Arbor Realty Trust, Inc.
ABR, a real estate investment trust focused on the business of
investing in real estate related bridge and mezzanine loans, preferred and
direct equity investments, mortgage-related securities and other real estate
related assets, today announced the closing of a $125 million collateralized
loan obligation (CLO) issued by two newly-formed subsidiaries of Arbor. An
aggregate of $87.5 million of investment grade-rated debt was issued, and
Arbor retained an equity interest in the portfolio with a notional amount of
$37.5 million.
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