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.
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