Successful CLO Issuance
Arbor Realty Trust issued a $1 billion CLO with favorable terms, including a pricing of 1.82% over and 89% leverage, generating an additional $75 million of liquidity.
Lexford Portfolio Gain
Achieved a $48 million gain from the sale of a portion of the Lexford portfolio, contributing over $100 million of income over its lifespan.
Strong Agency Business Performance
Originated $2 billion of loans in the third quarter, marking the second-highest production quarter in Arbor's history, comfortably surpassing origination guidance.
Single-Family Rental Business Growth
Originated $150 million in the third quarter and another $200 million in October, with a strong pipeline indicating the ability to meet internal guidance.