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Arbor Realty Trust Announces Tax Treatment of 2013 Dividend Distributions

30 Jan 2014

UNIONDALE, N.Y., Jan. 30, 2014 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE:ABR), 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, announced today the tax treatment of its 2013 dividend distributions for the Company's common and preferred shares of beneficial interest. 2013 is the initial year for the preferred shares dividends.

During 2013, the total per share distributions paid on Arbor Realty Trust, Inc. common stock was $.50; for tax reporting purposes 100%, or $.50 will be classified as dividend income (of which 100% are non-qualified dividends). The 2013 distributions paid with respect to Arbor Realty Trust's common stock (CUSIP #038923108 and traded under ticker symbol ABR) are summarized on a quarterly basis, as follows:


Record
Date

Payment
Date
Total
Distribution
Per share
Non-
Qualified
Dividend

Qualified
Dividend
Capital
Gain
Distribution
03/05/2013 03/12/2013 $.12 $.12 $.00 $.00
05/15/2013 05/31/2013 .12 .12 .00 .00
08/14/2013 09/03/2013 .13 .13 .00 .00
11/20/2013 12/02/2013 .13 .13 .00 .00
    $.50 $.50 $.00 $.00

During 2013, the total per share distributions paid on Arbor Realty Trust, Inc. 8.25% Series A Cumulative Redeemable Preferred Stock (CUSIP # 038923603) are summarized on a quarterly basis, as follows:

 
Record
Date
 
Payment
Date
Total
Distribution
Per share
Non-
Qualified
Dividends
 
Qualified
Dividend
Capital
Gain
Distribution
05/15/2013 05/31/2013 $ .687500 $ .687500 $.00000 $.00000
08/14/2013 09/03/2013  .515625  .515625  .00000  .00000
11/15/2013 12/02/2013  .515625  .515625  .00000  .00000
    $1.718750 $1.718750 $.00000 $.00000

During 2013, the totals per share distributions paid on Arbor Realty Trust, Inc. 7.75% Series B Cumulative Preferred Stock (CUSIP # 038923702) are summarized on a quarterly basis, as follows:

 
Record
Date
 
Payment
Date
Total
Distribution
Per share
Non-
Qualified
Dividends
 
Qualified
Dividend
Capital
Gain
Distribution
08/14/2013 09/03/2013 $ .602800 $ .602800 $.00000 $.00000
11/15/2013 12/02/2013  .484375  .484375 $.00000 $.00000
    $1.087175 $1.08715 $.00000 $.00000

Note: Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Arbor Realty Trust, Inc. dividend distributions.

About Arbor Realty Trust, Inc.

The Company 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. The Company commenced operations in July 2003 and conducts substantially all of its operations through its operating partnership, Arbor Realty Limited Partnership and its subsidiaries. Arbor is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate finance company operating through 14 offices in the US that specializes in debt and equity financing for multi-family and commercial real estate.

Safe Harbor Statement

Certain statements in this press release, including with regard to the Company's securities offering and contemplated use of proceeds, 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. The Company can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company'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 and capital markets, and other risks detailed in the prospectus relating to the offering and the documents incorporated by reference therein, including the Company's Annual Report on Form 10-K for the year ended December 31, 2012 and its other reports filed with the Securities and Exchange Commission. Such forward-looking statements speak only as of the date of this press release. The Company 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 the Company's expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.

CONTACT: Arbor Realty Trust, Inc.
         Paul Elenio, Chief Financial Officer
         516-506-4422
         pelenio@arbor.com

         Media:
         Bonnie Habyan, EVP of Marketing
         516-506-4615
         bhabyan@arbor.com

         Investors:
         Stephanie Carrington
         The Ruth Group
         646-536-7017
         scarrington@theruthgroup.com
Arbor Realty Trust