UNIONDALE, N.Y., March 04, 2020 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE:ABR) announced today that it has closed the private placement of $275 million aggregate principal amount of 4.50% senior unsecured notes due March 15, 2027.

The Company intends to use the net proceeds from the offering to repay secured indebtedness.

Piper Sandler & Co. acted as placement agent for this offering.

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Headquartered in New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in government-sponsored enterprise products. Arbor is a Fannie Mae DUS® lender and Freddie Mac Optigo Seller/Servicer. Arbor’s product platform also includes CMBS, bridge, mezzanine and preferred equity lending.