In April 2006, the under-performing mall was sold to Feldman Mall Properties at an estimated $40 million with plans to invest over $30 million in renovations. Plans for renovations were halted due to the proposed sale of Feldman Mall Properties and the future development of Rayzor Ranch Town Center. In June 2010, lender JPMorgan Chase & Co. announced its intention to sell Golden Triangle Mall at a foreclosure auction to recoup the $25 million that Feldman Mall Properties still owes on JPMorgan's 2006 loan to Feldman. On September 1, 2010, Cencor Realty Services and The Weitzman Group took over management and leasing of the mall.