Recent Updates — ABR-PD

Arbor Realty Trust closed an $825 million commercial real estate mortgage loan securitization on August 11, 2026. The transaction involved issuing $730.125 million in investment grade-rated notes and $94.875 million in below investment grade-rated notes via a private placement. Consolidated subsidiaries of Arbor purchased $112.407 million of the subordinate notes. Proceeds will repay current credit facility borrowings, pay transaction expenses, and fund future loans. The collateral consists primarily of first-lien mortgage bridge loans with an initial weighted average interest rate of 1.76% plus Term SOFR. Arbor Realty Trust is a real estate investment trust and direct lender specializing in multifamily, single-family rental, and commercial real estate loan origination and servicing.

Arbor Realty Trust filed an 8-K to furnish an investor presentation dated July 2026. The filing discloses that the company successfully unwound CLO 17, generating approximately $132 million in cash, and entered into two new CLOs totaling $1.9 billion at 89% leverage, which provided $120 million in liquidity. Additionally, Arbor completed a $375 million upsized offering of 6.25% convertible senior notes due 2029, using proceeds to repurchase $114 million of common stock and repay $270 million of senior notes. The presentation highlights a deleveraged debt-to-equity ratio of 3.5x, a $36.7 billion GSE servicing portfolio generating ~$128 million in annual revenue, and a structured loan portfolio of $12.1 billion as of June 30, 2026. Arbor Realty Trust operates as an internally-managed commercial mortgage REIT with platforms for structured loan origination and agency loan servicing.