Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 197

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 197
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.00%, with an all-in floor of 5.50%, contingent upon certain designated loans remaining in the facility through August 2025.In March 2025, we entered into a $1.15 billion repurchase facility to finance the loans primarily held in our CLOs. This facility has a 24-month reinvestment period through March 2027. The facility has an interest rate of SOFR plus 1.85% and matures at the latest maturity date of all purchased assets, which is currently February 2028. Additionally, this facility is approximately 88% non-recourse to us and has an 80% advance rate.In January 2025, we amended a $200.0 million repurchase facility to increase the facility size to $400.0 million and extend the maturity to January 2027, with a one-year extension option.Securitized DebtWe account for securitized debt transactions on our consolidated balance sheet as financing facilities. These transactions are considered VIEs for which we are the primary beneficiary and are consolidated in our financial statements. The investment grade notes and guaranteed certificates issued to third parties are treated as secured financings and are non-recourse to us.

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

Borrowings and the corresponding collateral under our securitized debt transactions are as follows ($ in thousands):DebtCollateral (3)LoansCashJune 30, 2025Face ValueCarryingValue (1)Wtd. Avg.Rate (2)UPBCarryingValueRestrictedCash (4)BTR CLO 1$491,416 $482,655 6.98 %$598,690 $596,343 $— CLO 18 (5)1,165,068 1,163,440 6.50 %1,555,321 1,553,807 — CLO 17 (5)1,271,526 1,270,345 6.21 %1,659,345 1,659,134 — CLO 16 (5)557,510 556,519 6.02 %819,854 819,367 — Total CLOs3,485,520 3,472,959 6.38 %4,633,210