# Brothers Sue Lender Over Foreclosure | Real Estate News

Page: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/brothers-sue-lender-over-foreclosure-real-estate-news
Text version: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/brothers-sue-lender-over-foreclosure-real-estate-news.md
Podcast: [Real Estate News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453)
Published: 2026-07-16T20:11:22+00:00
Episode link: https://sources.thednn.ai/d839fc47880b3f0c
Audio file: https://api.fastcast.ai/audio/f8ce1535-db2e-4669-b7f2-d5129be9343e.mp3
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Duration seconds: 105

## Resource

Two brothers, Yisroel and Hanoch Cimerring, are suing Arbor Realty Trust after losing their Georgia apartment complex to foreclosure — a property they’d invested $45 million in and renovated extensively. They claim Arbor promised permanent financing via a Fannie Mae-backed refinance but instead delayed, forcing them into default. Now, an Arbor affiliate bought the property at auction for far less. Arbor counters that the property was mismanaged and that they tried — but couldn’t — secure refinancing due to its deteriorating condition. The $175 million lawsuit, filed in New York, accuses Arbor of a deliberate scheme to seize the property, while Arbor seeks to dismiss the case and pursue a deficiency judgment. This high-stakes legal clash exposes the turbulent realities of commercial real estate lending. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/d839fc47880b3f0c

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