REIT & Securities
Verified Update
Filed
A shareholder sued Arbor Realty Trust and two executives in federal court, alleging they misled investors about more than $1.25 billion in troubled multifamily bridge loans.
A shareholder filed a securities fraud class action against mortgage REIT Arbor Realty Trust, Inc. (NYSE: ABR) and two senior executives on November 9, 2026 in the U.S. District Court for the Eastern District of New York, alleging violations of Section 10(b) of the Securities Exchange Act and SEC Rule 10b-5. The complaint says the company's statements about resolving more than $1.25 billion in problem loans and foreclosed properties misled investors while that pile of distressed assets kept growing.
$1.25B+ in problem loans and foreclosed properties described in the complaint; no damages figure stated
Why it matters: A second securities suit against Arbor Realty Trust over its bridge-loan book, filed after an earlier class action covering 2021-2024 was dismissed in March 2026. Shows that mortgage REITs with large bridge-loan portfolios face repeat securities exposure each time disclosed nonperforming-loan trends diverge from prior projections, independent of how an earlier class period's litigation was resolved.
Nov 9, 2026
United States District Court, Eastern District of New York
Lending & Foreclosure
Verified Update
Pending
Former owners of a 474-unit College Park, Georgia apartment complex sued Arbor Realty Trust for $175 million, alleging false refinancing promises on a bridge loan before Arbor foreclosed and an affiliate bought it.
Brothers Yisroel and Hanoch Cimerring, former owners of a 474-unit College Park, Georgia apartment complex, sued mortgage REIT Arbor Realty Trust in New York state court in late March 2026, alleging Arbor fraudulently strung them along with promises of a Fannie Mae takeout refinancing on a two-year bridge loan, then foreclosed and had an affiliated entity buy the property at auction for roughly $40 million. The Cimerrings seek $175 million in damages.
$175M sought in damages
Why it matters: Highlights the risk borrowers take when a bridge lender's informal refinancing assurances are not reduced to a binding forward commitment, and adds to a wave of borrower-side litigation against Arbor Realty Trust amid separate reported federal scrutiny of the REIT's broader loan portfolio.
Mar 27, 2026
New York State Supreme Court
