Sign in Subscribe
Real estate industry

Arbor Realty Trust Announces Resignation of Robyn Stern and Leadership Transition

Strategic Insights

— 1 min read

Arbor Realty Trust, a real estate investment trust, has announced the resignation of Robyn Stern, Executive Vice President of Asset Management, effective immediately. Stern is leaving to pursue other professional opportunities. Mark Fogel, Senior Vice President of Asset Management, will report directly to Ron Gaither, Chief Operating Officer of Arbor Commercial Mortgage. The leadership transition comes as Arbor continues to grow its diversified portfolio of multifamily and commercial real estate related investments. Ivan Kaufman, Chairman and Chief Executive Officer, expressed confidence in the leadership of Fogel and Gaither, citing their industry expertise and experience.

Key Takeaways:

  • Robyn Stern, Executive Vice President of Asset Management, resigned from Arbor Realty Trust to pursue other opportunities.
  • Mark Fogel, Senior Vice President of Asset Management, will report directly to Ron Gaither, Chief Operating Officer of Arbor Commercial Mortgage.
  • Ron Gaither has more than 20 years of experience in the banking industry and extensive loan production, underwriting, and management expertise.
  • Mark Fogel runs the day-to-day operations of the Asset Management Department and has been with the firm for an undisclosed period.
  • Arbor Realty Trust invests in a diversified portfolio of multifamily and commercial real estate related bridge and mezzanine loans, preferred equity investments, and mortgage-related securities.
  • The company is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate finance company.

Statistics:

  • Arbor Realty Trust commenced operations in July 2003.
  • The company conducts substantially all of its operations through its operating partnership, Arbor Realty Limited Partnership.
  • Arbor has 15 offices across the United States, operating through Arbor Commercial Mortgage, LLC.
  • The company has more than 20 years of experience in the banking industry, according to Ron Gaither's bio.

Sources:

  • Press Release: "Arbor Releases Third Quarter 2020 Earnings" (Publication Date: November 12, 2020) - Arbor Realty Trust, Inc.
  • Article: "Arbor Realty Trust Announces Leadership Transition" (October 12, 2008) - PR Newswire-FirstCall.

Read more