Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 66

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 66
---
 and represented 6.2% of our total Structured Business loans and investments portfolio at June 30, 2024.(5)At June 30, 2024, modified loans with a total UPB of $84.6 million have specific reserves totaling $10.8 million.The following table represents the UPB of loan modifications, as of the modification date, made to borrowers experiencing financial difficulty during the six months ended June 30, 2024 (in thousands):Asset ClassPayment Deferrals With/Without Term Extensions (1)Term Extensions (2)Rate Reduction Without Term Extension (3)Other (4)Total (5)(6)Multifamily$1,395,124 $671,953 $18,400 $337,642 $2,423,119 Single-Family Rental74,078 — — — 74,078 Total UPB$1,469,202 $671,953 $18,400 $337,642 $2,497,197 ________________________(1)These loans were modified to a weighted average pay rate and deferred rate of 7.01% and 2.13%, respectively, at June 30, 2024. A portion of these loans with a total UPB of $999.3 million were also modified to extend the weighted average term by 19.8 months. (2)These loans were modified to extend the weighted average term by 10.0 months. (3)This loan was modified to reduce the weighted average interest rate by 0.72%.(4)These loan modifications included amending certain terms, such as reallocating and/or replenishment of reserves.(5)The total UPB of the loan modifications made during the six months ended June 30, 2024 was $2.47 billion at June 30, 2024 and represented 20.8% of our total Structured Business loans and investments portfolio at June 30, 2024.(6)At June 30, 2024, modified loans with a total UPB of $172.7 million have specific reserves totaling $27.8 million.During the three and six months ended June 30, 2025, we recorded $1.9 million and $5.7 million, respectively, of deferred interest on the loans that we modified during 2025 and $8.3 million and $17.4 million, respectively, for loans previously modified