Joseph  Martello net worth and biography

Joseph Martello Biography and Net Worth

Director of Arbor Realty Trust
Mr. Martello has served as one of our directors since June 2003. Since 1999, Mr. Martello has been Chief Operating Officer of Arbor Management, LLC, which is the managing member of ACM. He is responsible for management of the investment portfolio and overseeing the day-to-day operations within Arbor Management. From 1995 to 1999, Mr. Martello was Chief Financial Officer of ACM. From 1990 to 1995, Mr. Martello was the Chief Financial Officer of Arbor National Holdings, Inc., the predecessor company of ACM. Prior to that, he was a senior manager with the international accounting and consulting firm of Ernst & Young for eleven years.

As a senior executive with significant financial services experience who has served within the ACM group of companies for more than 30 years, Mr. Martello brings a breadth of knowledge about real estate matters, as well as the business and operations of the Company and ACM. This led the Board of Directors to conclude that Mr. Martello should serve as our director.

What is Joseph Martello's net worth?

The estimated net worth of Joseph Martello is at least $10.24 million as of October 30th, 2023. Mr. Martello owns 702,335 shares of Arbor Realty Trust stock worth more than $10,240,044 as of November 22nd. This net worth evaluation does not reflect any other investments that Mr. Martello may own. Learn More about Joseph Martello's net worth.

How do I contact Joseph Martello?

The corporate mailing address for Mr. Martello 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 Joseph Martello's contact information.

Has Joseph Martello been buying or selling shares of Arbor Realty Trust?

Joseph Martello has not been actively trading shares of Arbor Realty Trust in the last ninety days. Most recently, Joseph Martello sold 80,161 shares of the business's stock in a transaction on Monday, October 30th. The shares were sold at an average price of $12.47, for a transaction totalling $999,607.67. Following the completion of the sale, the director now directly owns 702,335 shares of the company's stock, valued at $8,758,117.45. Learn More on Joseph Martello'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 & 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 6 times. They purchased a total of 64,484 shares worth more than $789,612.12. 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.

Joseph Martello Insider Trading History at Arbor Realty Trust

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/30/2023Sell80,161$12.47$999,607.67702,335View SEC Filing Icon  
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Joseph Martello Buying and Selling Activity at Arbor Realty Trust

This chart shows Joseph Martello's buying and selling at Arbor Realty Trust by year and by quarter.

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Arbor Realty Trust Company Overview

Arbor Realty Trust logo
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.
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Today's Range

Now: $14.58
Low: $14.50
High: $14.73

50 Day Range

MA: $15.10
Low: $14.50
High: $15.68

2 Week Range

Now: $14.58
Low: $11.77
High: $16.35

Volume

1,501,242 shs

Average Volume

3,789,618 shs

Market Capitalization

$2.75 billion

P/E Ratio

10.80

Dividend Yield

11.66%

Beta

2.06