Advertisement
Global  

“News neutrality by unbiased coverage”
One News Page
> >

Arbor Realty Trust announces pricing of its public offering

Proactive Investors Wednesday, 16 May 2018
Shares of Arbor Realty Trust Inc. (NYSE:ABR) were pressured Wednesday after the real estate investment trust priced a public offering of 5.5 million shares of common stock for expected gross proceeds of around US$48.7mln. Arbor Realty was down 2% to US$9.14 in midday trade. The Uniondale, New York-based real estate investment trust said it would use the proceeds from the offering to make investments relating to its business and for general corporate purposes. Arbor Realty Trust invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It is also a national direct lender specializing in loan origination and servicing for multifamily, seniors housing, and commercial real estate. JMP Securities is the sole book-runner for the offering.
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: KTNV Channel 13 Las Vegas - < > Embed
News video: Want to become a real estate agent? Get ready to shell out big bucks

▶ Want to become a real estate agent? Get ready to shell out big bucks 01:56

It only takes a few weeks to go from where you are today to becoming a licensed real estate agent. With the promise of making six figures. But, is it too good to be true? We're breaking down the true cost of becoming a realtor.

You Might Like


Recent related news

Issuer Direct Announces Pricing of Public Offering of Common Stock

Issuer Direct Announces Pricing of Public Offering of Common Stock
*MORRISVILLE, NC / ACCESSWIRE / August 17, 2018 /* Issuer Direct Corporation (NYSE American: ISDR), an industry-leading communications and compliance company,...
Accesswire - Press ReleasesAlso reported by •Business Wire

Strongbridge Biopharma stock spike after terminating offer of ordinary shares

Strongbridge Biopharma plc (NASDAQ:SBBP) shares rallied on Thursday after the company announced it is terminating its public offering of ordinary shares. The...
Proactive Investors - Business

United States: Market Trends 2017/18: Registered Direct Offerings - Mayer Brown

A registered direct offering is a type of hybrid securities offering, meaning that the offering methodology has certain characteristics associated with a public...
Mondaq - Legal

Mesa Royalty Trust Announces Trust Income for August 2018

HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (NYSE: MTR) announced the Trust income distribution for the month of August 2018. Unitholders of record on...
Business Wire - Press Releases


Tweets about this


Other recent news in Business

PepsiCo buys SODASTREAM for $3.2bn'It's not an option': ELON MUSK rejects Arianna Huffington's suggestion he should sleep more
The Turkish lira is falling again — but stock market investors are returning to TURKEY at their fastest rate in half a decadeDubai-based Indian family rescued from KERALA floods

Recent related videos

Florida Schools Ordered By Law To Display 'In God We Trust' Signs [Video]Florida Schools Ordered By Law To Display 'In God We Trust' Signs

An education bill signed into law by Florida Gov. Rick Scott in March includes a mandate that all public schools in the Sunshine State must now display "In God We Trust" in each building that’s used..

Wochit News -

Wednesday Sector Leaders: REITs, Electric Utilities [Video]Wednesday Sector Leaders: REITs, Electric Utilities

In trading on Wednesday, reits shares were relative leaders, up on the day by about 0.5%. Leading the group were shares of Mack-Cali Realty (CLI), up about 5.5% and shares of Medequities Realty Trust..

Market News Video -

The Trust Fund Baby Trope [Video]The Trust Fund Baby Trope

Business Insider reports, "A trust fund is simply a fund that holds assets, like cash or investments, typically set up by a parent. Trust-fund babies , the recipients of that windfall, are often..

Wochit News -

10 MORE Celebs' Real Names & Stage Name Meanings [Video]10 MORE Celebs' Real Names & Stage Name Meanings

People say you should never trust someone with two first names but the real question is -- can you trust someone with a fake name all together?!

Clevver News -

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+  •  FOLLOW us on Pinterest