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Downtown Dallas skyscraper that underwent city’s largest conversion heads to foreclosure

Todd Interests plans to hand keys back to Starwood Capital Group, firm’s founder says
The National, a mixed-use hub in downtown Dallas housing The Thompson Hotel, apartments, restaurants, office and retail space is expected to be foreclosed on by lender Starwood Capital Group. (CoStar)
The National, a mixed-use hub in downtown Dallas housing The Thompson Hotel, apartments, restaurants, office and retail space is expected to be foreclosed on by lender Starwood Capital Group. (CoStar)
CoStar News
January 9, 2026 | 11:01 P.M.

The National, a 52-story skyscraper turned mixed-use hub that was vacant for a decade before it was redeveloped in downtown Dallas, is headed into foreclosure and expected to revert to its lender.

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