Item 1.01 Entry into a Material Definitive Agreement.
On August 15, 2008, Arbor Realty Trust, Inc. (the "Company") entered into an Equity Placement Program Sales Agreement (the "Agreement") with JMP Securities LLC (the "Agent"). Pursuant to the Agreement, the Company may issue and sell through the Agent shares of its common stock and the Agent agrees to use its commercially reasonable efforts to sell such shares during the term of the Agreement and on the terms set forth therein. The Agreement contains customary representations and warranties, indemnification provisions and closing conditions. The foregoing description of the Agreement is qualified in its entirety by reference to the Agreement filed as Exhibit 1.1 to this Form 8-K and incorporated herein by reference.
The Agent may engage in transactions with, or perform services for, the Company in the ordinary course of business for which it will receive customary compensation.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits

Exhibit Number 1.1 Equity Placement Program Sales Agreement, dated August 15, 2008, by and between the Company and JMP Securities LLC.

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