Arbor Realty Trust Declares Preferred Stock Dividends
September 27 2024 - 3:30PM
Arbor Realty Trust, Inc. (NYSE: ABR), today announced that its
Board of Directors has declared cash dividends on the Company's
Series D, Series E, and Series F cumulative redeemable preferred
stock of $0.3984375, $0.390625, and $0.390625 per share,
respectively. The Series D, E, and F preferred stock dividends
reflect accrued dividends from July 30, 2024 through October 29,
2024. The dividends are payable on October 30, 2024 to preferred
stockholders of record on October 15, 2024.
About Arbor
Realty Trust, Inc.
Arbor Realty Trust, Inc. (NYSE: ABR) is a
nationwide real estate investment trust and direct lender,
providing loan origination and servicing for multifamily,
single-family rental (SFR) portfolios, and other diverse commercial
real estate assets. Headquartered in New York, Arbor manages a
multibillion-dollar servicing portfolio, specializing in
government-sponsored enterprise products. Arbor is a leading Fannie
Mae DUS® lender and Freddie Mac Optigo® Seller/Servicer, and an
approved FHA Multifamily Accelerated Processing (MAP) lender.
Arbor’s product platform also includes bridge, CMBS, mezzanine and
preferred equity loans. Rated by Standard and Poor’s and Fitch
Ratings, Arbor is committed to building on its reputation for
service, quality and customized solutions with an unparalleled
dedication to providing our clients excellence over the entire life
of a loan.
Safe Harbor
Statement
Certain items in this
press release may constitute forward-looking statements within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995. These statements are based on
management’s current expectations and beliefs and are subject to a
number of trends and uncertainties that could cause actual results
to differ materially from those described in the forward-looking
statements. Arbor can give no assurance that its expectations will
be attained. Factors that could cause actual results to differ
materially from Arbor’s expectations include, but are not limited
to, changes in economic conditions generally, and the real estate
markets specifically, continued ability to source new investments,
changes in interest rates and/or credit spreads, and other risks
detailed in Arbor’s Annual Report on Form 10-K for the year ended
December 31, 2023 and its other reports filed with the SEC. Such
forward-looking statements speak only as of the date of this press
release. Arbor expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in Arbor’s
expectations with regard thereto or change in events, conditions,
or circumstances on which any such statement is based.
Contact:Arbor Realty Trust,
Inc.Paul Elenio, Chief Financial Officer
516-506-4422pelenio@arbor.com |
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