Cordova's Parkway Place shopping center and three adjacent properties have entered into foreclosure after its owners 19 North Carolina limited liability companies defaulted on a $ 22.5 million loan, according to a first-run foreclosure notice in the Friday, Aug. 5, edition of The Daily News. The owners paid $ 29 million for the four properties in February 2007, financing the purchase with the $ 22.5 million loan through LaSalle Bank .
