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Point Ruston’s Financial Woes Deepen: Waterfront Market and Parking Garage Heading to Auction

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The iconic Point Ruston waterfront development faces more financial turmoil, with two key buildings set to be auctioned mid-May, according to a report in the Puget Sound Business Journal. This stems from a $91 million judgment against developer Loren Cohen's Point Ruston LLC and Point Ruston Phase II LLC, stemming from a defaulted 2013 loan. […]

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