UNIONDALE, N.Y., March 21, 2013 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the "Company") (NYSE:ABR) announced today that it has commenced a public offering of 5,625,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 843,750 shares of its common stock on the same terms and conditions. Deutsche Bank Securities Inc. will serve as the sole book-running manager for the offering and JMP Securities LLC will serve as the lead manager. The Company intends to use the net proceeds from the offering to make investments, to repurchase or pay liabilities and for general corporate purposes.
Arbor Realty Trust, Inc. Announces Public Offering Of Common Stock
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