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Concerns have been raised regarding Arbor Realty's financial practices, specifically involving questionable property transactions and a lack of transparency. Critics, including analysts and short sellers, have highlighted issues such as properties being valued significantly above market rates, potentially undisclosed deals, and a 100% loan-to-value ratio. Arbor Realty, led by Ivan Kaufman and under scrutiny, has promised to disclose details of a questioned transaction in the coming months, according to a company spokesperson. This follows after an ATM filing went unnoticed.
An Arbor spokesperson has commented to Bloomberg that Arbor will disclose this fraudulent transaction in detail... in a few months. What a joke $ABR https://t.co/ySFMs7PehC https://t.co/Vzjd18IzmN
The price of $ABR is above book, assuming you believe Arbor's numbers & @viceroyresearch doesn't. ABR is undoubtedly stuffing buyers with the ATM filed when no one was watching. How many undisclosed "deals" similar to this has Arbor conducted? Fear not, we will answer... https://t.co/Uaa2KEoM9W
No wonder $ABR was able to 'survive'. Buying properties that the market would not value anywhere near par. The "entity" was even registered at Arbor's New York office! Talk about sloppy! Analysts take note, there's more to come. Basically a 100% LTV... https://t.co/E6l3jNQtrs
