Twin Peaks Mall in foreclosure

LONGMONT – Twin Peaks Mall in Longmont has fallen into foreclosure because mall owner Panattoni Development Co. is behind in payments on a $26.5 million note owed to creditor Bank of America, according to public records.

Panattoni, based in Sacramento, California, did not return a Friday morning call for comment about public records filed at the Boulder County Public Trustee’s office this week. A Colorado spokesman with NewMark Merrill Cos., the mall’s management company, was traveling in San Diego and unavailable for comment on Friday morning.

If no other agreement is reached, a foreclosure sale is scheduled for Jan. 4, 2012, according…