Sidley acted as issuer’s counsel to Arbor Realty CRE Notes 2025-BTR1, LLC, parent Arbor Realty Trust Inc., and other affiliated entities, in the establishment and issuance of a US$802 million CRE CLO securitization. Arbor Realty Trust is a nationwide real estate investment trust (REIT) and direct lender that invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States.
The assets consist of a managed portfolio of bridge commercial mortgage loans backed by real estate build-to-rent properties. The securitization is the first of its kind to include commercial real estate loans secured by properties in various stages of horizontal and vertical construction.
The Sidley team was led by partner Steven T. Kolyer (Global Finance) and included partner Eno Usoro (Global Finance), senior attorney Mark Rogers (Global Finance), and associates Simon Panitz and Michael R. Fabrizio (Global Finance), with support from partners Robert M. Kreitman (Tax) and Zuza Savoff (Tax).
