{"id":3049,"date":"2021-06-16T20:52:22","date_gmt":"2021-06-17T01:52:22","guid":{"rendered":"https:\/\/1reason.com\/re\/arbor-realty-trust-inc-announces-redemptions-of-outstanding-cumulative-redeemable-preferred-stock\/3049\/"},"modified":"2021-06-17T15:52:22","modified_gmt":"2021-06-17T20:52:22","slug":"arbor-realty-trust-inc-announces-redemptions-of-outstanding-cumulative-redeemable-preferred-stock","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/arbor-realty-trust-inc-announces-redemptions-of-outstanding-cumulative-redeemable-preferred-stock\/3049\/","title":{"rendered":"Arbor Realty Trust, Inc. Announces Redemptions of Outstanding\u00a0Cumulative Redeemable Preferred Stock"},"content":{"rendered":"<div> The Series A Preferred Stock, the Series B Preferred Stock and the Series C Preferred Stock trade under ticker symbols \u201cABR PA,\u201d \u201cABR PB\u201d and \u201cABR PC,\u201d respectively.  <\/p>\n<p align=\"start\">Notices of Redemption for each series of Outstanding Preferred Stock, describing the redemption procedures, were sent to holders of each series of Outstanding Preferred Stock on May 25, 2021. Additional information related to the procedures for the redemptions, including copies of the Notices of Redemption may be obtained from American Stock Transfer &amp; Trust Company, LLC by calling (877) 248-6417 or by emailing help@astfinancial.com.<\/p>\n<p align=\"start\"><strong><u>About Arbor Realty Trust, Inc.<\/u><\/strong><\/p>\n<p align=\"start\">Arbor Realty Trust, Inc. (NYSE:<a href=\"https:\/\/globenewswire.com\/News\/Listing?symbol=ABR&amp;exchange=4\">ABR<\/a>) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, seniors housing, healthcare 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 Fannie Mae DUS\u00ae lender and Freddie Mac Optigo Seller\/Servicer. Arbor\u2019s product platform also includes CMBS, bridge, mezzanine and preferred equity lending.<\/p>\n<p align=\"start\"><strong><u>Safe Harbor Statement<\/u><\/strong><\/p>\n<p align=\"start\">Certain items in this press release may constitute forward-looking statements within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management\u2019s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The Company can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company\u2019s expectations include, but are not limited to, market conditions, changes in economic conditions generally, and the real estate markets specifically, in particular, due to the uncertainties created by the COVID-19 pandemic, continued ability to source new investments, changes in interest rates and\/or credit spreads, and other risks detailed in the the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2020 and its other reports filed with the Securities and Exchange Commission. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company\u2019s expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.<\/p>\n<table class=\"gnw_table_border_collapse hugin\" style=\"width:100%;border-collapse:collapse !important\">\n<tr>\n<td class=\"gnw_align_left hugin gnw_vertical_align_top\" style=\"max-width:50%;width:50%;min-width:50%\">Contact: <br \/> Arbor Realty Trust, Inc.<br \/> Paul Elenio, Chief Financial Officer<br \/> 516-506-4422 <br \/> <a href=\"mailto:pelenio@arbor.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"\"><u>pelenio@arbor.com<\/u><\/a> <\/p>\n<\/td>\n<td class=\"gnw_align_left hugin gnw_vertical_align_top\" style=\"max-width:50%;width:50%;min-width:50%\">Investors: <br \/> The Ruth Group <br \/> Daniel Kontoh-Boateng\/James Salierno <br \/> 646-536-7019\/7028 <br \/> <u><a href=\"mailto:dboateng@theruthgroup.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"dboateng@theruthgroup.com\">dboateng@theruthgroup.com<\/a><\/u><br \/> <u><a href=\"mailto:jsalierno@theruthgroup.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"jsalierno@theruthgroup.com\">jsalierno@theruthgroup.com<\/a><\/u><\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_left hugin gnw_vertical_align_top\" \/>\n<td class=\"gnw_align_left hugin gnw_vertical_align_top\" \/><\/tr>\n<\/table>\n<p><img loading=\"lazy\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" width=\"1\" height=\"1\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/release\/track\/fa4b2764-1e28-437c-9813-dbe1e88abe15\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">UNIONDALE, N.Y., May 26, 2021 (GLOBE NEWSWIRE) &#8212; Arbor Realty Trust, Inc. (the \u201cCompany\u201d) (NYSE:ABR) announced today that it will redeem all of the outstanding (i) 1,551,500 shares of its 8.250% Series A Cumulative Redeemable Preferred Stock (the \u201cSeries A Preferred Stock\u201d), (ii) 1,260,000 shares of its 7.75% Series B Cumulative Redeemable Preferred Stock (the \u201cSeries B Preferred Stock\u201d), and (iii) 900,000 shares of its 8.50% Series C Cumulative Redeemable Preferred Stock (the \u201cSeries C Preferred Stock\u201d and, together with the Series A Preferred Stock and the Series B Preferred Stock, the \u201cOutstanding Preferred Stock\u201d), at redemption prices equal to $25.00 per share of Outstanding Preferred Stock, plus any accumulated and unpaid dividends thereon to, but not including, June 24, 2021 (the \u201cRedemption Date\u201d).<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/3049"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=3049"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/3049\/revisions"}],"predecessor-version":[{"id":3068,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/3049\/revisions\/3068"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=3049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=3049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=3049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}