When Northwood Investors bought the Sears building at Northgate Mall in Durham in June, the New York-based real estate investment company didn't stop at just acquiring the property of a struggling legacy retailer. Northwood, a firm with around $ 7 billion of assets and properties around the world, also scooped up two large promissory notes, on which the mall owed millions of dollars.

Foreclosure News

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *