Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 152

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 152
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 debt facility activities (financed loan originations were greater than facility paydowns) and net cash inflows of $109.7 million from mortgage notes payable activities (proceeds exceeded payoffs and paydowns).

Agency Business Requirements. The Agency Business is subject to supervision by certain regulatory agencies. Among other things, these agencies require us to meet certain minimum net worth, operational liquidity and restricted liquidity collateral requirements, purchase and loss obligations and compliance with reporting requirements. Our adjusted net worth and operational liquidity exceeded the agencies’ requirements at June 30, 2025. Our restricted liquidity and purchase and loss obligations were satisfied with letters of credit totaling $75.0 million and cash. See Note 14 for details about our performance regarding these requirements.

We also enter into contractual commitments with borrowers providing rate lock commitments while simultaneously entering into forward sale commitments with investors. These commitments are outstanding for short periods of time (generally less than 60 days) and are described in Note 12.

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Debt Facilities. We maintain various forms of short-term and long-term financing arrangements. Borrowings underlying these arrangements are primarily secured by a significant amount of our loans and investments and substantially all our loans held-for-sale. The following is a summary of our debt facilities ($ in thousands):

Debt InstrumentsJune 30, 2025CommitmentUPB (1)AvailableMaturity Dates (2)Structured BusinessCredit and repurchase facilities$8,685,724 $4,400,260 $4,285,464 2025 - 2028Securitized debt (3)3,523,470 3,523,470 — 2025 - 2028Senior unsecured notes1,245,000 1,245,000 — 2026 - 2028Convertible senior unsecured notes287,500 287,500 — 2025Junior subordinated notes154,336 154,336 — 2034 - 2037Mortgage notes payable - real estate owned184,618 184,618 — 2025 - 2026Structured Business total14,080,648 9,795,184 4,285,464 Agency BusinessCredit and repurchase facilities (4)1,800,000 329,860 1,470,140 2025 - 2026Consolidated total$15,880,648 $10,125,044 $5,755,604 

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