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9 maj 2024 · Pinnacle Bank Texas bought back the 40-story Burnett Plaza, Fort Worth’s tallest building, for a credit bid of $12.3 million at a recent foreclosure auction, just $12.30 per square foot and...
13 maj 2024 · The tallest building in Fort Worth has a commanding position in the city's skyline, but the 1M SF building only commanded a price of about $12 per square foot at a foreclosure auction.
Burnett Plaza, the tallest building in Fort Worth, Texas, has been purchased via foreclosure auction for $12.3 million just three years after it was sold for more than $137.5 million, according...
13 maj 2024 · The tallest building in Fort Worth, Texas, has sold for a fraction of the price it reached just three years ago. The 40-story Burnett Plaza was purchased at a foreclosure auction for $12.3 million. It was sold for more than $137.5 million in 2021.
9 maj 2024 · Pinnacle bought the 40-story, one-million-sf building with a roughly $12.3 million credit bid. The tower’s former owner, Burnett Cherry Street LLC, an entity of New York-based Opal Holdings LLC, defaulted on a $13 million loan after buying the tower for more than $137.5 million in 2021.
16 kwi 2024 · In a foreclosure notice filed with the Tarrant County District Clerk’s office on April 12, Pinnacle Bank says that Opal Holdings, the owner of Burnett Plaza, has defaulted on a $13 million loan. Burnett Cherry Street, an entity of New York-based Opal Holdings Inc., purchased the building in 2021 for $130 million.
23 lut 2024 · Legacy Bank & Trust has assumed ownership of the 167K SF Oil & Gas building on West 7th Street in Downtown Fort Worth. A partnership between Wolfe Investments and BlueLofts had planned to...
