Thursday, April 2, 2015

Cressona Mall Facing Foreclosure

The Cressona Mall is facing foreclosure.

According to the Republican Herald, Wells Fargo alleged that the owners of the mall, Cressona Associates LP, has defaulted on their mortgage.

The bank is demanding $8,797,305.81 that is owed under the loan secured by the mortgage.

Full story from the Republican Herald

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