Category: REIT

ABR – Arbor Realty Trust, Inc.

ABR - Arbor Realty Trust, Inc.

Arbor’s business transformation has diversified their income sources into more predictable and stable revenues.

Arbor’s dividend has been increasing and I see potential for further increases in the future.

The CEO is a major shareholder and founder of the company. The alignment of management’s interest with shareholders provides a qualitative safety in the investment.

An investment in Arbor could return between 28% to 38% including dividends.

Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.

New York City’s Small Multifamily Market

New York City’s Small Multifamily Market Balanced Across Boroughs
  • Units in small and large multifamily properties made up 75% of New York City’s rental market.
  • Large apartment building units are concentrated in Manhattan, while the city’s boroughs had a more even distribution of small multifamily.
  • Townhomes were most concentrated in Brooklyn, while single-family rentals (SFRs) had meaningful market share in Queens

According to the latest U.S. Census Bureau data, Manhattan included 27% of all occupied rental units in the city. However, Brooklyn held the crown, accounting for 31%. Queens and the Bronx had similar shares at around 20% each, while Staten Island comprised less than 3%.

ABR – Arbor Realty Trust, Inc.

Arbor has once again increased its quarterly dividend, this time to $0.29, which represents its second boost this year. Arbor’s unique business model provides substantial competitive advantages that drive strong risk-adjusted returns.

We maintain a Buy on Arbor Realty with a 2020 year-end target price of $14.50 per share.With many REITs posting record highs, it has become more difficult to buy into the best ones.

Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.

Arbor Realty Trust, Inc. (ABR) ~ Qty 100

Arbor Realty Trust, Inc.. Arbor Realty Trust, Inc. is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. Its segments include Structured Business and Agency Business. In addition, the Company may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities.

It focuses on investment types, such as Bridge Financing, Mezzanine Financing, Junior Participation Financing and Preferred Equity Investments. It offers bridge financing products to borrowers, typically seeking short-term capital to use in an acquisition of property. It offers mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower’s equity in a transaction.