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Efforts to save Shaker Square from foreclosure continue behind the scenes Thomas Jewell, cleveland.com © Steven Litt, The Plain Dealer/The Plain Dealer/cleveland.com/TNS Officials involved in the $11 receivership action provided an update at a March 3 Zoom meeting hosted by the Shaker Square Alliance.\n CLEVELAND, Ohio An allied effort continues in the fight to save Shaker Square from foreclosure. Popular Searches The landmark retail district remains in court-ordered receivership after its current owner, The Coral Company, defaulted on a $10.6 million mortgage payment last year. That status won’t likely be changing any time soon, Joy Johnson executive director of Burten, Bell, Carr Development noted in a March 3 update to the Shaker Square Alliance.

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