Boom! Arbor Realty Trust Has Soared By Over 32% Year To Date

 In Free Articles

Summary

  • One reason I find Arbor attractive is its successful dividend growth history.
  • You may recall that I recently called Arbor Realty an “interesting pick,” even after shares have surged by over 25% in the last 90 days.
  • “Based on our significant growth in this business and our outlook going forward, we are very comfortable with our current dividend” – ABR CEO.

Excerpts from this article appeared first in the August edition of the Forbes Real Estate Investor.

A few weeks ago I wrote an article titled, “Beware, The Raised Nail Gets Hammered,” and I explained,

I am adding two new names to the Intelligent REIT Lab and providing you with my initial research and recommendations. This now means that we now have 12 commercial mREITs in the REIT Lab, providing investors with plenty of choices.”

One of these new inductees is Arbor Realty Trust (ABR) that was formed in 2003. The company invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. In addition, Arbor also directly acquires real property and invests in real estate-related notes and certain mortgage-related securities.

One reason I find Arbor attractive is its successful dividend growth history. The company increased its quarterly dividend from $0.19 to $0.21 a share in March, and raised it to $0.25 in May, for a 32% increase in 2018 so far. This also represents Arbor’s sixth dividend increase in the last eight quarters and a 67% increase over that period.

You may recall that I recently called Arbor Realty an “interesting pick,” even after shares have surged by over 25% in the last 90 days.

One of the best ways to examine a company is to meet with the management team. I can tell you that has been a tremendous advantage for me, and this also serves as a value-add to many of my subscribers and followers.

So I recently caught up with Ivan Kaufman, Arbor’s founder, president and CEO, to discuss the company’s platform. Kaufman founded Arbor National Holdings to focus on the origination and servicing of residential mortgage loans. Kaufman previously served as the chair of the Independent Judicial Election Qualification Commission for the 10th Judicial District of New York. He has also served on the national and regional advisory boards of Fannie Mae (OTCQB:FNMA), and on the Board of Directors of the Empire State Mortgage Bankers Association. He earned a J.D. from Hofstra University School of Law and a B.A. in Business Administration from Boston University.

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