art investor kit q4 2013
DESCRIPTION
Arbor Realty Trust, Inc. (NYSE: ABR) is a real estate investment trust that invests in a diversified portfolio of multifamily and commercial real estate-related bridge and mezzanine loans, preferred equity investments, mortgage-related securities and other real estate related assets. The company, which began operations in 2003, has a uniquely skilled team of finance experts who provide tailored lending solutions to the commercial and multifamily markets. Arbor builds long-term client relationships with a results-oriented approach that produces innovative solutions swiftly and efficiently. The real estate investment firm is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate finance company that began operations in 1993 and operates 18 sales and origination support offices throughout the U.S.TRANSCRIPT
PROFILEArbor Realty Trust, Inc. (NYSE: ABR) is a real estate investment trust that invests in a diversifi ed portfolio of multifamily and commercial real estate-related bridge and mezzanine loans, preferred equity investments, mortgage-related securities and other real estate-related assets. The company, which began operations in 2003, has a uniquely skilled team of fi nance experts who provide tailored lending solutions to the commercial and multifamily markets. Arbor builds long-term client relationships with a results-oriented approach that produces innovative solutions swiftly and effi ciently. The real estate investment fi rm is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate fi nance company that began operations in 1993 andoperates 18 sales and origination support offi ces throughout the U.S.
CORPORATE STRATEGYArbor Realty Trust is one of the nation’s premier real estate fi nance investment companies, offering the most comprehensive, customized and creative structured fi nance platforms in the commercial real estate industry. Arbor’s diversifi ed lending solutions are bolstered by its economic foundation as a real estate investment trust; however, it prides itself on conducting business as not just another mortgage REIT, but as a fi rm that builds long-term client partnerships with a results-oriented approach that produces innovative and effi cient fi nancial solutions. The company has proven it can achieve all of its objectives through the following business strategies:
• Provide customized fi nancing• Execute transactions rapidly• Capitalize on Arbor’s CDO/CLO technology• Manage and maintain credit quality• Capitalize on Arbor Commercial Mortgage’s relationships with existing borrowers• Leverage the experience of executive offi cers and employees of Arbor
Commercial Mortgage and Arbor Realty Trust
VIEW ARBOR REALTY TRUST’S 2013 10-K
ANALYST COVERAGE JMP Securities • Steven DeLaney • 404-848-7773
Deutsche Bank Securities Inc.• Stephen Laws • 901-322-8212
ARBOR REALTY TRUST, INC.FOURTH QUARTER 2013 FACT SHEET
Market Pro� leas of February 24, 2014
NYSE: ABRPrice: $6.78
Shares Outstanding: 49.14MMarket Cap: $333.63M
Float: 34.61MAvg. Daily Volume: 112,426
52-Week High: $8.60 (3-15-13)52-Week Low: $5.78 (6-24-13)
Dividend: $0.13
• Declares a common dividend of $0.13 per share• FFO of $6.3 million, or $0.13 per diluted common share• Net income attributable to common stockholders of $3.4 million, or $0.07 per diluted common share • Originated 19 new loans totaling $163.5 million
• Adjusted book value per common share of $9.22, GAAP book value per common share of $7.53 • Obtained an additional $33 million of warehouse fi nancing • Recorded $2.0 million in loan loss reserves and impairments • Recorded $0.8 million in cash recoveries of previously recorded reserves
FOURTH QUARTER 2013 HIGHLIGHTS
RECENT NEWS (click to view)
FEBRUARY 20, 2014 (click to view)Arbor Realty Trust Announces Pricing of Public Offering of Series C Cumulative Redeemable Preferred Stock
FEBRUARY 14, 2014 (click to view)Arbor Realty Trust Reports Fourth Quarter and Full-Year 2013 Results and Declares Common Stock Dividend
FEBRUARY 3, 2014 (click to view)Arbor Realty Trust Declares Preferred Stock Dividends
www.arborrealtytrust.com
DIVERSE PRODUCT LINEBridge Financing: • Short-term capital for property
acquisitions and repositionings
Mezzanine Loans: • Yield and capital position provide attractive risk-return
proposition
• Junior Participation/B Notes
Preferred Equity: • Expands customers’ capital options and provides Arbor
Realty Trust with property cash fl ows and proceeds from sale or refi nance
Other: • Discounted mortgage notes
• Direct equity investments
EXECUTIVE MANAGEMENT
COMPETITIVE STRENGTHS
• Proven and experienced management team
• One-stop shop leveraging off a nationalorigination platform
• Ability to provide creative solutions and rapid execution
• Real estate and product expertise to executecomplex transactions
Ivan KaufmanChief Executive O� cer and President
Paul ElenioChief Financial O� cer
Fred WeberExecutive Vice President, Managing Director of Structured Finance and Principal Transactions
Gene KilgoreExecutive Vice President,Structured Securitization
John J. Bishar, Jr., Esq.Corporate Secretary
Andrew GuziewiczChief Credit O� cer
John FelletterSenior Vice President, REO and Special Situations
Bill � orntonSenior Vice President, Asset Management
ARBOR REALTY TRUST333 Earle Ovington Blvd.Suite 900Uniondale, NY 11553T: 516.506.4200F: 516.506.4345
375 Park AvenueSuite 3401New York, NY 10152www.arborrealtytrust.com
ASSET CLASS DIVERSITY GEOGRAPHIC DIVERSITY
As of December 31, 2013
www.arborrealtytrust.com A43