Arbor Realty Trust (ABR) -5.3% premarket after announcing an offering of 3.5M shares of common...

|About: Arbor Realty Trust, Inc. (ABR)|By:, SA News Editor

Arbor Realty Trust (ABR) -5.3% premarket after announcing an offering of 3.5M shares of common stock at $5.80/share. The REIT is looking to raise funds to make investments, pay liabilities and for general corporate purposes.