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OWS WEEKLY DARTS ROUNDUP By Paul Durrant - The Leader Newspaper

OWS WEEKLY DARTS ROUNDUP By Paul Durrant - The Leader Newspaper
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Galaxy Theatre property in Atascadero facing foreclosure


Galaxy Theatre property in Atascadero facing foreclosure
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KSBY
and last updated 2021-02-26 00:49:05-05
A retail center in Atascadero which includes the Galaxy Theatre is in danger of foreclosure.
A lending group from New York has initiated a foreclosure on the Colony Square Property located on El Camino Real. The City of Atascadero has since adopted a resolution emphasizing the importance of these businesses in the community.
Movie theaters have been hit especially hard by COVID-19 restrictions that have made it impossible for some to pay rent. The property owners in turn have also struggled to keep up with mortgage payments. ....

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