29, 2021, before markets open. A conference call to discuss these results will take place at 10:00 a.m. ET the same day. Interested parties can access the live webcast at Arbor's investor relations website or join via telephone using the provided dial-in numbers.

The replay of the call will be available until November 5, 2021, ensuring stakeholders have access to the information.

On October 13, 2021, Arbor Realty Trust (NYSE:ABR) completed a multifamily mortgage loan securitization totaling approximately $535 million. This securitization is backed by 30 fixed-rate mortgage loans secured by first-priority liens on 48 multifamily properties. Arbor Private Label, LLC, originated the loans and is the primary servicer through Arbor Multifamily Lending, LLC. The certificates issued have received investment-grade ratings from Fitch Ratings and DBRS. Arbor retains $47.5 million in subordinate certificates for credit risk retention.