Arbor Realty Trust · NYSE:ABR
Arbor Realty Trust — Q4 2021 Earnings Presentation
13 slides from Arbor Realty Trust's earnings presentation, Feb 18, 2022
Slide 1: Arbor Realty Trust Investor Presentation
ARBOR REALTY TRUST INVESTOR PRESENTATION CONFIDENTIAL February 2022
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 $2.01 per share unique annuity-based business model creating in 2021, a 15% increase over 2020 multiple high quality long-dated income streams n 10 straigh
Slide 4: Highly Diversified Originations Platform
Highly Diversified Originations Platform 2021 Originations 2020 Originations ~$16.1B ~$9.1B 9.7B 6.3B 5.0B 2.4B 1.4B 0.4B 31% 60% 69% 9% 27% 4% GSE/Agency APL Balance Sheet n $16.1 billion of volume in 2021 represents a 76% increase over our record 2020 volume of $9.1 billion n Balance Sheet origina
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 $12.2B Geographically diversified As of: 12/31/2021 Average Loan Size $21.0M Grew our loan book by 122% in 2021 W/A Loan-to-Value 76%
Slide 6: Leading Nationwide Origination and Servicing Platform
Leading Nationwide Origination and Servicing Platform n ~$51B of GSE/Agency originations since inception in 1995 n $27B 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 Platform Highlights $ in Billions $6.2B Ø Extensive in-house securitization experience closing 23 CRE securitizations $6.0 1.0 totaling $12.5 billion in assets $5.0 Ø $8.7 billion of outstanding securitizations as of December 31, 2021: $4.0
Slide 8: Annuity Based Business Model Drives Diversified Income Streams
Annuity Based Business Model Drives Diversified Income Streams Significant Our diversified Growth income streams provide ainvery ourstrong Diversified, Long- predictable earnings baseline of high-quality Dated Income Streams 1 Significant Long-dated, Predictable Annual Cash Flow 1 Other Diversified
Slide 9: Significant Growth Opportunities
Significant Growth Opportunities n We believe that the GSE/Agency segment will continue to be a significant portion of the overall GSE/Agency mortgage loans market. We had a record year in 2020 and another strong year in 2021 Business n Strong footprint with heavy focus on workforce housing and demo
Slide 10: Highly Diversified Capital Structure
Highly Diversified Capital Structure The chart below is presented pro forma for the issuance of an additional $75 million of Series F Preferred Stock in February 2022 Capital Structure ($ in M) Total Enterprise Value = $13,816 n Extensive experience with CRE CLOs n Seven outstanding nonrecourse CLOs
Slide 11: Financial Performance
Financial Performance (Amounts in 000's, except per share amounts) Year Ended 2017 2018 2019 2020 2021 Net interest income 67,189 103,171 129,541 170,249 254,082 Servicing revenue 92,244 119,214 125,647 120,365 166,170 Gain on sale, incl. fee based services, net 72,799 70,001 65,652 94,606 123,037 R
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