Arbor Realty Trust, Inc. (NYSE:ABR) Files An 8-K Results of Operations and Financial ConditionItem 2.02
On August 4, 2017, Arbor Realty Trust, Inc. issued a press release announcing its earnings for the quarter ended June 30, 2017, a copy of which is attached hereto as Exhibit 99.1.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit Number | Exhibit |
99.1 | Press Release, dated August 4, 2017. |
ARBOR REALTY TRUST INC ExhibitEX-99.1 2 exh_991.htm EXHIBIT 99.1 Exhibit 99.1 Arbor Realty Trust Reports Second Quarter 2017 Results and Declares Common Stock Dividend Company Highlights: – GAAP net income of $0.21 and AFFO of $0.22 per diluted common share1 – Raised $76.2 million of capital in a common stock offering – Completed the full internalization of our management team – Declares a cash dividend on common stock of $0.18 per share Agency Business – Segment income of $13.5 million – Loan originations of $1.02 billion – Servicing portfolio of $15.02 billion at June 30,…To view the full exhibit click here
About Arbor Realty Trust, Inc. (NYSE:ABR)
Arbor Realty Trust, Inc. is a specialized real estate finance company that invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The Company operates in the portfolio segment of commercial mortgage loans and investments. The Company invests primarily in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. The Company may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. Its principal business objective is to maximize the difference between the yield on its investments and the cost of financing these investments to generate cash available for distribution, facilitate capital appreciation and maximize total return to its stockholders. The Company is externally managed and advised by Arbor Commercial Mortgage, LLC (ACM or its Manager).