Arbor Realty Trust suspends its dividend after an $85 million third-quarter loss. The multifamily lender halted its common dividend as non-performing bridge loans rose to $647.6 million and it booked $53 million in new loan-loss provisions. Arbor Realty Trust, a nationwide lender on apartment buildings and single-family rental portfolios, has suspended its common stock dividend after reporting a third-quarter net loss of $85.4 million. The Uniondale, N.Y., real estate investment trust disclosed both on Oct. 30, 2026, in its third-quarter earnings release filed with the Securities and Exchange Commission. Problem loans in its bridge-lending book rose sharply during the quarter. The loss came to $0.51 per diluted share. A year earlier Arbor earned $38.5 million, or $0.20 a share. Distributable earnings, the non-GAAP measure mortgage REITs use to set their payouts, swung to a loss of $6.9 million, or $0.04 a share, from $72.9 million, or $0.35 a share, in the third quarter of 2025. Arbor said that excluding $21.7 million of net realized losses from resolving "certain legacy assets," distributable earnings would have been $0.08 a share. Why Arbor suspended the dividend. The board's decision takes effect immediately. In the release, Arbor said the move reflects its "continued focus on preserving capital and maintaining financial flexibility to address upcoming debt maturities and support the resolution of legacy assets." The company added that it will keep evaluating its dividend policy "based upon market conditions and the Company's performance, capital needs, and REIT distribution requirements." Three months earlier, Arbor's second-quarter release declared a common dividend of $0.17 a share. The suspension applies to the common stock. Arbor follows Blackstone Mortgage Trust, which cut its dividend to $0.30 after a third-quarter loss. Non-performing loans climb past $600 million. Arbor's structured business consists mainly of short-term bridge loans, with nearly two-thirds of the balance on multifamily properties. That book showed the most strain. At Sept. 30, the company had 32 non-performing loans with an unpaid principal balance of $647.6 million, compared with 19 loans totaling $428.8 million at June 30. Two more loans totaling $95.9 million were on non-accrual status despite being less than 60 days past due. Arbor recorded a $53.0 million net provision for loan losses under the CECL (current expected credit loss) accounting standard. That brought its total allowance to $210.1 million. It also took $34.1 million of impairments on six real estate owned properties, meaning buildings it has taken back from borrowers. During the quarter it modified six loans with a combined balance of $192.1 million for borrowers in financial difficulty. Arbor said most of those borrowers put in additional capital to recapitalize their deals. It foreclosed on one $13.2 million loan and sold five previously repossessed properties for $39.0 million. The weighted average yield on the portfolio fell to 6.84% from 7.21% in the second quarter. Arbor attributed the decline primarily to "additional delinquencies and rate modifications." Its average cost of borrowing rose to 6.66% from 6.56%. The structured portfolio ended September at $12.00 billion, down from $12.11 billion in June. Of that, multifamily bridge loans made up $7.68 billion and single-family rental bridge loans $3.46 billion. New originations slowed to $459.2 million from $689.0 million in the prior quarter, and runoff reached $574.0 million. The agency business is steadier. Arbor's agency business originates and services apartment loans sold to Fannie Mae and Freddie Mac and insured by the FHA. It held up better. Its fee-based servicing portfolio grew slightly to $36.80 billion. Agency originations fell to $907.0 million from $1.08 billion in the second quarter. Freddie Mac volume dropped to $185.7 million from $428.3 million, while FHA lending rose to $129.5 million from $8.1 million. Credit costs are building here too. On Fannie Mae loans, Arbor shares in the losses. It recorded a $12.4 million provision for those loss-sharing obligations, lifting that reserve to $87.3 million, or 0.36% of its Fannie Mae servicing portfolio. Fannie Mae itself reported this week that it more than doubled its credit provision as apartment loans weakened. Raising liquidity and shrinking the share count. During the quarter Arbor closed an $825.0 million collateralized securitization. The company said the deal generated about $50 million of additional liquidity. It also sold an upsized $375.0 million of 6.25% convertible senior notes due 2029. Arbor used the proceeds to redeem $270.0 million of 4.50% senior notes and to buy back about 21 million shares in two transactions totaling $125.9 million. The second-quarter release put the larger of those buybacks at $5.42 a share, or 49% of book value. In other words, the shares were already trading at about half of book value before this quarter's losses were reported. Common shares outstanding fell to about 186.4 million at Sept. 30 from 195.5 million at the end of 2025. On its reading, the quarter puts Arbor's stress squarely in its bridge book rather than its agency platform: the balance of non-performing loans rose about 51% in three months, while the servicing portfolio edged higher. Arbor's release says the dividend will be revisited as conditions allow. It gives no timeline. More coverage of lenders and landlords is on its commercial real estate page.

