FORT COLLINS The owners of the Foothills mall have been actively listing the mall since September, just more than a month before it defaulted on its construction loan, court documents show.
A judge ordered the 620,000-square-foot mall’s operations to be taken over by Greenwood Village-based Cordes & Co. LLP late last week, according to state court records.
The order was not contested by Foothills’ co-owners Alberta Development Partners LLC and Walton Street Capital, which both signed a cooperation agreement with MUFG Union Bank N.A. in early December days before the bank
filed suit to place the property into receivership weeks ago.