World Class Capital, an Austin-based private equity firm focused on opportunistic real estate and distressed debt acquisitions, has become the new owner of Northtown Village, a 184,113-square-foot retail power center at 10 - 20 NW Coon Rapids Blvd. in Blaine, MN. World Class acquired the defaulted mortgage, valued at $19 million, from a special servicer and completed the foreclosure process on the borrower. The company is now the fee-simple owner of the property.