Arbor Realty Trust posts profit in 2012

Arbor Realty Trust (ABR) reported a net income of $21.5 million, or $0.79 per share in 2012, compared to a net loss of $40.3 million, or $1.61 per share from last year, according to the company’s earnings report.  

The balance of the company’s loan and investment portfolio remained relatively unchanged compared to the third quarter of 2012 at $1.6 billion. 

Arbor Realty originated $274.5 million of new loans and also generated $85.3 million in cash from runoff. 

Additionally, the company purchased $157.7 million in residential mortgage-backed securities. 

On Jan. 28, Arbor Realty completed its second collateralized loan obligation, totaling $260 million of real estate-related assets. 

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Click here to read the full earnings report. 

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