Additionally, our pipeline remained strong and will continue to put our capital into new investment opportunities with a targeted return of 15% on non-leverage or leverage basis. We will look to achieve these targeted returns by continuing for leverage certain of these investments with a low cost CDO debt when appropriate as well as with additional financing facilities when available including the new $50 million bridge loan financing facility we obtained in July.This facility provides leverage of up to 75% depending on the assets finance and as of today, we have utilized approximately $25 million of the capacity. We remained disciplined in selective and a pleased with the opportunities we are seeing in this recovering market to buildup our portfolio with high quality assets and increased our core earnings overtime.
Arbor Realty Trust's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.