Bancorp: Struggling Biotech Firm Steps in as Prospective Buyer of Foreclosed Aubrey Multifamily Property After Original Purchaser Twice Delayed Purchase

Published on May 29, 2025

After The Bancorp (TBBK) failed to offload a 436-unit multifamily foreclosed property in Houston to the original prospective buyer, an unlikely purchaser—a flailing biotech firm—has acquired the right to close the deal.

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