Company: ABR-PF
Filing Date: 2025-08-12
Form Type: 8-K
Source: 0001253986-25-000017
Chunk: 1

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-12
Form: 8-K
Item: Item 2.03
Chunk 1
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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The aggregate principal amounts of the following nine classes of Notes (each, a “ Class”) were issued pursuant to the terms of the Indenture: (1) $577,500,000 aggregate principal amount of Class A Senior Secured Floating Rate Notes (“ Class A Notes”); (2) $168,000,000 aggregate principal amount of Class A-S Secured Floating Rate Notes (“ Class A-S Notes”); (3) $69,562,000 aggregate principal amount of Class B Secured Floating Rate Notes (“ Class B Notes”); (4) $51,188,000 aggregate principal amount of Class C Secured Floating Rate Notes (“ Class C Notes”); (5) $42,000,000 aggregate principal amount of Class D Secured Floating Rate Notes (“ Class D Notes”); (6) $24,937,000 aggregate principal amount of Class E Secured Floating Rate Notes (“ Class E Notes”); (7) $42,000,000 aggregate principal amount of Class F Secured Floating Rate Notes (“ Class F Notes”); (8) $22,313,000 aggregate principal amount of Class G Secured Floating Rate Notes (“ Class G Notes” and, together with the Class F Notes and the Offered Notes, the “ Secured Notes”); and (9) $52,500,000 aggregate principal amount of Income Notes (“ Income Notes”). The Class F Notes, Class G Notes and Income Notes were purchased by a consolidated subsidiary of Arbor.

As of August 12, 2025 (the “ Closing Date”), the Secured Notes are secured by a portfolio of real estate related assets and cash with a face value of approximately $1,050,000,000, with real estate related assets consisting primarily of first-lien mortgage bridge loans. Through its ownership of the equity of the Issuer, Arbor intends to own the portfolio of collateral interests until its maturity and will account for the issuance of the Offered Notes on its balance sheet as a financing. The financing has a replenishment period of approximately two years and six months that allows the principal proceeds and sale proceeds (if any) of the collateral interests to be reinvested in qualifying replacement collateral interests, subject to the satisfaction of certain conditions set forth in the Indenture. The proceeds of the issuance of the securities also includes $123,235,425 for the purpose of acquiring additional collateral