Still nothing seems that ominous.From the looks of it, and from what you say, these guys don't seem very sophisticated.

Dan Gilbert (also a huge catalyst for the city himself) moved the company from the suburbs to downtown Detroit in 2014, I believe.There are three casinos in Detroit that are big employers and tax revenue generators. 

It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.

We believe the above serves to show thatArbor’s loans are not being made to the most sophisticated or financially sound borrowers, and some of themhave already hit hard times"

It will be unlikely that a sophisticated or  knowledgeable investor would be the money partner on a deal with someone with no experience.If he instead partners with someone with experience, he can piggyback on the experienced investors success.

The key is hiring the administrator that understands beyond the typical Wall Street casino "managed funds" nonsense and into the realities of secured lending.

Adelson is something like #22 of the world's richest people or maybe richest in USA, just bought some big plots to probably build one of the worlds largest casinos....interesting as we don't allow casino gaming yet. 

We then turn everything over to the owner.If you don't know what you're doing, there are so many missteps you can make along the way and believe me there are some sophisticated scammers out there these days. 

Can conceal and carry also mate.Toledo is the place to be 😁 Guns, Reefer & Cash Flow.....If Toledo gets a River Boat Casino, I'm moving there tomorrow.

Also I would contact them to see if there funds are only accredited investors or open funds to sophisticated investors