Arbor Realty Trust Closes $125M Collateralized Loan Obligation; Says Will Use to Repay Debt

Arbor Realty Trust, Inc.

, 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.