Arbor Realty Trust (ABR) Tops Q2 FFO by 2c
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Arbor Realty Trust Reports Second Quarter 2015 Results and Declares Common Stock Dividend
July 31, 2015 8:00 AM EDTSecond Quarter Highlights:
Net income of $10.5 million, or $0.21 per diluted common share AFFO of $12.7 million, or $0.25 per diluted common share1 Recorded $6.7 million of income from the payoff of a $116 million defaulted first mortgage acquired in the first quarter of 2015 Earned $1.5 million of income from residential mortgage equity investments Originated $233 million of new loans Improved funding sources by reducing pricing, increasing capacity and extending the maturities of existing facilities... More