Frisco's Wade Park Dodges Foreclosure Bullet for Third Straight Month

Another month, and another foreclosure threat for Frisco's $2 billion Wade Park project.And just like in March and April, lenders didn't force a sale of the mixed-use development on May 1.Two lenders -- New York-based Gamma Real Estate and Bamcap Partners of Farmers Branch -- have been seeking repayment of more than $130 million in debt on troubled real estate project at the Dallas North Tollway and Lebanon Drive.  Continue reading...