Arbor Realty Trust, Inc. filings document the public-company disclosures of a Maryland real estate investment trust and commercial real estate lender. Its Form 8-K reports include earnings releases, Regulation FD investor presentations, dividend announcements, share repurchase activity, senior note financing and commercial real estate mortgage loan securitization agreements tied to its loan and investment portfolio.
The filing record also covers capital structure and governance matters, including common stock, Series D, Series E and Series F cumulative redeemable preferred stock, executive appointments, board changes and related employment or compensation arrangements. Proxy materials describe director elections, executive compensation, equity awards and shareholder voting matters for the company’s REIT governance framework.
Arbor Realty Trust furnished a March 2026 investor presentation outlining its strategy and recent performance as an internally managed commercial mortgage REIT focused on multifamily lending. The company operates two main platforms: structured balance sheet lending and an agency origination and servicing business.
As of December 31, 2025, Arbor reported a $12.1B structured loan portfolio and a $36.2B agency servicing portfolio generating about $129M of annual prepayment‑protected revenue. 2025 distributable earnings were $246.2M, or $1.17 per common share, with a 9.9% return on equity and $1.20 in annual common dividends.
The presentation highlights deleveraging to a 3.3x debt‑to‑equity ratio, a diversified capital structure with significant non‑recourse CLO and securitized funding, and a $3.2B unencumbered asset pool. Arbor also details plans to resolve non‑performing assets that are currently reducing annual earnings by an estimated $80M–$100M.
Arbor Realty Trust describes a nationwide commercial real estate finance platform built around two businesses: a Structured Loan Origination and Investment segment and an Agency Loan Origination and Servicing segment. The company focuses primarily on multifamily and single-family rental lending.
In the Structured Business, Arbor reports a loan and investment portfolio unpaid principal balance of $12.11 billion across 632 positions at December 31, 2025, concentrated in multifamily and single-family rental assets. The overall yield on this portfolio in 2025 was 7.60% on average assets, against a 6.94% cost of funds, and 90% of loans are floating rate.
In the Agency Business, Arbor originates, sells and services loans through Fannie Mae, Freddie Mac, HUD and private-label channels. For 2025, originations totaled $5.07 billion, with $5.10 billion of loan sales and a 138 basis point sales margin. The servicing portfolio unpaid principal balance was $36.20 billion, led by Fannie Mae loans at 66% of the total.
The company outlines detailed underwriting, credit approval, servicing and asset management processes, and it highlights key risks from elevated interest rates, pressure on commercial real estate values, rising delinquencies, loan modifications, and potential losses on risk-sharing obligations with Fannie Mae. Arbor also emphasizes its intent to maintain REIT status while using taxable REIT subsidiaries for certain Agency activities.
Arbor Realty Trust reported significantly lower results for the fourth quarter and full year 2025 but continued to grow its lending and servicing platforms. Fourth quarter net income was $14.6 million, or $0.07 per diluted common share, down from $59.8 million, or $0.32, a year earlier. Full year net income was $107.4 million, or $0.56 per diluted share, compared with $223.3 million, or $1.18, for 2024.
Distributable earnings for the quarter were $41.2 million, or $0.19 per diluted share, versus $81.6 million, or $0.40, a year earlier; for the full year they were $223.6 million, or $1.07, compared with $358.0 million, or $1.74. The board declared a quarterly cash dividend of $0.30 per common share for the quarter ended December 31, 2025.
Operationally, Arbor originated $1.63 billion of agency loans and $1.10 billion of structured loans in the quarter, and its fee-based servicing portfolio reached $36.20 billion of unpaid principal balance at December 31, 2025. The structured loan and investment portfolio had unpaid principal of $12.11 billion with a weighted average current pay rate of 6.49%. The company issued $400 million of 8.50% senior unsecured notes due 2028 and, over the year, issued $900.0 million of senior unsecured notes, repaid $557.5 million of unsecured debt and added approximately $340 million of liquidity, while also unwinding several CLO vehicles to generate additional liquidity.
