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Dallas-area office owner gets debt extension

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Dallas-area office owner gets debt extension


One of the Dallas area’s biggest office landlords – California-based KBS – has extended the debt on three of its North Texas properties.

A real estate investment trust managed by KBS owns the Preston Commons and Sterling Plaza buildings in North Dallas and the Legacy Town Center office complex in Plano.

The North Texas buildings, along with properties in California, are financed with more than $600 million in mortgages from a group of lenders. KBS recently received another extension on the debt, which was facing maturity.

“The new six-month extension provides a runway to engage with the lenders over a longer-term positioning of those assets,” a KBS representative said in an email.

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Dallas and Irving building owners withdraw demand for unpaid rent from WeWork

The ownership behind Parkview at McKinney in Uptown Dallas and Williams Square in Irving withdrew motions seeking payment for missed rent from WeWork, citing they had reached stipulations with the troubled shared office firm.

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The volume of industrial construction is shrinking. This photo shows a building underway at...
Dallas-Fort Worth loses top spot for industrial construction

Dallas-Fort Worth no longer has the largest industrial pipeline in the country. But the softness in the market, experienced by developers and investors alike, may let up with interest rate cuts and a relaxed lending environment.

KBS has hired international investment bank Moelis & Co. to raise $100 million in capital for the trust.

The KBS real estate trust owns more than $1.2 billion in office properties in the central U.S. stretching from Texas to Minneapolis. The investor previously said the value of its holdings has fallen by almost $350 million since 2002.

KBS Real Estate Investment Trust III has more than $1 billion in property loans that are coming due this year.

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KBS owns more than 2 million square feet of offices in 11 Dallas-Fort Worth buildings. The office buildings are held by various KBS funds and a real estate investment trust.

The overall occupancy of KBS’ D-FW buildings is 86% and several of the offices are more than 90% leased.

Office building owners have struggled in the last year with weakened demand for building space and higher interest rates that make it tough to obtain financing.



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Dallas, TX

Dallas church stands firm with rainbow steps art win

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Dallas church stands firm with rainbow steps art win


A hearing room at Dallas City Hall was packed with an overflow crowd. Supporters of Oak Lawn United Methodist Church were ready for a fight, but that fight was one-sided.

“Rainbow steps shouldn’t be controversial,” one supporter said during his 3 minutes at the public comment microphone. “It’s just paint, y’all!”

The church came to the Dallas Landmark Commission to get permission for the rainbow steps painted last month in response to Governor Greg Abbott’s order to paint over crosswalks with political or ideological references, like the rainbow crosswalk outside Oak Lawn United Methodist.

“”These rainbow steps that I’m sitting on are an art installation,” Oak Lawn United Methodist Church Senior Pastor Reverend Rachel Griffin-Allison said. “We feel that it is urgent to make a statement, make a bold statement, and a visible statement, to say that who you are is queer, and beloved, and belongs here.”

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As NBC 5 spoke with the pastor, someone yelled homophobic insults from a passing car.

“This is important to have because that kind of heckling happens all the time,” Griffin-Allison said somberly.

The church, a Gothic revival building, is a designated historic landmark, which is why it needed the Dallas Landmark Commission’s approval.

“They are not considered part of the historic preservation building; they are just steps,” one speaker said during public comments.

Several speakers pointed out that the steps had been painted a “gaudy blood red” in the past, and then a shade of gray with no comments or approval.

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“When I see the stairs, I see love, support, inclusion, and kindness,” a woman wearing sequin rainbow sneakers said. “They bring a smile to my face and my heart.”

“If you don’t like rainbow steps on your church, then go to one of the 500 churches that don’t have them,” a young man said to the commissioners. “We have one street that represents this culture, and we have one church with rainbow steps!”

Not a single speaker spoke out against the rainbow steps art installation, and it was apparent there was no fight with the commissioners either, as they unanimously voted to allow the rainbow steps to stay up for 3 years.



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Dallas dating app meeting ends in fatal shooting and murder charge

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Dallas dating app meeting ends in fatal shooting and murder charge


Dallas police arrested a man for murder after they say he shot a couple he met through an online dating app.

What we know:

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Investigators say 26-year-old Noah Trueba shot and killed a 57-year-old woman on Friday morning in Northwest Dallas. Dallas Fire-Rescue responded and pronounced one of the individuals, 57-year-old Guadalupe Gonzalez, dead at the scene.  

The second victim was taken to the hospital in critical condition. 

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According to an affidavit, Trueba drank and used drugs with the two, who called themselves husband and wife. Trueba later told police that the couple tried to sexually assault him, so he opened fire. 

