UNIONDALE, N.Y., Feb. 20, 2014 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the "Company") (NYSE:ABR) announced today that it plans to make a public offering of an initial issuance of its Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock"). The Company intends to grant the underwriters a 30-day option to purchase additional shares of Series C Preferred Stock to cover over-allotments, if any. The Company intends to file an application to list the Series C Preferred Stock on the NYSE under the symbol "ABR PrC" and, if approved, expects trading to commence within 30 days after the initial issuance of the Series C Preferred Stock. The Company intends to use the net proceeds from the offering to make investments, to repurchase or pay liabilities and for general corporate purposes. Deutsche Bank Securities Inc., JMP Securities LLC, Ladenburg Thalmann & Co. Inc. and MLV & Co. LLC will serve as joint book-running managers for the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. The offering will be made pursuant to the Company's existing effective shelf registration statement, previously filed with the Securities and Exchange Commission. The offering of these securities will be made only by means of a prospectus and related prospectus supplement. When available, copies of the prospectus and accompanying preliminary prospectus supplement relating to these securities may be obtained by contacting Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, New York 10005-2836, Email: prospectus.CPDG@db.com, Telephone: (800) 503-4611; JMP Securities LLC, 600 Montgomery Street, 10th Floor, San Francisco, California 94111, Attn: Prospectus Department, Telephone: (415) 835-8985; Ladenburg Thalmann & Co. Inc., 570 Lexington Avenue, 11th Floor, New York, New York 10022, Telephone: (212) 409-2000; and MLV & Co. LLC, Attn: Randy Billhardt, Email: firstname.lastname@example.org, Telephone: (212) 542-5882.