Mortgage lender Arbor Private Label completes securitization of $ 450 million multi-unit mortgage

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UNIONDAL, NY, June 25, 2021 (GLOBE NEWS) – Arbor Realty Trust, Inc. (“Alcove”) (NYSE:ABR) announced the completion of the securitization of multi-unit mortgage loans totaling approximately US $ 450 million (“Securitization“). Arbor’s subsidiary, Arbor Private Label, LLC, provided mortgage loans and acted as a loan seller and sponsor of the Securitization. Securitization is the second securitization program for Arbor Private Label’s multi-unit mortgages.

The securitization is supported by a pool of 32 fixed rate mortgages collateralized by a top-priority mortgage on 50 apartment buildings. Arbor’s Asset Services and Management subsidiary, Arbor Multifamily Lending, LLC, will be the primary provider of mortgage loans.

The beneficial ownership interests in the securitization trust are represented by a series of end-to-end multi-unit mortgage lending certificates (“Certificates“). The certificates were issued in accordance with a merger and service agreement that will govern the service and administration of mortgages. Arbor will retain its most subordinate class of certificates, with a balance of approximately $ 38.2 million (“Stored certificates»), To meet the requirements for withholding credit risk.

All certifications (excluding Withholding Certificates and Residual Interest) of Fitch Ratings, Inc. and DBRS, Inc. assigned investment grade ratings.

The placement of the Certificates was carried out as part of a private placement. Certificates are not registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States without applicable exemption from registration requirements. This press release does not constitute an offer to sell or an invitation to offer to buy, nor may there be a sale of these securities in any state or jurisdiction in which such an offer, offer or sale would be illegal prior to registration or qualification under the laws about the securities of such a state or jurisdiction.

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real estate investment fund and direct lender providing loans and servicing of portfolios of apartment buildings, single family leases (SFRs) and a variety of other commercial real estate assets. Arbor, headquartered in New York City, operates a multibillion-dollar portfolio of maintenance services specializing in government-sponsored corporate products. Leading gazebo Fannie mae dus® creditor Freddie Mac Optigo® Seller / service personnel and approved lender FHA Multifamily Accelerated Processing (MAP). Arbor’s product platform also includes bridge, CMBS, mezzanine and preferred capital lending. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to strengthening its reputation for service, quality and customized solutions with an unparalleled commitment to providing superior customer service throughout the life of its loan.

Safe Harbor Statement

Certain elements of this press release may constitute forward-looking statements in the sense of a Safe Harbor of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s 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. 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 in general and in real estate markets in particular, in particular due to the uncertainty created by the COVID-19 pandemic, continued capacity to attract new investments, changes in interest rates and / or credit spreads and other risks detailed in Arbor’s Form 10-K Annual Report for the year ended December 31, 2020 and other reports filed with the Securities and Exchange Commission. Such forward-looking statements are valid only as of the date of this press release. Arbor expressly disclaims any obligation or obligation to post any updates or corrections to any forward-looking statements contained herein to reflect any changes in Arbor’s expectations regarding them or changes in the events, conditions or circumstances on which any such statement is based.

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