Arbor Veep Resigns

Arbor Realty Trust Inc., a real estate investment trust based in Uniondale, N.Y., has reported the resignation of Daniel M. Palmier as executive vice president of asset management.Mr. Palmier resigned June 11 to "pursue other professional opportunities," the REIT said. The asset management group will report to Ivan Kaufman, Arbor's chairman and chief executive officer, until a permanent replacement is found. The REIT focuses on investments in real-estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities, and other real-estate-related assets.