The beleaguered Bangor Mall looks set for major changes after a lender said it has begun taking steps toward a foreclosure to be completed by March 7. A New York research company that tracks commercial loans nationwide said there's a market for brick-and-mortar malls, but cautioned that the mall's customers could see anything from a fixed-up property to a downtrodden “dead man walking” shopping center. “There are people out there looking for distressed malls,” said Manus Clancy, senior managing director of data research at Trepp, the New York-based commercial real estate data company that publishes regular reports on loans.
