Aging Baby Boomers Reshape the Housing Market

While the 2008 financial crisis prompted a cyclical shift in U.S. housing — impacting everything from home prices to who can qualify for a mortgage — an equally impactful demographic change was just taking shape. The unprecedented wave of Baby Boomers that began retiring would disrupt the balance of the housing market.


Secondary and Tertiary Markets Gain Ground on Primary Cities

As secondary and tertiary markets continue to gain parity with larger primary cities around the nation, they offer investors a significant potential for return on investment, even as the U.S. and global economic landscapes face notable headwinds.


Small Multifamily Investment Snapshot — Q4 2022

The small multifamily sub-sector ended 2022 on a high note with originations falling just behind 2021’s peak. As economic storm clouds continue circling, small multifamily appears fortified from any reverberations that may result.

Press Releases

Arbor Realty Trust Reacts to Ningi Research Report

UNIONDALE, N.Y., March 14, 2023  (GLOBE NEWSWIRE) – Arbor Realty Trust (NYSE: ABR), announced today that the Company is in receipt of the purported “research” report that was published earlier today by Ningi Research, a short seller of Arbor stock. The report lacks merit and contains numerous inaccuracies, misstatements, and otherwise misleading allegations. This false Read the full article…


Arbor’s Leah Fisher Joins Global Sustainability Panel at InnovateESG

Arbor Senior Vice President, Special Projects, Governance and Risk, Leah Fisher recently spoke on a thought-provoking panel discussion at InnovateESG 2023, a conference focused on environmental, social, and governance missions, hosted by NYU Stern’s Chen Institute for Global Real Estate Finance.


Single-Family Rental Investment Snapshot — Q4 2022

SFR will maintain exposure to the cyclical disruption brought on by the housing market’s softness and rising interest rates, even though its structural growth outlook remains positive and unchanged.


Arbor Realty Trust Closes Collateralized Loan Obligation

Uniondale, NY (9/24/12) – Arbor Realty Trust today announced the closing of a $125-million collateralized loan obligation (CLO) issued by two newly-formed subsidiaries of Arbor. An aggregate of $87.5 million of investment grade-rated debt was issued, and Arbor retained an equity interest in the portfolio with a notional amount of $37.5 million.

The notes have an initial weighted average spread of approximately 339 basis points over one-month LIBOR, excluding fees and transaction costs. The facility has a two-year replenishment period that allows the principal proceeds from repayments of the collateral assets to be reinvested in qualifying replacement assets, subject to certain conditions. The closing of this transaction provides Arbor with approximately $32 million of liquidity and approximately $42 million of capacity in short-term credit facilities due to the transfer of certain assets into the CLO.

“We are extremely pleased to be the first commercial mortgage REIT in our space to successfully access the securitization market with the closing of this type of non-recourse debt vehicle,” said Ivan Kaufman, Arbor’s Chairman and Chief Executive Officer. “We believe the completion of this transaction is evidence of our strong reputation in the market and our ability to originate high quality assets. This is a crucial step in the growth of our franchise and has positioned us very favorably going forward. Our focus continues to be to originate attractive investment opportunities, to grow our portfolio and appropriately lever these investments, increasing the returns on our equity. In addition to increasing our leverage and further strengthening our funding sources, the closing of this transaction also provides us with approximately $74 million of liquidity, in cash and capacity in our financing facilities, to fund future growth.”

The offering of the notes evidencing the collateralized loan obligations was made pursuant to a private placement. The notes were issued under a common indenture and, initially, are secured by a portfolio of real estate-related assets and cash with a face value of approximately $125 million, with real estate-related assets consisting almost entirely of first mortgage bridge loans.

Arbor intends to own the portfolio of real estate-related assets until its maturity and expects to account for this transaction on its balance sheet as a financing. Arbor will use the proceeds of this offering to repay borrowings under its current credit facilities, pay transaction expenses and to fund future loans and investments.

Sandler O’Neill + Partners, L.P. acted as placement agent for this transaction. The CLO notes were rated by Moody’s Investors Service.