Company: ABR-PF
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001628280-25-007183
Chunk: 88

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 88
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 debt (3)4,632,015 4,632,015 — 2025 - 2027Senior 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 owned74,897 74,897 — 2025Structured Business total13,660,064 9,539,233 4,120,831 Agency BusinessCredit and repurchase facilities (4)1,800,328 422,876 1,377,452 2025Consolidated total$15,460,392 $9,962,109 $5,498,283 

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(1)Excludes the impact of deferred financing costs.

(2)See Note 15 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 December 31, 2024.

(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 EndDecember 31, 2024$3,412,416 $3,607,907 $3,793,231 September 30, 20243,082,185 3,264,033 3,299,414 June 30, 20243,078,714 3,167,067 3,280,998 March 31, 20243,010,216 2,921,206 3,132,279 December 31, 20233,274,139 3,242,938 3,251,330 September 30, 20233,432,725 3,398,451