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Arbor Realty Trust, Inc. Announces the Appointment of Yoni Goodman as its Executive Vice President and Chief Operating Officer
Globenewswire· 2026-02-17 13:30
UNIONDALE, N.Y., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, single-family rental (SFR) portfolios, seniors housing, healthcare, and other diverse commercial real estate assets, is pleased to announce the appointment of Yoni Goodman as its Executive Vice President and Chief Operating Officer. Mr. Goodman will be responsible for expanding Arbor’s reach into var ...
Arbor Realty Trust Reports Second Quarter 2025 Results and Declares Dividend of $0.30 per Share
Globenewswire· 2025-08-01 12:30
Company Highlights - Arbor Realty Trust, Inc. reported a net income of $24.0 million, or $0.12 per diluted common share for Q2 2025, a decrease from $47.4 million, or $0.25 per diluted common share in Q2 2024 [2] - Distributable earnings for the quarter were $52.1 million, or $0.25 per diluted common share, down from $91.6 million, or $0.45 per diluted common share in the same quarter last year [2][6] - The company declared a cash dividend of $0.30 per share for the quarter ended June 30, 2025, payable on August 29, 2025 [20] Agency Business - Total agency loan originations reached $857.1 million in Q2 2025, up from $605.9 million in Q1 2025 [3] - Revenues from the Agency Business were $64.5 million, compared to $62.9 million in Q1 2025 [3] - The gain on sales, including fee-based services, net was $13.7 million, reflecting a margin of 1.69% [3] Structured Business - The structured loan portfolio had an unpaid principal balance (UPB) of $11.61 billion as of June 30, 2025, with a weighted average interest rate of 7.03% [10] - Total originations for the structured business were $716.5 million in Q2 2025, with a loan runoff of $519.7 million [9] - The average balance of the loan and investment portfolio during Q2 2025 was $11.53 billion, with a weighted average yield of 7.95% [11] Financing Activity - The balance of debt financing the loan and investment portfolio was $9.61 billion at June 30, 2025, with a weighted average interest rate of 6.88% [15] - In July 2025, the company issued $500.0 million of 7.875% senior unsecured notes due 2030 to repay $287.5 million of convertible senior notes [19] Loan Losses and Provisions - The company recorded a $16.1 million net provision for loan losses associated with CECL in Q2 2025, with a total allowance for loan losses of $243.3 million [12] - Nineteen non-performing loans had a UPB of $471.8 million as of June 30, 2025, down from twenty-three loans with a UPB of $511.1 million at the end of Q1 2025 [12][13] Servicing Portfolio - The fee-based servicing portfolio totaled $33.76 billion at June 30, 2025, with servicing revenue, net of $27.4 million for the quarter [7] - The weighted average life of the servicing portfolio was 6.5 years, with a fee of 37.4 basis points [8]