Penzey 'excited and frustrated' as Northridge foreclosure proceeds
Bill Penzey has mixed feelings about the order for foreclosure recently entered for the former Northridge Mall.Ã¢;Â€Âoe;IÃ¢;Â€Â™m excited, frustrated, but mostly excited,Ã¢;Â€Â; he said Thursday morning.
A judge entered the foreclosure order Sept. 27, but she included a six-month redemption period in the order, meaning a sheriffÃ¢;Â€Â™s auction canÃ¢;Â€Â™t happen until March 27, 2014, at the earliest. Penzey and his attorneys had been asking for a three-month redemption period.
Penzey is trying to acquire the massiveÃ¢;Â€Â¦;