NYSE:ABRMortgage REITs
Assessing Arbor Realty Trust (ABR) Valuation After CLO Redemption And Improved Repurchase Financing Terms
Arbor Realty Trust (ABR) recently redeemed $787.0 million of legacy CLO 17 notes and moved about $1.21 billion of assets into repurchase facilities with JPMorgan, securing better terms and creating roughly $132.3 million of liquidity.
See our latest analysis for Arbor Realty Trust.
Despite the refinancing progress, the stock has had a weak run, with a 30-day share price return down 29.9% and a 1-year total shareholder return down 35.1%. This indicates that momentum has been soft even as...