One of downtown Dallas’ landmark skyscrapers has been hit with a foreclosure filing.
The 50-story Thanksgiving Tower has been posted by lenders for a Feb. 5 forced sale.
The 31-year-old mirrored glass high-rise at 1601 Elm St. is owned by California investor Younan Properties, which bought the property in 2007.
Berkadia Commercial Mortgage made the foreclosure filing on the tower, saying that the owners have defaulted on $84 million in debt, according to information from Addison-based Foreclosure Listing Service
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio