Dallas, January 10, 2026
Harwood International has successfully refinanced its tallest building, Harwood No. 14, receiving a loan of $160.8 million. The 27-story tower features 360,000 square feet of office space, a restaurant area, and a 17,000-square-foot rooftop garden. This refinancing follows the recent sale of various office towers and the foreclosure of Harwood No. 1, highlighting both challenges and the ongoing growth within the Harwood District in Dallas’ Uptown area.
Harwood District’s Tallest Tower Refinanced for $161 Million
Dallas, Texas – Harwood International has successfully refinanced its tallest building, Harwood No. 14, with a loan of $160.8 million from New York Life Insurance Company. This 27-story tower, completed in June 2023, features 360,000 square feet of office space along with a restaurant area and a stunning 17,000-square-foot rooftop garden. This refinancing comes on the heels of previous financial maneuvers by Harwood International, which included the sale of four office towers to private equity firm TPG and the foreclosure of Harwood No. 1. Despite these challenges, the Harwood District continues to thrive as a mixed-use community in Dallas’ Uptown area, renowned for its luxury office spaces and premium amenities.
Recent Real Estate Transactions in the Harwood District
In addition to the refinancing of Harwood No. 14, several notable real estate transactions have taken place in the Harwood District:
- Sale of Harwood No. 1: Following a foreclosure auction, Cawley Partners has acquired Harwood No. 1, a 106,000-square-foot office building, with plans to invest $10 million into upgrades.
- Sale of Four Office Towers to TPG: Harwood International sold Harwood No. 2, No. 6, No. 7, and No. 10 to TPG, totaling approximately 900,000 square feet of office space as part of a strategic move to navigate financial difficulties and focus on future projects.
- Foreclosure of Harwood No. 1: Ownership of Harwood No. 1 was taken by First United Bank post-foreclosure auction, representing the second property lost to foreclosure by Harwood International within the same year.
Background on Harwood International and the Harwood District
Established in 1988, Harwood International is a Dallas-based real estate firm recognized for creating high-end office environments and mixed-use communities. The Harwood District encompasses 19 city blocks in the Uptown area and represents a master-planned community that balances residential, office, and hospitality spaces. Despite recent financial adversity, the district continues to attract both tenants and visitors, thanks to its modern workspaces, walkable environment, and top-tier amenities.
Key Features of Harwood No. 14
| Feature | Description |
|---|---|
| Height | 27 stories |
| Office Space | 360,000 square feet |
| Completion Date | June 2023 |
| Rooftop Garden | 17,000 square feet |
| Design Architects | Kengo Kuma & Associates and Corgan |
Conclusion
The refinancing of Harwood No. 14 for $160.8 million not only signifies a robust commitment from lenders but also illustrates the ongoing vibrancy and attractiveness of the Harwood District, a key area in Dallas’ economic landscape. As investments continue to flow into both new and existing properties, local entrepreneurs and business owners can find inspiration in these developments. Supporting local businesses and recognizing their contributions to the community can further stimulate growth in the Dallas TX economy.
What is Harwood No. 14?
Harwood No. 14 is a 27-story office tower in Dallas’ Harwood District, offering 360,000 square feet of office space, a restaurant area, and a 17,000-square-foot rooftop garden. It was completed in June 2023.
Who refinanced Harwood No. 14?
New York Life Insurance Company provided a loan of $160.8 million to refinance Harwood No. 14.
What other real estate transactions have occurred in the Harwood District?
Recent transactions include the sale of Harwood No. 1 to Cawley Partners, the sale of four office towers to TPG, and the foreclosure of Harwood No. 1 by First United Bank.
What is the Harwood District?
The Harwood District is a 19-city block, 30-acre master-planned community in Dallas’ Uptown area, known for its luxury office spaces, residential units, and hospitality venues.
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