Arbor Realty Trust, Inc. (NYSE:ABR) Q4 2022 Earnings Call Transcript

Others had a different view. If rates start to come down, then you start to get a lower return on your cash and your escrow balance and on your floating rate loan book. But I think for 2023, I see that as a relatively attainable goal or close. After that, we will just have to see where the market goes.

Lee Cooperman : Thank you. Again, congratulations and very well deserved shout out. You guys have done a fabulous job.

Ivan Kaufman: Thank you very much for your support, Lee.

Operator: Thank you. At this time, we have no further questions in queue. I’ll turn it back to Ivan Kaufman for any additional or closing remarks.

Ivan Kaufman: Well, thank you everybody for your support in 2022. It is clearly the best year that the firm has had in what is a very challenging environment. Our management team has done a great job. Our Board is good and has great support. And thanks for all our investors for their contribution and support to our franchise. Everybody have a great day and a great weekend. Take care.

Operator: This concludes today’s call. Thank you for your participation. You may disconnect at any time.