{"id":37001,"date":"2015-09-16T00:18:02","date_gmt":"2015-09-16T04:18:02","guid":{"rendered":"http:\/\/thelehighacresgazette.com\/news\/?p=37001"},"modified":"2015-09-16T00:18:02","modified_gmt":"2015-09-16T04:18:02","slug":"owners-of-gulf-coast-town-center-face-foreclosure","status":"publish","type":"post","link":"https:\/\/thelehighacresgazette.com\/news\/2015\/09\/owners-of-gulf-coast-town-center-face-foreclosure\/","title":{"rendered":"Owners Of Gulf Coast <br>Town Center Face Foreclosure"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-37002\" title=\"GCTC\" src=\"http:\/\/thelehighacresgazette.com\/news\/wp-content\/uploads\/2015\/09\/GCTC-300x138.jpg\" alt=\"\" width=\"300\" height=\"138\" srcset=\"https:\/\/thelehighacresgazette.com\/news\/wp-content\/uploads\/2015\/09\/GCTC-300x138.jpg 300w, https:\/\/thelehighacresgazette.com\/news\/wp-content\/uploads\/2015\/09\/GCTC.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>One of Southwest Florida\u2019s largest shopping centers is facing foreclosure.<\/p>\n<p>Wells Fargo filed against the owners of Gulf Coast Town Center.\u00a0The company is more than $190 million in debt. The 900 page file shows the company failed to pay off its loan.<\/p>\n<p>Gulf Coast Town Center is home to more than 90 stores, not including brand new outparcels which opened up in the last few years. Tenants say rent is expensive; they say they\u2019ve heard rumors about issues with the owners and they\u2019re not sure how foreclosure would affect business.<\/p>\n<p>Must likely the court will appoint receiver which would likely be placed in charge and leases would not be affected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of Southwest Florida\u2019s largest shopping centers is facing foreclosure. Wells Fargo filed against the owners of Gulf Coast Town Center.\u00a0The company is more than $190 million in debt. The&hellip; <\/p>\n","protected":false},"author":8,"featured_media":37002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,32],"tags":[],"_links":{"self":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts\/37001"}],"collection":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/comments?post=37001"}],"version-history":[{"count":0,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts\/37001\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/media\/37002"}],"wp:attachment":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/media?parent=37001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/categories?post=37001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/tags?post=37001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}