Arbor Realty moves to foreclose on 372-unit, Park North Apartments, in Houston after Inman Equities $56M default

5/23/2024

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Bisnow

• Subcategory: MF: Market Rate

• Tag: Foreclosure

• Additional Filters-Subcategory: MF: Garden

• Company: Arbor Realty Trust (NYSE: ABR)

Arbor Realty Trust is moving to foreclose on yet another Houston multifamily complex after the borrower defaulted on a $56.27M loan, according to public records. Arbor issued the loan to Life at Springs Estates Property Owner LLC in May 2022, records show. The LLC is tied to Inman Equities, a Nashville-based private equity real estate firm led by Benjamin Inman.