Arbor Realty SR Closes Offering of $95M of Senior Unsecured Notes due 2026

UNIONDALE, N.Y., March 17, 2023 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE: ABR) announced today that its subsidiary, Arbor Realty SR, Inc., has closed the private placement of $95 million aggregate principal amount of 7.75% senior unsecured notes due March 30, 2026 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior basis by the Parent.

The Company expects to use the net proceeds of this offering to redeem the Parent’s outstanding $70.75 million aggregate principal amount of 8.00% senior unsecured notes due April 2023 and use any remaining proceeds from this offering for general corporate purposes.

Piper Sandler & Co. acted as placement agent for this offering.

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.