Arbor Realty reiterates ‘confidence’ in financials, business practices

The company said, “Following recent news reports, Arbor Realty Trust is issuing this announcement to reiterate that its financials and business practices have been and are compliant with all of its accounting and regulatory obligations. As it has throughout its history, Arbor continues to conduct its business operations and practices in the best interest of its shareholders and consistent with its obligations to its broader stakeholders. Arbor complies with all notice and disclosure obligations and other terms of its CLO agreements. Arbor also complies with all of its disclosure and reporting obligations, including those relating to its second quarter activities. Arbor’s annual financial statements are audited by an independent auditor and its quarterly reports are also reviewed by its external auditor. Arbor stands behind its accounting, as well as its originating and investing practices. Further, Arbor’s policy and practice is to cooperate with its regulators. Arbor looks forward to discussing its second quarter performance in its upcoming earnings call in early August.”