Four Seasons Dallas Headed For Foreclosure?
Filed under: Luxury Travel & Hotels
Breaking info from the Dallas Morning News, it looks like lenders are looking to foreclosure on the Four Seasons Resort and Club Dallas at Las Colinas, a massive 400-acre hotel, spa and golf club in Irving, Texas. The five-star resort has an over 430-room hotel, two restaurants, lounge bars, a TPC golf course and the finest sports club and spa in the Dallas area. Last summer the resort completed a $60 million project with a new sports bar, family pool, and tennis show-court.
U.S. Bank NA is has pushed for a foreclosure sale on February 2 to force repayment of a $183 million loan on the property. It's a huge foreclosure for the area and one that has been in the works for a while as the borrowers, BentleyForbes missed payments and tried to negotiate with lenders. BentleyForbes has owned the resort since 2006 and Four Seasons operates the facility. As is usually true in these cases there has been no alteration in the daily operations of the hotel. The resort is the latest in a series of hotel foreclosures around the nation.
Tornadoes Strike Oklahoma
Live from Microsoft's New Generation Xbox event!
PHOTOS: Tornadoes Wreak Havoc On Central U.S.
Dozens Killed in Oklahoma Tornado; Death Toll to Rise
Xbox Reveal liveblog on Joystiq
Police END Search For Susan Powell
Justin Bieber Booed, Gets Standing Ovation at Billboard Music Awards
2013 Billboard Music Awards Best and Worst Dressed
Justin Bieber BOOED While Accepting Award
Watch: Kansas Meteorologist Seeks Shelter From Tornado
Two Pilots Fired After Brazilian Pop Star Takes Captain's Seat Mid-Flight
15 Incredible Cat Photobombs
Oldest Water on Earth Found Deep Underground
2013 Billboard Music Awards: All the Winners!
Student Expelled, Charged With Felonies For Same-Sex Relationship
South American 'Crazy' Ants Are a Threat in Southern US
PHOTOS:Eva Longoria's Almost Wardrobe Malfunction At Cannes
PHOTO: LARGEST Python Ever Caught In Florida!
PORK BELLY: OJ Can't Get Enough Beans
Top White House Staffers Were Briefed On IRS Investigation's Conclusions, Didn't Tell Obama
Stefon Marries Anderson Cooper In Final Show
LOOK: Dolphins Make Rare Underwater Find
PHOTOS: Miley Cyrus Decides To Wear Pants To The 2013 Billboard Music Awards
'Undercover Angel' Singer Dies At 72
PHOTOS: Stars Shine On The 2013 Billboard Music Awards Red Carpet
Mark Penn Unlikely To Rejoin Hillary Clinton 2016
OUCH: Singer Jumps, Lands On Fan's Neck
Radio Host Makes Shocking Claim About Shooting Hillary Clinton
Kristen Stewart, Robert Pattinson Reportedly Split
Suspected PayPal Hackers Seek Deal To Stay Out Of Prison
Winning Powerball Numbers
All The Pics: Jessica Ennis Marries Andy Hill