Arbor Realty Redeems $787M CLO Notes, Frees $132.3M Liquidity
ABR•Arbor Realty Trust redeemed $787 million of its legacy CLO 17 notes at par on May 15 and moved $1.21 billion of assets into two JPMorgan Chase repurchase facilities. The transaction lowers funding costs, raises leverage to 76% from 68%, and frees $132.3 million of extra liquidity while boosting returns.
1. Redemption of Legacy CLO 17
Arbor Realty Trust redeemed $787.0 million of its legacy CLO 17 notes in full at par on May 15, 2026, concluding the financing vehicle and eliminating associated funding costs.
2. Asset Transfer into Repurchase Facilities
The company transferred approximately $1.21 billion of underlying assets into two existing JPMorgan Chase repurchase facilities that offer significantly lower pricing and increased leverage capacity.
3. Financial Impact
Under the new facilities, leverage on these assets rose to roughly 76% from the former 68%, generating about $132.3 million in additional liquidity and enhancing returns through reduced funding expenses.
4. Company Profile
Arbor Realty Trust is a New York–based REIT specializing in multifamily and single-family rental lending and servicing, managing a multibillion-dollar portfolio and operating across bridge, CMBS, mezzanine, and preferred equity products.