Arbor Realty Trust (NYSE:ABR) stock rating upgraded by Zacks Research. September 2, 2026 Key points. * Zacks Research upgraded Arbor Realty Trust from "strong sell" to "hold," but overall analyst sentiment remains negative, with a consensus "reduce" rating and an average price target of $6.00. * ABR opened at $4.95 and remains near its 12-month low of $4.73, well below its 12-month high of $12.57. The stock has a market capitalization of approximately $923 million. * Arbor Realty Trust exceeded quarterly expectations, reporting earnings of $0.10 per share versus the $0.05 consensus and revenue of $117.83 million versus estimates of $107.75 million. Director William C. Green also purchased 25,951 shares at an average price of $5.07. * MarketBeat previews top five stocks to own in October. Arbor Realty Trust (NYSE:ABR - Get Free Report) was upgraded by stock analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research note issued to investors on Monday, Zacks reports. A number of other analysts also recently commented on ABR. Piper Sandler dropped their price objective on Arbor Realty Trust from $5.50 to $5.00 and set an "underweight" rating on the stock in a research note on Monday, August 3rd. Keefe, Bruyette & Woods decreased their target price on Arbor Realty Trust from $5.50 to $5.00 and set an "underperform" rating for the company in a research note on Monday, August 3rd. Citizens Jmp lowered their target price on Arbor Realty Trust from $9.50 to $8.50 and set a "market outperform" rating on the stock in a report on Thursday, May 14th. JPMorgan Chase & Co. upgraded shares of Arbor Realty Trust from an "underweight" rating to a "neutral" rating and dropped their price target for the stock from $7.00 to $5.50 in a research report on Friday, July 17th. Finally, Weiss Ratings downgraded shares of Arbor Realty Trust from a "sell (d+)" rating to a "sell (d)" rating in a report on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $6.00. Arbor Realty Trust price performance. NYSE ABR opened at $4.95 on Monday. Arbor Realty Trust has a 12 month low of $4.73 and a 12 month high of $12.57. The company has a debt-to-equity ratio of 2.33, a current ratio of 478.85 and a quick ratio of 478.85. The firm has a market capitalization of $923.47 million, a PE ratio of 70.71 and a beta of 1.15. The company's 50 day simple moving average is $5.12 and its 200 day simple moving average is $6.33. Arbor Realty Trust (NYSE:ABR - Get Free Report) last announced its earnings results on Friday, July 31st. The real estate investment trust reported $0.10 EPS for the quarter, topping the consensus estimate of $0.05 by $0.05. The firm had revenue of $117.83 million for the quarter, compared to analysts' expectations of $107.75 million. Arbor Realty Trust had a return on equity of 7.38% and a net margin of 6.24%. As a group, equities research analysts forecast that Arbor Realty Trust will post 0.29 EPS for the current fiscal year. Insider activity at Arbor Realty Trust. In related news, Director William C. Green bought 25,951 shares of Arbor Realty Trust stock in a transaction dated Monday, August 31st. The stock was acquired at an average cost of $5.07 per share, with a total value of $131,571.57. Following the completion of the acquisition, the director directly owned 231,369 shares in the company, valued at approximately $1,173,040.83. This trade represents a 12.63% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 4.20% of the stock is currently owned by corporate insiders. Institutional trading of Arbor Realty Trust. Several institutional investors and hedge funds have recently bought and sold shares of the stock. Smartleaf Asset Management LLC boosted its holdings in shares of Arbor Realty Trust by 73.5% in the second quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust's stock worth $29,000 after buying an additional 1,175 shares during the period. Bessemer Group Inc. acquired a new stake in shares of Arbor Realty Trust during the first quarter valued at approximately $29,000. Quantbot Technologies LP acquired a new stake in shares of Arbor Realty Trust during the second quarter valued at approximately $46,000. Larson Financial Group LLC lifted its position in shares of Arbor Realty Trust by 98.9% in the 3rd quarter. Larson Financial Group LLC now owns 4,411 shares of the real estate investment trust's stock valued at $54,000 after acquiring an additional 2,193 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of Arbor Realty Trust by 61.