Since then, the city has had difficulty realizing its goals in the plan. In 2005, city officials discovered that Noisette had borrowed $3 million against land on the former base without their knowledge. The next year, Noisette borrowed $23.7 million from Capmark Investing Group, using the majority of its remaining land on the base as collateral. Noisette failed to make timely repayment to Capmark, and the property went into foreclosure. Representatives of Noisette insisted at the time that they would be able to repay Capmark and make good on their vision for redeveloping the old Navy base.