Company: ABR-PF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021683
Chunk: 40

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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 in which we have a significant influence are accounted for under the equity method. Our VIEs are described in Note 15. All significant intercompany transactions and balances have been eliminated in consolidation. Use of EstimatesThe preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that could materially affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. The ultimate impact of inflation, a currently high interest rate environment, tightening of capital markets and reduced property values, both globally and to our business, makes any estimate or assumption at March 31, 2025 inherently less certain.

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

Significant Accounting PoliciesSee Item 8 – Financial Statements and Supplementary Data in our 2024 Annual Report for a description of our significant accounting policies. There have been no significant changes to our significant accounting policies since December 31, 2024.

Note 3 — Loans and Investments

Our Structured Business loan and investment portfolio consists of ($ in thousands):March 31, 2025Percent ofTotalLoanCountWtd. Avg.Pay Rate (1)Wtd. Avg.RemainingMonths toMaturity (2)Wtd. Avg.First DollarLTV Ratio (3)Wtd. Avg.Last DollarLTV Ratio (4)Bridge loans (5)$11,057,542 96 %6276.92 %11.60 %79 %Mezzanine loans256,925 2 %607.70 %51.052 %81 %Preferred equity investments148,845 1 %276.62 %50.962 %80 %Construction - multifamily23,005 <1 %49.76 %22.40 %36 %SFR permanent loans3,076 <1 % 19.35 %7.30 %40 %Total UPB11,489,393 100 %7196.94 %13.02 %79 %Allowance for credit losses(240,937)Unearned revenue(32,831)Loans and investments, net (6)$11,215,625 December 31, 2024Bridge loans (5)$10,893,106 96 %6886.89 %11.60 %80