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Dallas Office Tower on Verge of Default As Houston REIT Seeks Solution

Troubled Loan on Property Comes as Financing on Commercial Properties Difficult to Find
A Houston-based real estate investment trust has received a loan default notice on Uptown Tower, a 12-story, 253,981-square-foot office building along North Central Expressway in Dallas. (CoStar)
A Houston-based real estate investment trust has received a loan default notice on Uptown Tower, a 12-story, 253,981-square-foot office building along North Central Expressway in Dallas. (CoStar)
CoStar News
September 29, 2023 | 7:55 P.M.

A Houston-based real estate investment trust recently received a loan default notice tied to a Dallas office building near Uptown with the $14.4 million mortgage loan on the property maturing on Oct. 1.

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