Downtown Dallas’ Ross Tower lands $155M loan extension despite market headwinds

The owners of a prominent downtown Dallas skyscraper have landed a $155 million loan extension, despite a challenging lending environment that has battered older office properties nationwide. This comes as owners of other prominent DFW office buildings have defaulted on debt and as office occupancy leases have dropped across the board. Read this to learn how relatively high occupancy at the 1980s-era Ross Tower may have helped.