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Lender Becomes Landlord of Upscale Property in Dallas at Foreclosure Auction

Mixed-Use Property With Hundreds of Apartments, Tom Thumb Grocery Store Gets No Bidders at Auction

The Gabriella, a 14-story, 378-unit luxury apartment complex along Live Oak Street in Dallas, has a Tom Thumb grocery store anchoring the property. The lender has foreclosed on the property. (CoStar)
The Gabriella, a 14-story, 378-unit luxury apartment complex along Live Oak Street in Dallas, has a Tom Thumb grocery store anchoring the property. The lender has foreclosed on the property. (CoStar)

The lender behind a luxury apartment building with a Tom Thumb grocery store just east of downtown Dallas foreclosed on the property after no bidders stepped forward to place an offer at auction.

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