SVN Summit Real Estate expands north into Cleveland via Voinovich partnership
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Coventry Towne Plaza sold to group led by Paran Management
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Shaker Square s distress rallies the community, poses challenges for potential buyers
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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.
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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.