Arbor Realty Trust Closes a $1.05 Billion Collateralized Loan Obligation Securitization
Arbor Realty Trust (NYSE:ABR) has successfully closed a $1.05 billion commercial real estate mortgage loan securitization. The transaction includes $933 million of investment grade-rated notes and $117 million in retained subordinate interests.
The securitization features a 1.82% weighted average spread over Term SOFR and includes $123 million of capacity for additional loan acquisitions within 180 days. The facility has a 2.5-year replenishment period allowing principal proceeds reinvestment. The notes are secured by real estate assets, primarily first mortgage bridge loans, and Arbor will maintain ownership through maturity.
Arbor Realty Trust (NYSE:ABR) ha chiuso con successo una titolizzazione di mutui commerciali da $1.05 billion. La transazione include $933 million di obbligazioni con rating investment grade e $117 million di interessi subordinati trattenuti.
La cartolarizzazione presenta uno spread medio ponderato dell'1,82% sul Term SOFR e comprende $123 million di capacità per ulteriori acquisizioni di prestiti entro 180 giorni. La struttura prevede un periodo di reintegro di 2,5 anni che consente il reinvestimento dei proventi in conto capitale. Le note sono garantite da attivi immobiliari, principalmente prestiti bridge con prima ipoteca, e Arbor manterrà la proprietà fino alla scadenza.
Arbor Realty Trust (NYSE:ABR) ha cerrado con éxito una titulización de préstamos hipotecarios comerciales por $1.05 billion. La transacción incluye $933 million en títulos calificados como investment grade y $117 million en intereses subordinados retenidos.
La titulización presenta un diferencial medio ponderado del 1,82% sobre Term SOFR e incluye $123 million de capacidad para adquisiciones adicionales de préstamos dentro de 180 días. La facilidad tiene un período de reposición de 2,5 años que permite el reinvertir los ingresos de principal. Las notas están garantizadas por activos inmobiliarios, principalmente préstamos puente con primera hipoteca, y Arbor mantendrá la propiedad hasta el vencimiento.
Arbor Realty Trust (NYSE:ABR)는 $1.05 billion 규모의 상업용 부동산 담보 대출 유동화를 성공적으로 마감했습니다. 거래에는 $933 million의 투자등급 채권과 $117 million의 보유 후순위 지분이 포함됩니다.
이번 유동화는 Term SOFR 대비 1.82%의 가중평균 스프레드를 특징으로 하며, 180일 이내 추가 대출 인수를 위한 $123 million의 여력이 포함되어 있습니다. 이 시설은 원금 수익을 재투자할 수 있는 2.5년의 보충 기간을 갖습니다. 해당 채권들은 주로 1순위 담보의 브리지 대출 등 부동산 자산으로 담보되며, Arbor는 만기까지 소유를 유지할 예정입니다.
Arbor Realty Trust (NYSE:ABR) a clôturé avec succès une titrisation de prêts hypothécaires commerciaux de $1.05 billion. La transaction comprend $933 million de titres notés investment grade et $117 million d'intérêts subordonnés conservés.
La titrisation présente un écart moyen pondéré de 1,82% au‑dessus de Term SOFR et inclut $123 million de capacité pour des acquisitions supplémentaires de prêts dans les 180 jours. L'opération prévoit une période de reconstitution de 2,5 ans permettant le réinvestissement des produits du capital. Les titres sont garantis par des actifs immobiliers, principalement des prêts relais assortis d'une première hypothèque, et Arbor conservera la propriété jusqu'à l'échéance.
Arbor Realty Trust (NYSE:ABR) hat erfolgreich eine $1.05 billion Verbriefung von gewerblichen Immobilienhypothekendarlehen abgeschlossen. Die Transaktion umfasst $933 million an Investment‑Grade‑bewerteten Schuldverschreibungen und $117 million einbehaltene nachrangige Beteiligungen.
Die Verbriefung weist einen gewichteten durchschnittlichen Spread von 1,82% über Term SOFR auf und enthält $123 million an Kapazität für zusätzliche Kreditankäufe innerhalb von 180 Tagen. Die Fazilität hat einen 2,5‑jährigen Auffüllungszeitraum, der die Reinvestition von Kapitalerträgen ermöglicht. Die Notes sind durch Immobilienvermögen besichert, vorwiegend First‑Mortgage‑Bridge‑Darlehen, und Arbor wird das Eigentum bis zur Fälligkeit beibehalten.
- None.
- Increased leverage through new debt issuance
- Exposure to interest rate risk with SOFR-based pricing
Insights
ABR secured $1.05B securitization with favorable terms, strengthening liquidity while creating flexible financing for future growth.
Arbor Realty Trust has successfully closed a
The deal's 1.82% weighted average spread over Term SOFR represents competitive pricing in the current market environment. Most impressive is the two-and-a-half-year replenishment period which provides crucial operational flexibility - as loans in the collateral pool pay off, Arbor can reinvest those proceeds into new qualifying assets rather than paying down the facility immediately.
The securitization includes
By retaining the transaction on balance sheet as a financing rather than a sale, Arbor maintains economic exposure to the underlying loans while achieving matched-term financing against those assets. The combined features - investment-grade ratings from multiple agencies, ability to reinvest principal proceeds, and substantial ramp-up capacity - indicate strong market confidence in Arbor's underwriting and asset management capabilities in the commercial real estate sector.
UNIONDALE, N.Y., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced the closing of a
The Notes have an initial weighted average spread of
The offering of the investment grade-rated Notes was made pursuant to a private placement. The investment grade-rated Notes were issued under an indenture and secured initially by a portfolio of real estate related assets and cash with a face value of
Arbor intends to own the portfolio of real estate related assets through the vehicle until its maturity and expects to account for the Securitization on its balance sheet as a financing. Arbor will use the proceeds of this Securitization to repay borrowings under its current credit facilities, pay transaction expenses and fund future loans and investments.
Certain of the Notes were rated by Fitch Ratings, Inc. and all of the Notes were rated by DBRS, Inc.
The Notes are not registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Arbor Realty Trust, Inc.
Arbor Realty Trust, Inc. (NYSE: ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, single-family rental (SFR) portfolios, and other diverse commercial real estate assets. Headquartered in New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in government-sponsored enterprise products. Arbor is a leading Fannie Mae DUS® lender, Freddie Mac Optigo® Seller/Servicer and an approved FHA Multifamily Accelerated Processing (MAP) lender. Arbor’s product platform also includes bridge, CMBS, mezzanine and preferred equity loans. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its reputation for service, quality, and customized solutions with an unparalleled dedication to providing our clients excellence over the entire life of a loan.
Safe Harbor Statement
Certain items in this press release may constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Arbor can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from Arbor’s expectations include, but are not limited to, changes in economic conditions generally, and the real estate markets specifically, continued ability to source new investments, changes in interest rates and/or credit spreads, and other risks detailed in Arbor’s Annual Report on Form 10-K for the year ended December 31, 2024 and its other reports filed with the SEC. Such forward-looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Arbor’s expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.
Contact:
Arbor Realty Trust, Inc.
Investor Relations
516-506-4200
InvestorRelations@arbor.com
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