Foreclosure Notice - 2502 Babcock Rd, San Antonio, 78229 - 09/01/2026
The properties may be occupied; do not disturb the occupants.
Address
Auction Date
Foreclosure
Appraised
Year Built
Lien
Sq. Ft.
Prop Type
Address
Foreclosure
Year Built
Prop Type
2502 Babcock Rd
09/01/2026
mortgage
$23,912,370
-
-
MULTIFAMILY OVER 4 UNITS
2502 Babcock Rd
mortgage
-
MULTIFAMILY OVER 4 UNITS
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
NCB 11609 BLK B LOT 17
Links
Additional info
Appraised Value:  $23,912,370
Year Built:  
Lien Amount:  
Improvement Area:   sq.ft.
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Foreclosure Notice*
Doc# 20260900362 08/11/2026 12:13 PM Page 1 of 5 Lucy Adame-Clark, Bexar County Clerk OO NOTICE OF TRUSTEE’S SALE AND APPOINTMENT OF SUBSTITUTE TRUSTEE STATE OF TEXAS § § KNOW ALL PERSONS BY THESE PRESENTS COUNTY OF BEXAR § WHEREAS, RESIDENCES AT SA MED LLC, a Delaware limited liability company (“Borrower”), became indebted to Arbor Realty SR, Inc., a Maryland corporation (“Lender”), pursuant to the terms of a certain Loan Agreement (as may be amended from time to time, the “Loan Agreement”) and as evidenced by that certain Promissory Note dated February 14, 2022 in the principal amount of TWENTY-SIX MILLION SIX HUNDRED FIFTY THOUSAND and NO/100 DOLLARS ($26,650,000.00) (the “Promissory Note”), executed and delivered by Borrower to the order of Lender, as payee, bearing interest and being due and payable as therein provided, and said Promissory Note and all liens, security interests and assignments securing same having been assigned to ARBOR REALTY COMMERCIAL REAL ESTATE NOTES 2022-FL1, LTD., An exempted company incorporated in the Cayman Islands with limited liability (the “Holder”); WHEREAS, the indebtedness evidenced by the Promissory Note is secured by, among other things, certain liens, security interests and assignments, evidenced by, among other things, that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing dated February 14, 2022, naming Sam Smith as Trustee, for the benefit of Lender and/or its assigns, duly recorded on February 14, 2022, as Instrument No. 20220037759 of the Official Public Records of Bexar County, Texas, as amended and restated by that certain Amended and Restated Fee and Leasehold Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, dated February 14, 2025, and recorded February 14, 2025, given by (i) Borrower, as leasehold grantor, and (ii) THE CAMERON COUNTY HOUSING FINANCE CORPORATION, as fee grantor, naming Jay C. Paxton as Trustee, for the benefit of Holder, as instrument No. 20250027053 of the Official Public Records of Bexar County, Texas (as amended and restated, the “Deed of Trust”), covering the property described in Exhibit A attached hereto and made a part hereof by reference for all purposes, together with ali appurtenances, buildings, structures, fixtures, personal property, and improvements on, in and under said real property, including without limitation any and all rights to the present or future use of wastewater, wastewater capacity, drainage, water or other utility facilities to the extent same pertain to or benefit all or any portion of said real property, including without limitation all reservations or commitments or letters covering any such use in the future, whether now or hereafter acquired, and any leases and rents relating thereto, which are described therein (all of which is hereinafter referred to as the “Property”); WHEREAS, the Promissory Note and the Deed of Trust and all other documents securing the Promissory Note are now held by the Holder (hereinafter referred to as “Beneficiary”), having an address c/o Sheppard Mullin, Richter & Hampton LLP, 2200 Ross Avenue, 20'" Floor, Dallas, Texas 75201; WHEREAS, events of default have occurred as a result of the Borrower’s failure to make the required monthly payments on the Loan due on the Payment Dates under the Loan Agreement -|- Doc# 20260900362 08/11/2026 12:13 PM Page 2 of 5 Lucy Adame-Clark, Bexar County Clerk and Promissory Note, with the performance of such payment obligations and indebtedness being secured by the Deed of Trust, and because of such default, Beneficiary, as the owner and holder of the Promissory Note and the Deed of Trust, has requested Substitute Trustee to sell the Property, WHEREAS, to the extent the Deed of Trust encumbers both real and personal property, formal notice is hereby given of Beneficiary’s election to proceed against and sell both the real property and any personal property described in the Deed of Trust in accordance with Beneficiary’s tights and remedies under the Deed of Trust and Section 9.604(a) of the Texas Business and Commerce Code; WHEREAS, pursuant to the authority granted in the Deed of Trust and in accordance with the Texas Property Code, Beneficiary has appointed each of the undersigned as “Substitute Trustee” under the Deed of Trust pursuant to duly