ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ABR Arbor Realty Trust Inc

13.2297
-0.1303 (-0.98%)
Pre Market
Last Updated: 14:21:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arbor Realty Trust Inc NYSE:ABR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.1303 -0.98% 13.2297 31,380 14:21:03

Arbor Reiterates its Confidence in its Financials and Business Practices

15/07/2024 2:00pm

GlobeNewswire Inc.


Arbor Realty (NYSE:ABR)
Intraday Stock Chart


Tuesday 16 July 2024

Click Here for more Arbor Realty Charts.

Following recent news reports, Arbor Realty Trust, Inc. (NYSE: ABR) is issuing this announcement to reiterate that its financials and business practices have been and are compliant with all of its accounting and regulatory obligations.  As it has throughout its history, Arbor continues to conduct its business operations and practices in the best interest of its shareholders and consistent with its obligations to its broader stakeholders.  Arbor complies with all notice and disclosure obligations and other terms of its CLO agreements.  Arbor also complies with all of its disclosure and reporting obligations, including those relating to its second quarter activities. 

Arbor’s annual financial statements are audited by an independent auditor and its quarterly reports are also reviewed by its external auditor. Arbor stands behind its accounting, as well as its originating and investing practices.  Further, Arbor’s policy and practice is to cooperate with its regulators.  Arbor looks forward to discussing its second quarter performance in its upcoming earnings call in early August.

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, 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 Officer516-506-4422pelenio@arbor.com

1 Year Arbor Realty Chart

1 Year Arbor Realty Chart

1 Month Arbor Realty Chart

1 Month Arbor Realty Chart