ARBOR REALTY TRUST INC executive Jeff Lee filed an initial statement of beneficial ownership of securities. The Form 3 identifies him as EVP, Head of Agency Lending and reports holdings of common stock with total shares beneficially owned following the reported information shown as 0.0000.
Arbor Realty Trust executive Yonatan C. Goodman filed an initial ownership report showing he directly holds 13,500 shares of common stock. This Form 3 filing reflects his stake as EVP and COO and does not disclose any specific recent purchase or sale transactions.
Arbor Realty Trust appointed Yoni Goodman as Executive Vice President and Chief Operating Officer, effective February 17, 2026, under a new five-year employment agreement that can automatically extend for another five years. Goodman previously held senior roles at Green Pine Real Estate and Meridian Capital Group.
The agreement provides a $1,000,000 annual base salary and eligibility for annual cash bonuses with threshold, target and maximum opportunities of $1,500,000, $3,000,000 and $4,500,000, with at least $2,000,000 for 2026. Beginning in 2027, he is expected to receive annual equity awards of at least $1,000,000 in restricted stock, generally vesting over three years.
Goodman is also eligible for a multi-year performance equity package for 2026–2030, including up to $20,000,000 in restricted stock tied to new business volume and $5,000,000 of performance-based RSUs linked to total shareholder return. The agreement includes severance, vesting and COBRA benefits upon certain terminations, all conditioned on compliance with restrictive covenants.
Arbor Realty Trust, Inc. insider Ivan Kaufman reported beneficial ownership of 15,143,777 shares of common stock, representing 7.2% of the class as of the event date 12/31/2025. This filing reflects his position as a significant shareholder in the company.
Kaufman has sole voting and dispositive power over 2,123,977 shares and shared voting and dispositive power over 13,019,800 shares. The ownership includes shares held directly by him, by IK Main LLC (wholly owned and managed by Kaufman), and by Arbor Commercial Mortgage.
Arbor Commercial Mortgage, LLC reported beneficial ownership of 13,019,800 shares of Arbor Realty Trust, Inc. common stock, representing 6.2% of the outstanding class as of December 31, 2025. All of these shares are held with shared voting and shared dispositive power, with no sole voting or dispositive authority.
The filing states that Ivan Kaufman beneficially owns these 13,019,800 shares because of his direct and indirect ownership interest in Arbor Commercial Mortgage, LLC. The Schedule 13G indicates that ownership remains above the 5% reporting threshold and confirms no change to a smaller, non-reportable position.
Arbor Realty Trust, Inc. reported a planned board transition. On December 29, 2025, longtime director Joseph Martello, who has served since 2003, notified the company of his decision to retire and resign from the Board of Directors effective December 31, 2025. The company states that his resignation did not result from any disagreement regarding operations, policies, or practices.
To fill the resulting vacancy, the Board elected John Natalone as a Class II director on January 5, 2026. His appointment was not made pursuant to any arrangement or understanding with another person. The Board determined that he is not independent under applicable stock exchange listing standards and has not appointed him to any board committees. His director compensation will follow the existing program described in Arbor Realty Trust’s April 17, 2025 proxy statement.
Arbor Realty Trust, Inc. disclosed that subsidiary Arbor Realty SR, Inc. has issued and sold $400 million of 8.50% Senior Notes due December 15, 2028 in a private offering. The notes are senior unsecured obligations of the subsidiary and are fully and unconditionally guaranteed on a senior unsecured basis by the parent. Interest is payable at 8.50% per year on June 15 and December 15, beginning on June 15, 2026.
The company intends to use a portion of the net proceeds to refinance, redeem or otherwise repay its remaining outstanding 7.75% Senior Notes due 2026 and 5.00% Senior Notes due 2026, with any remainder for general corporate purposes. Before September 15, 2028, the issuer may redeem the notes at a make-whole price, or up to 40% at 108.500% using proceeds of certain equity offerings; on and after that date, it may redeem at 100% plus accrued interest. The notes include covenants on unencumbered assets, additional indebtedness and major transactions, customary events of default, and a requirement to offer to repurchase at 101% if a defined Change of Control Triggering Event occurs. The securities were sold only to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S and are not registered under the Securities Act.