authorized and executed appointment document; WHEREAS, Beneficiary has requested the undersigned Substitute Trustee to enforce the liens of the Deed of Trust by sale of the Property in the manner set forth under the terms of the Deed of Trust and pursuant to applicable Texas law; and WHEREAS, the undersigned, Substitute Trustee, acting upon the request of said Beneficiary, by these presents is hereby posting, filing and giving notice of the foreclosure of the Deed of Trust and the lien thereof in accordance with applicable Texas law and the terms and provisions of the Deed of Trust. NOW, THEREFORE, pursuant to authority conferred upon each of us by the Deed of Trust, we, the undersigned duly appointed Substitute Trustee under said Deed of Trust or another such duly appointed Substitute Trustee or Successor Substitute Trustee under said Deed of Trust, having an address c/o Sheppard, Mullin, Richter & Hampton LLP, 2200 Ross Avenue, 20" Floor, Dallas, Texas 75201, in order to satisfy the indebtedness secured thereby and at the request of Beneficiary, the owner and holder of said indebtedness, default having been made in the payment of the Promissory Note and said indebtedness and/or default having been made under the covenants set out in the said Deed of Trust, will sell the Property on Tuesday, September 1, 2026, at a time commencing not earlier than 10:00 AM and no later than 1:00 PM, to the highest bidder for cash (except that Beneficiary’s bid may be by credit against the indebtedness secured by the lien of the Deed of Trust) at the area designated by the Bexar County Commissioner’s Court as the area where non-judicial foreclosures shall take place, and more specifically the west side of the Bexar County Courthouse located at 100 Dolorosa, San Antonio, Texas, 78205, pursuant to Section 51.002 of the Texas Property Code, as the area where non-judicial foreclosures shall take place. THE SALE OF THE PROPERTY IS “AS IS” AND “WHERE IS” AND WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND BY THE SUBSTITUTE TRUSTEES), EXPRESS, IMPLIED, STATUTORY, QUASI-STATUTORY OR OTHERWISE, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE BEING EXPRESSLY DISCLAIMED. NEITHER THE HOLDER OF THE PROMISSORY NOTE NOR THE SUBSTITUTE TRUSTEE(S) MAKE(S) ANY REPRESENTATIONS OR WARRANTIES WITH RESPECT TO COMPLIANCE WITH LAWS, RULES, AGREEMENTS OR SPECIFICATIONS, NOR WITH RESPECT TO CONDITION, QUALITY, CAPACITY, DESIGN, OPERATION, ABSENCE OF ANY LATENT DEFECTS OR ANY OTHER -2- Doc# 20260900362 08/11/2026 12:13 PM Page 3 of 5 Lucy Adame-Clark, Bexar County Clerk WARRANTY OR REPRESENTATION WHATSOEVER WITH RESPECT TO THE PROPERTY, ALL OF WHICH ARE EXPRESSLY WAIVED BY PURCHASER. PURSUANT TO SECTION 51.0075(A) OF THE TEXAS PROPERTY CODE, SUBSTITUTE TRUSTEE RESERVES THE RIGHT TO SET FURTHER REASONABLE CONDITIONS FOR CONDUCTING SUCH SALE CONTEMPLATED BY THIS NOTICE. ANY SUCH FURTHER CONDITIONS SHALL BE ANNOUNCED BEFORE BIDDING IS OPENED FOR THE FIRST SALE OF THE DAY BY SUBSTITUTE TRUSTEE. ASSERT AND PROTECT YOUR RIGHTS AS A MEMBER OF THE ARMED FORCES OF THE UNITED STATES. IF YOU OR YOUR SPOUSE IS SERVING ON ACTIVE MILITARY DUTY, INCLUDING ACTIVE MILITARY DUTY AS A MEMBER OF THE TEXAS NATIONAL GUARD OR THE NATIONAL GUARD OF ANOTHER STATE OR AS A MEMBER OF A RESERVE COMPONENT OF THE ARMED FORCES OF THE UNITED STATES, PLEASE SEND WRITTEN NOTICE OF THE ACTIVE DUTY MILITARY SERVICE TO THE HOLDER IMMEDIATELY. THIS INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEE(S) IDENTIFIED BELOW TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE THE PERSON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED AGENT OF THE MORTGAGEE OR MORTGAGE SERVICER. [SIGNATURE PAGE FOLLOWS] Doc# 20260900362 08/11/2026 12:13 PM Page 4 of 5 Lucy Adame-Clark, Bexar County Clerk In accordance with Section 51.0076 of the Texas Property Code, the undersigned attorney has named and appointed, and by these presents does name and appoint the following attorneys at law as Substitute Trustee to act under and by virtue of said Deed of Trust: AMANDA COTTRELL CHRISTINA KOENIG KELLY VAZHAPPILLY MARISSA BAIRD LAURYN VIGIL GRAYDON COWAN CHARLES SPIEGEL EXECUTED AND EFFECTIVE AUGUST 11, 2026. if B } i uaa Coletl Sheppard, Mullin, Richter & Hampton LLP 2200 Ross Avenue, 20" Floor Dallas, Texas 75201 4 Doc# 20260900362 08/11/2026 12:13 PM Page 5 of 5 Lucy Adame-Clark, Bexar County Clerk EXHIBIT A LEGAL DESCRIPTION LOT 17, BLOCK B, NEW CITY BLOCK 11609, WINDRIDGE APARTMENTS, AN ADDITION TO THE CITY OF SAN ANTONIO, BEXAR COUNTY, TEXAS, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 9300, PAGE 116, DEED AND PLAT RECORDS, BEXAR COUNTY, TEXAS. FILE INFORMATION Document Number: 20260900362 Date/Time: 8/11/2026 12:13:08 PM Total Pages: 5 FILED IN THE OFFICIAL PUBLIC RECORDS OF BEXAR COUNTY LUCY ADAME — CLARK BEXAR COUNTY CLERK Total Fees: $2.00 EXHIBIT A
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