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Actionable news in ABR: ARBOR REALTY TRUST Inc,

Arbor Realty Trust Investor Presentation March 2016 Business Update Acquisition Of Agency Platform

The following excerpt is from the company's SEC filing.

Disclaimer 2 Information in this presentation may be deemed forward-looking that are subject to risks and uncertainties, including information about possible or assumed future results of our business, the managers agency business, financial condition, liquidity, results of operations, plans and objectives. This information is based on our beliefs, assumptions and expectations of the future performance of these businesses, taking into account the information currently available to us. Factors that could cause actual results to differ materially from our expectations in these forward-looking stateme nts are detailed in our SEC reports. We caution you not to place undue reliance on these forward-looking statements, which speak only as of today. We undertake no obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after today or the occurrences of unanticipated events. Additionally, in connection with the proposed transaction we have filed a preliminary proxy statement with the SEC. We also have filed certain addition documents and may file other relevant documents with the SEC regarding the proposed transaction. Investors are urged to read the proxy statement and other relevant documents filed with the SEC, when they become available, because they will contain important information. You may obtain a free copy of the proxy statement, and other relevant documents filed by us with the SEC at the SECs website at www.SEC.gov. Copies of the documents filed by us with the SEC will be available free of charge on our website at www.arborrealtytrust.com or by contacting Investor Relations at (516) 506-4200. We and our directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in respect to the proposed transaction. You can find the information about our executive officers and directors in our definitive annual proxy statement filed with the SEC on April 10, 2015. Additional information regarding the interests of such potential participants will be included in the proxy statement and other relevant documents filed with the SEC. You may obtain free copies of these documents from us using the sources indicated earlier.

Overview of the business platforms 3 Arbor Realty Trust, Inc. Specialized real estate finance company that invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets including bridge and mezzanine loans Primary focus is multifamily, senior lending which generates superior leveraged returns in the most secure part of the capital stack Small balance lending strategy is differentiated from peers average size of ~ $12 million per loan Formed in June 2003 as a real estate investment trust (REIT) for federal income tax purposes $1.5 billion investment portfolio as of December 31, 2015 $342 million market cap (NYSE: ABR) as of April 5, 2016 Currently paying a $0.60 annual dividend per share; representing an ~ 9% dividend yield currently Announced Acquisition Agency Platform February 25, 2016 announced definitive agreement to acquire the agency platform of Arbor Commercial Mortgage, LLC One of only 25 Fannie Mae DUS® licensed lenders nationwide, Affordable Housing, Freddie Mac Small Balance, and HUD originator Leading national multifamily agency loan origination and servicing platform with over 200 direct employees, including 20 originators in seven states with more than 20 years of experience on average Primary focus on small balance loans with ~$5 million average loan size Servicing portfolio of approximately $11 billion of unpaid principal balance as of January 31, 2016 Originated more than $3 billion in loans in 2015; 5-year compounded average growth rate in originations of more than 20%

Arbor Realty Trust (ABR) 4 Agenda Arbor Realty Trust (ABR) Announced acquisition Agency platform Appendix Page 4 11 18

ABR overview 5 Focus predominately on multifamily senior lending which generates superior leveraged returns in the most secure part of the capital stack 88% of investment portfolio in bridge loans, with 75% of bridge loans to multifamily properties¹ Borrowers seeking short-term financing to be used for property acquisitions that are predominately secured by first mortgage loans 12% of investment portfolio in mezzanine financing, junior participation financing and preferred equity investments¹ Small-balance focus with an average loan size of ~$12 million Principal business objective is to maximize the difference between the yield on our investments and cost of financing to generate dividends, facilitate capital appreciation and maximize total returns More than 12 years of operating history as a REIT Externally managed and advised by Arbor Commercial Mortgage, LLC (ACM) Ivan Kaufman; Chairman, President, and CEO, ABR; President and CEO, ACM Paul Elenio; Treasurer and CFO, ABR; CFO, ACM Note: ¹ Distribution by unpaid principal balance

Our approach to business 6 Provide customized financing We target borrowers who have demonstrated a history of enhancing the value of the properties they operate, but whose options may be limited by conventional bank financing and who may benefit from the sophisticated structured finance products we offer We structure and execute financial transactions in all areas of the capital stack for our clients Execute transactions rapidly We act quickly and decisively on proposals, provide commitments and close transactions within a few weeks and sometimes days, if required. We believe that rapid execution attracts opportunities from both borrowers and other lenders that would not otherwise be available Manage credit quality We actively manage the credit quality of our portfolio by using the expertise of our asset management group, which has a proven track record of structuring and repositioning structured finance investments to improve credit quality and yield Utilize relationships with existing borrowers We capitalize on our strong reputation and relationships with a large borrower base nationwide to attract a first-class clientele Leverage the...


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