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        <link:definition>0020 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/CashFlows" id="CashFlows">
        <link:definition>0040 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/DisclosureDescriptionOfBusinessFormOfOwnership" id="DisclosureDescriptionOfBusinessFormOfOwnership">
        <link:definition>1010 - Disclosure - Description of Business/Form of Ownership</link:definition>
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        <link:definition>1030 - Disclosure - Loans and Investments</link:definition>
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        <link:definition>1040 - Disclosure - Available-For-Sale Securities</link:definition>
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        <link:definition>1050 - Disclosure - Investment in Equity Affiliates</link:definition>
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        <link:definition>1060 - Disclosure - Real Estate Owned and Held-For-Sale</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/DisclosureDebtObligations" id="DisclosureDebtObligations">
        <link:definition>1070 - Disclosure - Debt Obligations</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/DisclosureDerivativeFinancialInstruments" id="DisclosureDerivativeFinancialInstruments">
        <link:definition>1080 - Disclosure - Derivative Financial Instruments</link:definition>
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        <link:definition>1090 - Disclosure - Variable Interest Entities</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/DisclosureFairValue" id="DisclosureFairValue">
        <link:definition>1100 - Disclosure - Fair Value</link:definition>
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        <link:definition>1120 - Disclosure - Equity</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/DisclosureEarningsPerShare" id="DisclosureEarningsPerShare">
        <link:definition>1130 - Disclosure - Earnings Per Share</link:definition>
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        <link:definition>1140 - Disclosure - Related Party Transactions</link:definition>
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        <link:definition>1150 - Disclosure - Distributions</link:definition>
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        <link:definition>1160 - Disclosure - Management Agreement</link:definition>
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        <link:definition>1170 - Disclosure - Due to Borrowers</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/StatementOfChangesInEquity" id="StatementOfChangesInEquity">
        <link:definition>0030 - Statement - CONSOLIDATED STATEMENT OF CHANGES IN EQUITY</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/StatementOfChangesInEquityParenthetical" id="StatementOfChangesInEquityParenthetical">
        <link:definition>0035 - Statement - CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Parenthetical)</link:definition>
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      <link:roleType roleURI="http://www.arborrealtytrust.com/role/StatementOfChangesInEquityCalc2" id="StatementOfChangesInEquityCalc2">
        <link:definition>0031 - Statement - CONSOLIDATED STATEMENT OF CHANGES IN EQUITY CALC 2</link:definition>
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        <link:definition>9999 - Document - Document and Entity Information</link:definition>
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