Arbor Realty Trust Announces the Appointment of Gene Kilgore, Executive Vice President of Structured Securitization
UNIONDALE, N.Y., Sept. 29 /PRNewswire-FirstCall/ -- Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust focused on investing in real estate related bridge and mezzanine loans, preferred equity investments, mortgage related securities and other real estate related assets, announced today the appointment of Gene Kilgore, Executive Vice President of Structured Securitization. Mr. Kilgore will be responsible for overseeing the development, marketing and implementation of Arbor Realty Trust's collateralized debt obligation (CDO) initiatives and will report directly to Chairman and Chief Executive Officer Ivan Kaufman.
"Gene brings a very strategic expertise to Arbor Realty Trust, " said Mr. Kaufman. "We are in the process of evaluating various CDO structures and we look forward to incorporating Gene's skill and knowledge in these efforts. We are confident his expertise will help us in our goal to be the premier real estate finance investment firm."
Prior to joining Arbor Realty Trust, Mr. Kilgore was a portfolio manager for ZAIS group, LLC, a preeminent structured finance investment advisor. He also brings a wealth of experience from his positions at Wachovia Bank where he served as Vice President of Corporate Lending and Commercial Real Estate. Mr. Kilgore also held positions at Standard & Poor's as Director of the CDO Group and at Barclays Capital as Director of Risk Finance.
Gene received a Bachelor of Science in Economics from the University of Tennessee at Chattanooga and a Masters of Business Administration from Emory University. He also earned a Masters of Science in Real Estate from the Massachusetts Institute of Technology.
About Arbor Realty Trust, Inc.
Arbor Realty Trust, Inc. is a real estate investment trust, which invests in a diversified portfolio of multi-family and commercial real estate related bridge and mezzanine loans, preferred equity investments, mortgage related securities and other real estate related assets. Arbor commenced operations in July 2003 and conducts substantially all of its operations through its operating partnership, Arbor Realty Limited Partnership. Arbor is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate finance company operating through 15 offices in the US that specializes in debt and equity financing for multi-family and commercial real estate.
Safe Harbor Statement
Certain items in this press release may constitute forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Arbor can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from Arbor's expectations include, but are not limited to, continued ability to source new investments, changes in interest rates and/or credit spreads, changes in the real estate markets, and other risks detailed from time to time in the Arbor's periodic and other reports filed with the SEC. Such forward-looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward- looking statements contained herein to reflect any change in Arbor's expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.
Contact:
Arbor Realty Trust, Inc.
Investor Relations
516-506-4200
InvestorRelations@arbor.com
SOURCE Arbor Realty Trust, Inc.
