Arbor Realty Trust Schedules Fourth Quarter 2006 Earnings Date

1 January 1970

Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related securities and other real estate related assets, today announced that the Company is scheduled to release financial results for the three months ended December 31, 2006, before market open on Friday, February 9, 2007. The Company will host a conference call to review the results at 10:00 a.m. ET.

A live webcast of the conference call will be available online at http://www.arborrealtytrust.com/ in the investor relations area of the Web site. Web participants are encouraged to go to the Web site at least 15 minutes prior to the start of the call to register, download, and install any necessary audio software. Listening to the webcast requires speakers and RealPlayer(TM) software, downloadable free at http://www.real.com. Those without Web access should access the call telephonically at least ten minutes prior to the conference call. The dial-in numbers are (866) 510-0676 for domestic callers and (617) 597-5361 for international callers. Please use participant passcode 71581707.

After the live webcast, the call will remain available on the Company's Web site, http://www.arborrealtytrust.com, through February 16, 2007. In addition, a telephonic replay of the call will be available until February 16, 2007. The replay dial-in number is (888) 286-8010 for domestic callers and (617) 801-6888 for international callers. Please use passcode 51460689.

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. is a real estate investment trust which invests in a diversified portfolio of multi-family and commercial real estate related bridge and mezzanine loans, preferred equity investments, mortgage related securities and other real estate related assets. Arbor commenced operations in July 2003 and conducts substantially all of its operations through its operating partnership, Arbor Realty Limited Partnership and its subsidiaries. Arbor is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate finance company operating through 11 sales and origination support offices in the US that specializes in debt and equity financing for multi-family and commercial real estate.

Safe Harbor Statement

Certain items in this press release may constitute forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Arbor can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from Arbor's expectations include, but are not limited to, continued ability to source new investments, changes in interest rates and/or credit spreads, changes in the real estate markets, and other risks detailed in the Arbor's Annual Report on Form 10-K for the year ended December 31, 2005 and its other reports filed with the SEC. Such forward-looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Arbor's expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.

Contacts: Investors:

Arbor Realty Trust, Inc. Stephanie Carrington/ Denise Roche

Paul Elenio, Chief Financial Officer The Ruth Group

516-832-7422 646-536-7017 / 7008

pelenio@arbor.com scarrington@theruthgroup.com

droche@theruthgroup.com

Media:

Bonnie Habyan, SVP of Marketing

516-229-6615

bhabyan@arbor.com

Source: prnewswire

All trademarks and copyrighted information contained herein are the property of their respective owners.