X0306 5 2018-12-31 0 0 0 0001253986 ARBOR REALTY TRUST INC ABR 0000942473 KAUFMAN IVAN C/O ARBOR REALTY TRUST, INC. 333 EARLE OVINGTON BLVD., STE. 900 UNIONDALE NY 11553 1 1 1 0 COB, CEO and President Special Voting Preferred Stock, par value $0.01 per share 2018-12-14 5 G 0 125000 0.00 D 75000 D Special Voting Preferred Stock, par value $0.01 per share 14739559 I By Arbor Commercial Mortgage, LLC Special Voting Preferred Stock, par value $0.01 per share 38610 I By Arbor Management, LLC Partnership Common Units 2018-12-14 5 G 0 125000 0.00 D 2018-12-14 Common Stock, par value $0.01 per share 125000 75000 D Partnership Common Units Not applicable 14739559 I By Arbor Commercial Mortgage, LLC Partnership Common Units Not applicable 38610 I By Arbor Management, LLC In connection with estate planning, on December 14, 2018, Mr. Kaufman donated 125,000 Partnership Common Units of Arbor Realty Limited Partnership and Special Voting Preferred Shares to a donor - advised fund. Mr. Kaufman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Pursuant to the Partnership Agreement of Arbor Realty Limited Partnership, as amended and restated as of July 14, 2016, each Partnership Common Unit is redeemable at the election of the holder for the cash value of one share of Company's common stock, par value $0.01 per share (the "Common Stock"), which value is generally determined by the average of the daily closing prices for ten (10) consecutive trading days immediately preceding the date of the holder's election of redemption. In lieu of paying a redeeming holder this cash amount, the Company may elect to issue one share of Common Stock for each Partnership Common Unit surrendered for redemption. Not applicable. /s/ Ivan Kaufman 2019-02-12