Wells Fargo looks to foreclose on Towne West Square mall

Local

Wells Fargo Bank has filed a lawsuit against the owners of Towne West Square mall after an alleged failure of paying on a loan of $51 million. The bank is seeking to foreclose on the mall. 

Towne West Square is located in west Wichita. According to court documents, the $51 million loan was made in May of 2011. 

Court documents show as of August 1, 2018, the following amounts are owed on the loan taken out by Towne West Square: 

  • principal in the amount of $45,654,112.29
  • accrued interest of $220,429.47
  • miscellaneous advances of $60,027.86
  • interest on miscellaneous advances of $1,589.94

The civil court documents were filed Tuesday, July 31. You can read the complete documents by clicking the file below. 

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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