A police drone located him hiding along a nearby highway, after he ran from the scene.

What’s next:

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Trueba was arrested at the scene. He is currently booked in the Dallas County Jail and being charged with murder.

This is an ongoing investigation and anyone with information is asked to contact Detective Brewster Billings at 214-671-3083 or at brewster.billings@dallaspolice.gov.

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The Source: Information in this article was provided from documents provided by the Dallas Police Department.

Crime and Public SafetyDallasDallas County



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Defensive coordinator candidates who could improve Cowboys’ brutal secondary in 2026

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Defensive coordinator candidates who could improve Cowboys’ brutal secondary in 2026


Sunday was another frustrating game for Dallas Cowboys fans who had to watch the secondary miss one tackle after another against the New York Giants.

In addition to the poor angles and inability to wrap up, the defensive backs couldn’t consistently stop an aerial attack that was without their top two players. That sums up the season for the Dallas defense, which is why Matt Eberflus being relieved of his duties feels like a foregone conclusion.

MORE: Dallas Cowboys’ 2026 NFL opponents, home & away schedule set

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From there, the question turns to who will replace Eberflus. While there’s no shortage of options available, here’s a look at some of the top candidates if Dallas made fixing the secondary their primary goal.

Daniel Bullocks, DB Coach/Pass Game Specialist, San Francisco 49ers

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Detailed view of a San Francisco 49ers helmet at State Farm Stadium. | Mark J. Rebilas-Imagn Images

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The San Francisco 49ers have one of the most impressive coaching trees. While Robert Saleh didn’t excel as a head coach, he returned to his role as defensive coordinator and continued to excel. They’ve also seen DeMeco Ryans do an extraordinary job in Houston as a head coach, with a staff loaded with former 49ers assistants.

That’s why looking at their staff is a wise move. One name to consider is Daniel Bullocks, who has been an assistant with San Francisco since 2017. He currently serves as the safeties coach and pass game specialist. While they haven’t been elite this year, his unit is usually among the best in the NFL.

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Aubrey Pleasant, Assistant Head Coach/Pass Game Coordinator, Los Angeles Rams

Los Angeles Rams head coach Sean McVay and assistant head coach Aubrey Pleasant on the sidelines. | Jayne Kamin-Oncea-Imagn Images

Aubrey Pleasant has been a name to watch for years, even interviewing for multiple defensive coordinator vacancies. He’s been with the Los Angeles Rams since 2023, and was promoted to assistant head coach in 2024.

Cory Undlin, Pass Game Coordinator, Houston Texans

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Houston Texans defensive passing game coordinator Cory Undlin reacts during pre game against the Indianapolis Colts. | Maria Lysaker-Imagn Images

DeMeco Ryans was mentioned earlier as a great coach to come out of San Francisco. One assistant he brought along with him is Cory Undlin, who has been a pass game specialist for the 49ers (2021-2022) and now the Houston Texans (2023-present).

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MORE: Dak Prescott explains why he’s not blaming himself for Cowboys’ failed season

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Houston has a vicious defense led by hard-hitting safeties and physical cornerbacks. Undlin deserves credit for helping develop their young talent and could help Dallas get back on track in the secondary.

Al Harris, Pass Game Coordinator/DB Coach, Chicago Bears

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Dallas Cowboys player player Trevon Diggs talks with Al Harris during training camp at Ford Center. | Handout Photo-Imagn Images

Everyone who follows the Cowboys knows, and loves, Al Harris. He was part of Dan Quinn’s defensive staff and was credited for developing ballhawks such as Trevon Diggs and DaRon Bland.

Harris left this offseason and while the Cowboys fell apart, the Chicago Bears began to generate turnovers at a high rate. We’ve seen enough to know Harris should have been kept.

Raheem Morris, Head Coach, Atlanta Falcons

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Atlanta Falcons head coach Raheem Morris on the sideline against the Seattle Seahawks. | Brett Davis-Imagn Images

Raheem Morris was fired after two seasons as the head coach of the Atlanta Falcons, but that doesn’t mean he’s a bad coach. Morris remains one of the more well-respected defensive minds in the NFL, even winning the Super Bowl in 2021 as the Rams’ defensive coordinator. That was his second Super Bowl ring, as Morris earned one with the Tampa Bay Buccaneers following the 2002 season. That year, he was a defensive quality control coach for Jon Gruden.

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Morris excels at coaching defensive backs and brings extensive experience to the table. He may be exactly the kind of hire Jerry Jones would feel comfortable making, and one Cowboys fans could believe in.

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