For a second consecutive month, lenders have opted not to foreclose on Frisco’s troubled Wade Park development.
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 the mixed-use project at the Dallas North Tollway and Lebanon Drive.
In February, the lenders declared the 4-year-old mixed-use project in default of loans and scheduled a forced sale.
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