Company: ABR-PF
Filing Date: 2025-06-02
Form Type: 8-K
Source: 0001628280-25-028832
Chunk: 1

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-06-02
Form: 8-K
Item: Item 2.03
Chunk 1
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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The aggregate principal amounts of the following eleven classes of Notes (each, a “ Class”) were issued pursuant to the terms of the Indenture: (1) $200,929,000 aggregate principal amount of Class A Senior Secured Floating Rate Notes (“ Class A Notes”); (2) $200,000,000 aggregate principal amount of Class A-1R Senior Secured Revolving Floating Rate Notes (“ Class A-1R Notes”); (3) Class A-1T Senior Secured Floating Rate Notes (“ Class A-1T Notes) with an aggregate principal amount of $0 as of the Closing Date (as defined below); (4) $100,232,000 aggregate principal amount of Class A-S Secured Floating Rate Notes (“ Class A-S Notes”); (5) $60,139,000 aggregate principal amount of Class B Secured Floating Rate Notes (“ Class B Notes”); (6) $50,116,000 aggregate principal amount of Class C Secured Floating Rate Notes (“ Class C Notes”); (7) $55,128,000 aggregate principal amount of Class D Secured Floating Rate Notes (“ Class D Notes”); (8) $16,037,000 aggregate principal amount of Class E Secured Floating Rate Notes (“ Class E Notes”); (9) $40,093,000 aggregate principal amount of Class F Secured Floating Rate Notes (“ Class F Notes”); (10) $25,058,000 aggregate principal amount of Class G Secured Floating Rate Notes (“ Class G Notes” and, together with the Class F Notes and the Offered Notes, the “ Secured Notes”); and (11) $54,126,115 aggregate principal amount of Income Notes (“ Income Notes”). A portion of the Class D Notes and all of the Class E Notes were purchased by Arbor and the Class F Notes, Class G Notes and Income Notes were purchased by a consolidated subsidiary of Arbor.

As of May 30, 2025 (the “ Closing Date”), the Secured Notes are secured by a portfolio of real estate related assets and cash with a face value of approximately $583,571,984, with real estate related assets consisting primarily of first-lien mortgage construction and bridge loans secured by build-to-rent properties. Through its ownership of the equity of the Issuer, Arbor intends to own the portfolio of collateral interests