Plantation’s Fashion Mall in foreclosure

An affiliate of Canyon Capital Realty Advisors has filed a foreclosure action against Plantation’s Fashion Mall, the third such lawsuit involving the property in the last five years, the South Florida Business Journal reported. The foreclosure action involves a $15 million mortgage on the property, which is located at 321 North University Drive. The mall’s stores are currently shuttered as owner U.S. Capital/Fashion Mall considers a redevelopment plan. [SFBJ]