Arbor Realty Trust Closes a $815 Million Collateralized Loan Obligation Securitization
UNIONDALE, N.Y., June 10, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced the closing of a $815 million commercial real estate mortgage loan securitization (the Securitization). An aggregate of approximately $674 million of investment grade-rated notes were issued (the Notes) and Arbor retained subordinate interests in the issuing vehicle of approximately $141 million. The $815 million of collateral includes approximately $162 million of capacity to acquire additional loans for a period of up to 180 days from the closing date of the Securitization.
Arbor Realty Trust Closes a $815 Million Collateralized Loan Obligation Securitization
UNIONDALE, N.Y., June 10, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced the closing of a $815 million commercial real estate mortgage loan securitization (the Securitization). An aggregate of approximately $674 million of investment grade-rated notes were issued (the Notes) and Arbor retained subordinate interests in the issuing vehicle of approximately $141 million. The $815 million of collateral includes approximately $162 million of capacity to acquire additional loans for a period of up to 180 days from the closing date of the Securitization.