The GSH Group, a Michigan-based apartment owner and operator, has modified a tranche of loans taken out with Arbor Realty Trust as the lender works to clear distress from its books and reassure investors after reports of growing delinquencies, particularly in its collateralized loan obligations.
Arbor Realty Trust Modifies Apartment Loans With GSH Group in Exchange for Cash
Terms for $365 Million Debt Incurred in 2021 and 2022 Will Be Extended for Three Years
By Jon Leckie
CoStar News
May 7, 2024 | 8:56 P.M.
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