Arbor Realty Trust, Inc. Appoints Caryn Effron as A Class I Director
December 07, 2021 at 04:10 pm EST
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On December 6, 2021, the Board of Directors (the “Board”) of Arbor Realty Trust, Inc. (the “Company”) increased the size of the Board from nine (9) to ten (10) members. In connection therewith, the Board appointed Caryn Effron, age 60, as a Class I director in order to fill the newly created vacancy, effective as of December 6, 2021. There was no arrangement or understanding between Ms. Effron and any other person pursuant to which Ms. Effron was appointed as a director. Ms. Effron was appointed to serve on the Corporate Governance and Compensation Committees.
Arbor Realty Trust, Inc. is a real estate investment trust. The Companyâs segments include Structured Business and Agency Business. Through its Structured Business, it invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental (SFR) and commercial real estate markets, primarily consisting of bridge loans, in addition to mezzanine loans, junior participating interests in first mortgages and preferred and direct equity. It also invests in real estate-related joint ventures and may directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. Through its Agency Business, the Company originates, sells, and services a range of multifamily finance products through Fannie Mae and Freddie Mac, Ginnie Mae, Federal Housing Authority (FHA), and Housing and Urban Development (HUD). It originates, sells, and services a range of multifamily finance products.
ARBOR REALTY TRUST, INC. 
