Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 214

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 214
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UST, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Quantitative information about Level 3 fair value measurements at June 30, 2025 is as follows ($ in thousands):Fair ValueValuation TechniquesSignificant Unobservable Inputs Financial assets:Impaired loans:Weighted AverageMinimum / MaximumMultifamily$390,517 Discounted cash flowsCapitalization rate6.07 %5.50 % - 7.00 %Land49,999 Discounted cash flowsDiscount rate21.50 %21.50 %Revenue growth rate3.00 %3.00 %Retail11,775 Sales comparativePrice per acre$165$165Derivative financial instruments:Rate lock commitments$382 Discounted cash flowsW/A discount rate13.32 %13.32 %The derivative financial instruments using Level 3 inputs are outstanding for short periods of time (generally less than 60 days). A roll-forward of Level 3 derivative instruments is as follows (in thousands): Fair Value Measurements Using Significant Unobservable InputsThree Months Ended June 30,Six Months Ended June 30,2025202420252024Derivative assets and liabilities, netBeginning balance$309 $1,071 $— $428 Settlements(10,856)(14,006)(18,678)(23,442)Realized gains recorded in earnings10,547 12,935 18,678 23,014 Unrealized gains recorded in earnings382 1,066 382 1,066 Ending balance$382 $1,066 $382 $1,066 The components of fair value and other relevant information associated with our forward sales commitments and the estimated fair value of cash flows from servicing on loans held-for-sale are as follows (in thousands):June 30, 2025Notional/Principal AmountFair Value ofServicing RightsUnrealized Impairment LossTotal Fair ValueAdjustmentRate lock commitments$35,162 $382 $— $382 Forward sale commitments309,003 — — — Loans held-for-sale, net (1)361,138 3,480 1,407 4,887 Total$3,862 $1,407 $5,269 ________________________(1)Loans held-for-sale, net are recorded at the lower of cost or market on an aggregate basis and includes fair