Excited for the Yankees to have a stretch where they look unstoppable, then struggle heavily during the summer. Then have one good round of the postseason and then look abysmal in another and then the season will end. Every year. Same story. Baseball!
It’s happening.
If you haven’t heard yet, Arbor foreclosed on $229.3M worth of multifamily real estate in Houston, TX. One of our LPs personally invested as an LP in one of these deals and his entire investment is gone. I knew about this for months but wanted to make sure it was certain before I shared. Properties owned less than a year. Details below.