David Erwin Friedman net worth and biography

David Friedman Biography and Net Worth

Chief Credit Officer and Head of Non-Agency Production & Syndications of Arbor Realty Trust

David Friedman joined Arbor in February of 2022 and is responsible for leading Arbor’s loan syndicated lending platform, as well as the development of strategic partnerships for loan origination. In his current role, David establishes access to new sources of capital, as well as manages and grows existing relationships to fund Arbor’s business needs.

Bringing nearly two decades experience leading and directing syndication efforts at institutional groups, David is adept at successfully establishing and managing multiple programs. Prior to Arbor, he held leadership roles at financial powerhouses such as Greystone, TD Bank and Merrill Lynch.

David holds a Masters of Science in Real Estate Finance & Investment from NYU Schack Institute of Real Estate, as well as a Bachelors of Science in Business Administration from Babson College.

What is David Erwin Friedman's net worth?: The estimated net worth of David Erwin Friedman is at least $1.02 million as of September 5th, 2024. Mr. Friedman owns 67,511 shares of Arbor Realty Trust stock worth more than $1,021,104 as of October 30th. This net worth estimate does not reflect any other assets that Mr. Friedman may own. Learn More about David Erwin Friedman's net worth.
How do I contact David Erwin Friedman?: The corporate mailing address for Mr. Friedman and other Arbor Realty Trust executives is 333 Earle Ovington Boulevard Suite 900, UNIONDALE NY, 11553. Arbor Realty Trust can also be reached via phone at (516) 506-4200 and via email at [email protected]. Learn More on David Erwin Friedman's contact information.
Has David Erwin Friedman been buying or selling shares of Arbor Realty Trust?: David Erwin Friedman has not been actively trading shares of Arbor Realty Trust during the past quarter. Most recently, on Thursday, September 5th, David Erwin Friedman bought 1,775 shares of Arbor Realty Trust stock. The stock was acquired at an average cost of $13.09 per share, with a total value of $23,234.75. Following the completion of the transaction, the insider now directly owns 67,511 shares of the company's stock, valued at $883,718.99. Learn More on David Erwin Friedman's trading history.
Who are Arbor Realty Trust's active insiders?: Arbor Realty Trust's insider roster includes Paul Elenio (CFO), David Friedman (Chief Credit Officer and Head of Non-Agency Production & Syndications), William Green (Director), Ivan Kaufman (Founder, Chairman, and CEO), Melvin Lazar (Director), and Joseph Martello (Director). Learn More on Arbor Realty Trust's active insiders.
Are insiders buying or selling shares of Arbor Realty Trust?: In the last year, Arbor Realty Trust insiders bought shares 11 times. They purchased a total of 104,403 shares worth more than $1,284,984.12. In the last year, insiders at the real estate investment trust sold shares 1 times. They sold a total of 80,161 shares worth more than $999,607.67. The most recent insider tranaction occured on September, 5th when insider David Erwin Friedman bought 1,775 shares worth more than $23,234.75. Insiders at Arbor Realty Trust own 3.7% of the company. Learn More about insider trades at Arbor Realty Trust.
Information on this page was last updated on 9/5/2024.

David Erwin Friedman Insider Trading History at Arbor Realty Trust

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
9/5/2024	Buy	1,775	$13.09	$23,234.75	67,511

David Erwin Friedman Buying and Selling Activity at Arbor Realty Trust

Arbor Realty Trust Company Overview

Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates through Structured Business and Agency Business segments. It primarily invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related joint ventures, real estate-related notes, and various mortgage-related securities. In addition, the company offers bridge financing products to borrowers who seek short-term capital to be used in an acquisition of property; financing by making preferred equity investments in entities that directly or indirectly own real property; mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower's equity in a transaction; junior participation financing in the form of a junior participating interest in the senior debt; and financing products to borrowers who are looking to acquire conventional, workforce, and affordable single-family housing. Further, it underwrites, originates, sells, and services multifamily mortgage loans through conduit/commercial mortgage-backed securities programs. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Arbor Realty Trust, Inc. was incorporated in 2003 and is headquartered in Uniondale, New York.

Today's Range

Now: $15.17

$15.11

$15.32

50 Day Range

MA: $14.57

$13.04

$15.68

2 Week Range

Now: $15.17

$11.77

$16.35

Volume

662,060 shs

Average Volume

3,872,860 shs

Market Capitalization

$2.86 billion

P/E Ratio

10.46

Dividend Yield

11.16%

Beta

2.06

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