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Why Empty Offices Are Becoming Apartments in Texas's Big Cities - Vimarsana News

Why Empty Offices Are Becoming Apartments in Texas's Big Cities

With workers continuing to stay home and housing in short supply, developers in the state’s largest metros are giving new life to old buildings.

Several Toyota Veterans To Retire - Vimarsana News

Several Toyota Veterans To Retire

Plus, PGA hires new CTO; Susser Bank welcomes new CFO; and more.

What to Watch: Projects and Trends to Keep an Eye On - Vimarsana News

What to Watch: Projects and Trends to Keep an Eye On

Dallas-Fort Worth is expected to come out ahead in the post-pandemic rebound. Here's what we're following in commercial real estate in the year ahead.

Downtown Dallas Skyscraper To Be Sold at Foreclosure - Vimarsana News

Downtown Dallas Skyscraper To Be Sold at Foreclosure

Updated on May 11, 2021 at 2:10 pm NBC 5 News The 40-story Bryan Tower is scheduled for a June 1 forced sale by lenders, according to Dallas County records. The lenders seeking the foreclosure hold a $70 million loan on the high-rise. Bryan Tower has suffered a decline in occupancy because of the COVID-19 pandemic and the loss of its largest office tenant, hospital company Baylor Scott & White. Occupancy has fallen to only about 35%, according to reports from special servicers that have taken over administration of the building’s debt. Download our NBC DFW mobile app for Apple or Android to...

Source: nbcdfw.com
Downtown Dallas skyscraper set to be sold at foreclosure - Vimarsana News

Downtown Dallas skyscraper set to be sold at foreclosure

Downtown Dallas skyscraper set to be sold at foreclosure The landmark Bryan Tower on downtown’s northeast side has defaulted on debt and faces a forced sale. Bryan Tower's owners have been seeking to refinance or sell the skyscraper since last year. (Smiley N. Pool/The Dallas Morning News)(Smiley N. Pool) A landmark downtown Dallas skyscraper has a date set for foreclosure. The 40-story Bryan Tower is scheduled for a June 1 forced sale by lenders, according to Dallas County records. The lenders seeking the foreclosure hold a $70 million loan on the high-rise. The partnership that owns the ...