Arbor Realty Trust, Inc. Appoints Kenneth J. Bacon as Director, Audit Committee and Corporate Governance Committee
April 02, 2020 at 04:17 pm
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On April 1, 2020, the Board of Directors (the “Board”) of Arbor Realty Trust, Inc. appointed Kenneth J. Bacon as a Class III director, effective as of April 1, 2020. There was no arrangement or understanding between Mr. Bacon and any other person pursuant to which Mr. Bacon was appointed as a director. Mr. Bacon was also appointed to serve on the Audit Committee and Corporate Governance Committee.
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. 
