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Barn Lofts, Phase 2

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More news is leaking out about Barn Lofts, that struggling brick building on 2nd Street in the Art District. Investment firm Canyon-Johnson Urban Fund purchased the construction loan on the building and foreclosed, and now a recent newsletter blast from the firm states that Canyon intends to "market the units for sale." No word on when, however. Judging from what we see from visits to the area, construction work is zooming right along. [Curbed InBox]