Arbor Reiterates its Confidence in its Financials and Business Practices
15 Julio 2024 - 8:00AM
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
Arbor Realty (NYSE:ABR)
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