December 26, 2023 – Last week, Viceroy Research published an updated surveillance report on Arbor’s CLOs, which showed mounting delinquencies across its portfolio.
This report will dive into 4 delinquent loans we have identified that Arbor have bought back from the CLO into their portfolio:
- The Graham – 250 Uvalde Road, Houston, Texas
- Oak Tree Village – 2210 Southside Boulevard, Port Royal, South Carolina
- Midwood Forest – 507 Georgia Park Avenue, Atlanta, Georgia
- Forest Creek Apartments – 4663 Waldrop Drive, Forest Park, Georgia
We reiterate that the complete lack of any real due diligence by Arbor investors and many sell side analysts continues to extend the vast information asymmetry gap to between real estate industry professionals.