Tuesday, June 04, 2013

To The Rescue! Two Buyers Save Dallas Landmark from Foreclosure

One of downtown Dallas’ grand 1980s skyscrapers has quietly changed hands.

After lenders foreclosed on part of the debt last year, bond holders who had a $178.6 million loan on the Main Street high-rise have been trying to come up with a solution.

The new owners plan to make upgrades to the office tower and will aggressively market it to business tenants.


More info at:

http://bizbeatblog.dallasnews.com/2013/06/buyers-rescue-landmark-downtown-dallas-skyscraper-from-debt-woes.html/

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