If you invested in Arbor and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses »

CLASS PERIOD
N/A

LEAD PLAINTIFF DEADLINE
N/A

STOCK SYMBOL
NYSE: ABR

CONTACT
844-916-0895
ABR@hbsslaw.com

 

On Dec. 5, 2023, after purportedly receiving information from “whistleblowers” regarding distressed Arbor deals and underlying assets, hedge fund Viceroy released a second research report on the company entitled, “Arbor – Jacksonville Case Study.”

Viceroy’s Dec. 5 report highlights three multifamily properties in the Jacksonville, Florida area encumbered by Arbor loans, which the hedge fund submits have property values likely below Arbor’s loan balances.

The hedge fund states, “Viceroy’s dive into Arbor’s CLOs suggests its entire loan book is distressed and underlying collateral is vastly overstated. These loans do not qualify for refinancing anywhere, and substantially all mature within the next 18 months.”

Viceroy concludes, “We believe Arbor is a donut. $0.00.”

Viceroy’s dive into Arbor’s Jacksonville portfolio follows its initial report published on Nov. 17, 2023 entitled “Arbor Realty Trust – Slumlord Millionaires.”

In that report, Viceroy concluded: “Arbor’s high-risk multifamily bridge loans, which comprise substantially all of its asset book, are going bad fast… The end is near.”

Following the release of both reports, the price of Arbor Realty’s shares sharply fell.

Media Images
Image

Hagens Berman purchases advertisements on search engines, social media sites and other websites. Transmission of the information contained or available through this website is not intended to create, and receipt does not constitute, an attorney-client relationship. If you seek legal advice or representation by Hagens Berman, you must first enter a formal agreement. All information contained in any transmission is confidential and Hagens Berman agrees to protect information against unauthorized use, publication or disclosure. This site is regulated by the Washington Rules of Professional Conduct.