Arbor Realty Trust,Inc. (NYSE:ABR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07, Submission of Matters to a Vote of Security Holders.
Item 5.07 Submission of Matters to a Vote of Security Holders
In a non-binding advisory vote on the frequency of future advisory votes to approve the compensation paid to the Company’s named executive officers (“say-on-pay”) held at the 2017 Annual Meeting, stockholders voted in favor of holding say-on-pay votes every three years, which was also the Board of Directors’ recommendation. Accordingly, the Company will hold advisory say-on-pay votes every three years until the next required advisory vote on the frequency of such say-on-pay votes.
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).