The abandoned Keystone Towers complex on the Northeastside could get a new owner through the unusual process of auctioning its mortgage next week.

Online bids will be taken on the property’s non-performing $2 million loan Nov. 12-18.

The loan holder, New York-based ACAP Ventures, decided to sell the loan rather than go through a foreclosure on the property, owned by Southeastern Partners of Hickory, N.C.

“They felt it was better to sell the note,” which Southeastern hasn’t been making payments on, said Mike Mounts, a managing director at Chicago-based Jones Lang LaSalle, which is handling the auction with REDC of Irvine, Calif.