Private Label Mortgage Lender Arbor Closes $489 Million Multi-Family Mortgage Securitization | 2022-02-14 | Press Releases

UNIONDALE, NY, Feb. 14 12, 2022 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (“Arbor”) (NYSE:ABR) today announced the closing of a multifamily mortgage loan securitization aggregating approximately $489 million (the “Securitization”). . Arbor’s subsidiary, Arbor Private Label, LLC, originated the mortgages and served as the loan seller and securitization sponsor. The securitization is the fourth for the Arbor Private Label multi-family mortgage securitization program.

The securitization is backed by a pool of 30 fixed rate mortgages secured by first mortgage liens on 40 multi-family properties. Arbor’s servicing and asset management subsidiary, Arbor Multifamily Lending, LLC, will serve as the primary mortgage servicer.

The beneficial ownership interests in the securitization trust are represented by a series of multi-family mortgage transfer certificates (the “CloseCurlyDoubleQuote Certificates”). The certificates were issued pursuant to a pooling and management agreement, which will govern the management and administration of the mortgages. An Arbor subsidiary will retain the most subordinate class of certificates, with a balance of approximately $43.4 million (the “Retained & CloseCurlyDoubleQuote; Certificates”, in satisfaction of credit risk retention requirements.

All certificates (except Retained Certificates and Residual Interest) have been rated investment grade by Fitch Ratings, Inc. and DBRS, Inc.

The offering of the certificates was made within the framework of a private placement. The certificates are not registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent an applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy, and there will be no sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. prior to registration or qualification under the securities laws of such state or jurisdiction.

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real estate investment trust and direct lender, providing loans and services for multi-family and single-family (SFR) rental portfolios and other miscellaneous commercial real estate assets. Based in New York, Arbor manages a multibillion-dollar portfolio of services, specializing in government-sponsored enterprise products. Arbor is a leader Fannie Mae DHS® lender, Freddie MacOptigo® FHA Multifamily Accelerated Processing (MAP) Approved Seller/Repairer and Lender. The Arbor’ product platform also includes bridge,CMBS, mezzanine and preferred shares ready. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its reputation for service, quality and personalized solutions with an unmatched dedication to providing its customers with excellence throughout the life of a ready.

Safe Harbor Statement

Certain elements of this press release may constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations and beliefs of management 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. . Arbor cannot guarantee that its expectations will be met. Factors that could cause actual results to differ materially from Arbor’s expectations include, but are not limited to, changes in economic conditions generally, and real estate markets specifically, in particular, due to uncertainties created by the COVID-19 pandemic, continued ability to find new investments, changes in interest rates and/or credit spreads, and other risks detailed in Arbor’s Annual Report on Form 10-K for the financial year ended December 31, 2020 and its other reports filed with the SEC. These forward-looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein to reflect any change in Arbor’s expectations with respect thereto or any change in events, conditions or circumstances about which such a statement is based. .


Arbor Realty Trust, Inc.

Paul Elenio, Chief Financial Officer


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