0000950123-05-006314 424B4 2 20050513 20050513 ARBOR REALTY TRUST INC 0001253986 6798 200057959 MD 1231 424B4 33 333-116223 05830244 333 EARLE OVINGTON BOULEVARD SUITE 900 UNIONDALA NY 11553 5168328003 333 EARLE OVINGTON BLVD STE.900 UNIONDALE NY 11553 424B4 1 y08423b4e424b4.htm FILED PURSUANT TO RULE 424B4 GRAPHIC 2 y08423b4y0842301.gif GRAPHIC