Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 179

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 179
---
5. Substantially all of these loans (total UPB of $746.8 million) were also modified to extend the weighted average term by 13.1 months. These modifications also include loans with a total UPB of $48.0 million in which the pay rate increases from time-to-time throughout the loans' maturities.(2)This loan was modified to reduce the interest rate to a weighted average pay rate and deferred rate of 1.00% and 5.50%, respectively, and to extend the weighted average term by 4.4 months.(3)The total UPB of these loan modifications was $804.6 million at September 30, 2025 and represented 7.04% of our total Structured Business loan and investment portfolio at September 30, 2025.(4)At September 30, 2025, modified loans with a UPB of $32.2 million have specific reserves totaling $3.6 million.(5)Includes loans with a total UPB of $473.2 million which were previously modified. Using the SOFR rate at September 30, 2025, these loans were modified from a weighted average pay rate and deferred rate of 5.86% and 1.56%, respectively, to a weighted average pay rate and deferred rate of 4.19% and 3.23%, respectively.The following table represents the UPB of loan modifications, as of the modification date, made to borrowers experiencing financial difficulty during the nine months ended September 30, 2025 (in thousands):Asset ClassPayment Deferrals With/Without Term Extensions (1)Rate Reductions With/Without Term Extensions (2)Other (3)Total (4)(5)(6)Multifamily$1,769,448 $107,000 $83,975 $1,960,423 Single-Family Rental— — 16,490 16,490 Office— 33,410 — 33,410 Total UPB$1,769,448 $140,410 $100,465 $2,010,323 ________________________(1)These loans were modified to a weighted average pay rate and deferred rate of 4.95% and 2.71%, respectively, at September 30, 2025. A portion of these loans (total UPB of $972.0 million) were also modified to extend the weighted average term by 14.