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Company That Sells Distressed Real Estate to Foreign Investors Files for Bankruptcy Amid Lawsuits

ABC Capital Specializes in Purchasing Distressed Properties in Baltimore and Philadelphia
The Elgrin Apartments are one of hundreds of properties ABC Capital has bought in Baltimore in the past seven years. (CoStar)
The Elgrin Apartments are one of hundreds of properties ABC Capital has bought in Baltimore in the past seven years. (CoStar)
CoStar News
November 15, 2022 | 10:27 P.M.

ABC Capital Investment, a homebuying entity specializing in selling distressed properties in Baltimore and Philadelphia to foreign investors, has filed for bankruptcy amid a series of lawsuits alleging the firm misled investors.

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