Arbor Realty Trust
Update
08/01/23
Arbor Realty Trust Expands Presence in Boston, Opening Office in Historically Significant Building
Arbor Realty Trust (NYSE:ABR) announces a new and larger office location at 501 Boylston St., a historically significant Class A property close to Copley Square in Boston's lively Back Bay neighborhood.
Arbor, which has 15 offices in cities across the United States, moved its 88-member Boston team from 1 Lincoln St. in expectation of the team's expansion and growth, and with the recognition that Boston's thriving economy and talent pool is also creating opportunities in our core business of multifamily lending. Boston has had 8.5% annual rent growth through April 2023 and is presently the third-tightest multifamily rental market in the United States, our proprietary research reveals.
This past Friday, Arbor Realty Trust reported an outstanding second quarter and a dividend increase to $0.43, reflecting a 12th increase in the last 14 quarters.
