Lenders made good on their threat to foreclose on a landmark downtown Dallas skyscraper.
The 50-story Thanksgiving Tower sold at foreclosure yesterday on the Dallas courthouse steps.
Berkadia Commercial Mortgage made the foreclosure filing on the tower last month, saying that the owners defaulted on $84 million in debt.
Dallas skyscraper lands in foreclosure
Most Popular Articles
Latest Articles
Freddie Mac’s proposed home equity product could unlock $850B in originations
Bank of America strategists also say that the absence of a robust securitization market could limit the potential of these second-lien loans
-
Brian Icenhower on impact of commission lawsuits and low volume
-
Opinion: If you’re chasing volume, you’re chasing the wrong carrot
-
Why are existing home prices rising when sales are still so low?
-
FundingShield’s Ike Suri on the limits of AI in fighting fraud
-
Former academy resumes role as Funding Longevity Task Force