Arbor Realty Trust announced that it redeemed in full and at par $787 million of outstanding notes tied to its legacy CLO 17 transaction on May 15, 2026. In connection with the redemption, the company transferred approximately $1.21 billion of assets into two existing repurchase facilities with JPMorgan Chase Bank, N.A., securing improved financing terms and enhanced leverage.
The new repurchase facilities provide pricing that is significantly lower than the prior CLO 17 structure while increasing leverage to approximately 76%, compared to roughly 68% before the redemption. As a result, Arbor generated approximately $132.3 million in additional liquidity and improved returns on the transferred assets through lower pricing and enhanced leverage.
Arbor Realty Trust is a nationwide real estate investment trust and direct lender focused on loan origination and servicing for multifamily, single-family rental portfolios, and other commercial real estate assets. Headquartered in New York, the company manages a multibillion-dollar servicing portfolio and specializes in government-sponsored enterprise lending products. Arbor also provides bridge, CMBS, mezzanine, and preferred equity loans.
