Arbor Realty Trust (ABR) Reports In-Line Q4 FFO of 14c/Share
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Arbor Realty Trust (ABR) Declares $0.15 Quarterly Dividend; 9.4% Yield
February 26, 2016 9:29 AM ESTArbor Realty Trust (NYSE: ABR) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.
The dividend will be payable on March 15, 2016, to stockholders of record on March 10, 2016, with an ex-dividend date of March 8, 2016.
The annual yield on the dividend is 9.4... More
Arbor Realty Trust (ABR) to Acquire Arbor Commercial's Agency Platform in $250M Deal
February 25, 2016 4:29 PM ESTArbor Realty Trust, Inc. (NYSE: ABR) announced today that it has entered into a definitive agreement to acquire the agency platform (the Acquired Businesses) of Arbor Commercial Mortgage LLC (Arbor Commercial Mortgage or ACM) for $250 million. The purchase price is to be paid 50% in stock and 50% in cash with the stock component to be paid with 19.23 million Operating Partnership Units, which was based on a stock price of $6.50 per share. The purchase price is subject to potential adjustment based on changes in the value of the acquired servicing portfolio on the closing date. The Company... More
