Home REIT Press Releases Arbor Realty Trust Announces Pricing of Public Offering of Common Stock

Arbor Realty Trust Announces Pricing of Public Offering of Common Stock

UNIONDALE, N.Y., Nov. 10, 2020 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (the “Company”) (NYSE: ABR) announced today that it priced its public offering of 7,000,0000 shares of common stock for total expected gross proceeds of approximately $94.5 million before underwriting discounts and commissions and expenses. The offering is subject to customary closing conditions and is expected to close on November 13, 2020.