Arbor Realty Trust, Inc. Announces Public Offering of Common Stock

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Arbor Realty Trust (ABR) Prices 5.5M Common Stock Offering for Proceeds of $48.7M

May 16, 2018 8:56 AM EDT

Arbor Realty Trust, Inc. (the Company) (NYSE: ABR) announced today that it priced its public offering of 5,500,000 shares of common stock for total expected gross proceeds of approximately $48.7 million before underwriting discounts and commissions and expenses.

The Company has also granted the underwriters a 30-day option to purchase up to an additional... More