Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 264

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 264
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 described in Note 12.

65

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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(1)Excludes the impact of deferred financing costs.

(2)See Note 14 for a breakdown of debt maturities by year. These maturity dates exclude extension options.

(3)Maturity dates represent the weighted average remaining maturity based on the underlying collateral at June 30, 2025.

(4)The $750 million As Soon as Pooled ® Plus (“ASAP”) agreement we have with Fannie Mae has no expiration date.

We utilize our credit and repurchase facilities primarily to finance our loan originations on a short-term basis prior to loan securitizations, including through CLOs. The timing, size and frequency of our securitizations impact the balances of these borrowings and produce some fluctuations. The following table provides additional information regarding the balances of our borrowings (in thousands):

Quarter EndedQuarterly Average UPBEnd of Period UPBMaximum UPB at Any Month EndJune 30, 2025$