Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 77

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 77
---
 all our securities.We recorded interest income (including the amortization of discount) related to these investments of $3.4 million and $7.1 million during the three and six months ended June 30, 2025, respectively, and $4.6 million and $8.3 million during the three and six months ended June 30, 2024, respectively.

23

Table of ContentsARBOR REALTY TRUST, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Note 8 — Investments in Equity Affiliates

We account for all investments in equity affiliates under the equity method. A summary of these investments is as follows (in thousands):Investments in Equity Affiliates atUPB of Loans to Equity Affiliates at June 30, 2025Equity Affiliates June 30, 2025December 31, 2024Arbor Residential Investor LLC$16,367 $23,868 $— AWC Real Estate Opportunity Partners I LP16,094 13,562 108,450 Fifth Wall Ventures15,861 14,490 — AMAC Holdings III LLC14,416 15,413 33,410 ARSR DPREF I LLC5,697 5,603 — Lightstone Value Plus REIT L.P.1,895 1,895 — The Park at Via Terrossa591 606 21,845 Docsumo Pte. Ltd.450 450 — JT Prime425 425 — West Shore Café— — 1,688 Lexford Portfolio— — — East River Portfolio— — — Total$71,796 $76,312 $165,393 Arbor Residential Investor LLC ("ARI"). We invested $9.6 million for a 50% interest in ARI, with our former manager, Arbor Commercial Mortgage, LLC (“ACM”), holding the remaining 50%. ARI was formed to hold a 50% interest in Wakefield Investment Holdings LLC (“Wakefield”), an entity that was formed with a third party to hold a controlling interest (initially 65%) in a residential mortgage banking business. During the six months ended June 30, 2025, we recorded a loss of $1.4 million and during the three and six months ended June 30, 2024,