Arbor Realty Trust · NYSE:ABR
Arbor Realty Trust — Q3 2021 Earnings Presentation
13 slides from Arbor Realty Trust's earnings presentation, Oct 29, 2021
Slide 1: Arbor Realty Trust Investor Presentation
ARBOR REALTY TRUST INVESTOR PRESENTATION CONFIDENTIAL November 2021
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain items in this presentation may constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including information about possible, anticipated or assumed future results of our busin
Slide 3: Company Overview and Recent Highlights
Arbor Realty Trust Company Overview Recent Highlights n Internally managed multifamily focused REIT with a n Generated distributable earnings of $1.46 per share unique annuity-based business model creating in 9M21, a 16% increase over 9M20 multiple high quality long-dated income streams n 10 straigh
Slide 4: Highly Diversified Originations Platform
Highly Diversified Originations Platform 9M21 Originations Annualized 2020 Originations ~$13.2B* ~$9.1B $7.2B $6.3B $4.5B $2.4B $1.5B $0.4B 34% 55% 27% 69% 11% 4% GSE/Agency APL Balance Sheet n $13.2 billion of volume in 2021 represents a 45% increase over our record 2020 volume of $9.1 billion n Ba
Slide 5: Balance Sheet Loan Portfolio Composition
Balance Sheet Loan Portfolio Composition Primary focus on stable multifamily, senior loans Portfolio Overview Generates strong leveraged returns Total Portfolio $9.2B As of: 09/30/2021 Geographically diversified Average Loan Size $19.3M Grew our loan book by 67% in first nine months of 2021 W/A
Slide 6: Leading Nationwide Origination and Servicing Platform
Leading Nationwide Origination and Servicing Platform n ~$49B of GSE/Agency originations since inception in 1995 n $26B servicing portfolio, 100% focused on multifamily n Highly scalable and difficult to replicate platform n Generates significant prepayment protection income n Focus on small balance
Slide 7: Industry Leading Securitization Platform
Industry Leading Securitization Platform Assets Securitized 2020-2021 Platform Attributes $ in Billions $4.1B 1 Ø Extensive in-house securitization experience closing 22 CRE securitizations to date totaling $10.4 billion in assets 1 $4.0 $1.0 $3.5 Ø $7.4 billion of outstanding securitizations $3.0 a
Slide 8: Unique Business Model Drives Growth in Diversified Long-Dated Income Streams
Unique Business Model Drives Growth in Diversified Long-Dated Income Streams 1 Significant Considerable Growth growth in ourincome in our diversified Diversified, Long- a very strong streams providing Dated baseline Income of high Streamsearnings quality predictable 1 Net Interest Income 2 Servicing
Slide 9: Significant Growth Opportunities
Significant Growth Opportunities n We believe that the GSE/Agency-backed loans segment will continue to be a significant portion of the GSE/Agency overall mortgage loans market. We had a record year in 2020 and a strong first nine months of 2021 Business n Strong footprint and demonstrated ability t
Slide 10: Highly Diversified Capital Structure
Highly Diversified Capital Structure The chart below is presented pro forma for the issuance of $201 million of series F preferred stock in October Capital Structure ($ in M) Total Enterprise Value = $10,927 n Extensive experience with CRE CLOs n Seven outstanding nonrecourse CLOs n Match-funded wit
Slide 11: Financial Performance
Financial Performance (Amounts in 000's, except per share amounts) Year Ended Quarter Ended YTD 2018 2019 2020 Mar-2021 Jun-2021 Sep-2021 Sep-2021 Net interest income 103,171 129,541 170,249 48,960 58,770 69,920 177,650 Servicing revenue 119,214 125,647 120,365 33,567 35,613 43,845 113,025 Gain on s
Slide 12: Appendix
APPENDIX iy ARBOR ARBOR REALTY TRUST, INC.
Slide 13: Best-in-Class, Highly Aligned Management Team
Best-in-Class, Highly Aligned Management Team Best-in-class ✓ Internalized, highly aligned management team with ✓ Industry-leading expertise with deep-rooted ✓ Deep bench of talented employees ✓ underwriting and significant ownership relationships across origination capabilities commercial real esta