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,705 shares of the real estate investment trust's stock valued at $50,000 after acquiring an additional 1,782 shares in the last quarter. Institutional investors and hedge funds own 57.25% of the company's stock. About Arbor Realty Trust. Arbor Realty Trust, Inc NYSE: ABR is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders. Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Arbor Realty Trust, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arbor Realty Trust wasn't on the list. While Arbor Realty Trust currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

California People and company news, week of august 28, 2026. * Rockefeller Group has named J.P. Harlow Senior Managing Director and Head of its West Region, based in Irvine, effective Oc. 1. He will succeed James V. Camp, who plans to retire at the end of September. Harlow was recruited to Rockefeller Group by Camp in 2023 to lead the expansion of the company's West Region to the Pacific Northwest and Northern California. * Henry Cassiday has joined JLL Capital Markets as a Senior Director in its Orange County Capital Markets team. In this role, Cassiday will advise commercial real estate owners and investors on debt and equity capitalization strategies, with a focus on structuring and placing financing solutions across the capital stack. * Dealpath, an AI-powered operating system for real estate investing, has appointed Michele Thiel as VPof Marketing. Thiel previously spent more than a decade at CoStar Group and will be based in Dealpath's San Francisco headquarters. * Ascent Developer Solutions LLC, a relationship-based lender providing customized financing strategies to top-tier real estate investors and developers, has appointed John Richardson as Chief Credit Officer. Richardson joins Ascent most recently from Arbor Realty Trust as Managing Director, Chief Credit Officer, where he managed an underwriting pipeline exceeding 500 Fannie Mae and Freddie Mac loans across approximately $5 billion in annual production. * Echelon Studios Management announced that Jamie Crosbie has joined the company as Executive Vice President, Head of Studio Operations. Crosbie will be responsible for overseeing studio operations, client and production services, and facilities. The studio services company, headquartered in Hollywood with a bi-coastal presence, will manage three purpose-built studio campuses, including one in Hollywood and two in New York City. * RentCafe has introduced Ren, a built-in AI apartment search agent available nationwide on RentCafe.com. Whether renters begin with a detailed checklist or only a general idea, they can state their priorities in everyday language. Ren keeps those criteria as renters refine their preferences and explore matching listings without rebuilding the search. * The County of Ventura has partnered with ForeFront Power, a leading developer and asset manager of commercial and industrial-scale solar energy and storage projects, to develop a 7.7 megawatt-DC (MW-DC) solar energy and storage expansion project at the Ventura County Government Center. The 7.7 MW solar and storage project includes a 5.8 MW solar canopy parking system and a 1.9 MW battery storage component installed across Parking Lots "A" - "F" at the County Government Center, making it one of the largest solar canopy and energy storage projects in California. * First American Exchange Company, a Qualified Intermediary providing a comprehensive suite of 1031 exchange services and a subsidiary of First American Title Insurance Company, today announced the launch of The 1031 Brief(TM) podcast. Published monthly and hosted by Ashley Stefan, divisional counsel for First American Exchange Company and a leading voice in the 1031 exchange industry, the podcast is designed to make complex topics more approachable and actionable for real estate investors and the professionals who advise them. Inside the story. Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years' experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local). * | People