Dallas, TX
Downtown Dallas skyscraper The National taken in foreclosure
The lender has taken ownership of The National, a 52-story mixed-use skyscraper in Dallas’ central business district, records show.
Ownership reverted to Starwood Property Trust, an affiliate of Starwood Capital Group, following a foreclosure auction on the steps of the George Allen Courts Building Tuesday. The listed purchase price was $207 million. Existing debt was used to buy the building.
Attempts to contact Starwood before publication were not returned. Dallas developer Shawn Todd, the building’s previous owner, could not be reached for comment.
The foreclosure and Starwood’s acquisition of the tower at 1401 Elm St. was expected.
In an exclusive interview last month, Todd told The Dallas Morning News that he owed roughly $230 million to Starwood. The lender filed the foreclosure in early January, and Todd said he would not fight the proceedings.
Todd cited high interest rates and lower downtown property values as reasons for the foreclosure. He previously said occupancy in the apartments had fallen below 80%.
Todd said he refinanced with Starwood three years ago, but talks with the lender weren’t enough to save the property from foreclosure.
“With our debt balance, the interest rate environment and property values downtown … We don’t see a path to us recouping our remaining equity,” he said. “We’ve been committed to downtown. We’ve been committed for 20 years. In 35 years, our firm has never lost money — this is the first year that it’s happened.”
Todd and his firm Todd Interests invested more than $460 million in a redo of the former National Bank Tower.
The midcentury tower set empty for a decade before it underwent one of the largest urban restoration projects in the nation. The 1.5 million-square-foot office tower became a combination of apartments, hotel rooms, retail, restaurants and office.
Todd touted the deal in 2019 as the “largest historic tax credit deal in Texas.”
The developers got $100 million in historic tax credits and $50 million in Dallas tax increment financing that made the project viable.
“The values aren’t there. That’s the main reason,” Todd previously said of the foreclosure. “The loan is due, and we’re not going to continue to pay.”
It’s unclear what Starwood plans to do with the property. All six restaurants, including the Italian steakhouse and seafood spot Monarch, will remain open.
Opened in 1965, the downtown skyscraper was designed by noted Dallas architects George Dahl and Thomas Stanley. It was the largest vacant building in North Texas when it closed in 2010.
It was the last of the city’s great skyscrapers to be repurposed, according to previous News reporting.
The foreclosure sales come just months after Todd’s firm offloaded its entire share of the 20-acre East Quarter development on the eastern edge of downtown to partner J.P. Morgan Asset Management for an undisclosed sum.
Todd Interests has been behind some of the city’s preeminent redevelopments. In addition to The National, the firm was behind the $300 million renovation and rebranding of Dallas’ Energy Plaza into The Sinclair.
Dallas, TX
Akheem Mesidor selected by Cowboys by Blogging The Boys in SB Nation’s community mock draft
Akheem Mesidor, Edge, Miami
Pass rush has been an issue since the Micah Parsons trade. The Rashan Gary trade helped, but Dallas still needs an injection of talent. Akheem Mesidor fits here because his body size allows for some versatility inside and out, something DC Christian Parker utilizes. Mesidor is also a high-motor player with a deep bag of pass rush moves.
His last season at Miami was full of disruption in the offensive backfield and he shows an all-around game, not just a bend-around-the-edge pass rusher. Yes, he’s a little older than you’d like in a rookie (25), but his motor, pass rush toolbox, and ability to play the run matches up with a need and makes him a quality pick at number 20.
Dallas, TX
Dallas Hosting Public Safety Response Symposium
The City of Dallas Office of Community Police Oversight is hosting a Public Safety Response Symposium to connect residents with public safety leaders. Here’s how to participate on May 9.
The Dallas Police Department posted to social media about the event on Friday afternoon. The post states, “Join public safety leaders for an inside look at how emergency and non-emergency calls are handled and how resources are deployed across Dallas.”
The symposium will be held at the Briscoe Carpenter Livestock Center, 1403 Washington St., fro 11 a.m.-noon on May 9. Doors open at 9:30 a.m. Light breakfast and refreshments will be provided.
Topics for the symposium include:
- How 911 calls are handled and dispatched
- How DPD uses specialized units and technology to improve response times
- When to use 311 for non-emergency services
- How crisis and behavioral health teams collaborate through alternative response strategies
There will also be a community Q&A forum where residents can engage directly with public safety leaders. Moderation will be provided.
Dallas Police Chief Daniel C. Comeaux will offer the opening remarks. Featured speakers include 911 Communications Center Assistant Director Robert Uribe; Major of Police Anthony Greer; 311 Senior Outreach Specialist Stephen Walker; and Emergency Management & Crisis Response Director Kevin Oden.
When it comes to parking: Enter through Gate 2 and drive straight to the Pan Am Gate, and continue to the Briscoe Center (located on the left).
RSVP for the Public Safety Response Symposium here.
Dallas, TX
The Dallas Stars’ Secret Weapon Is a Canadian Hockey Genius
On an evening in early March, Dallas Stars general manager Jim Nill stepped up to a podium for a news conference. The National Hockey League’s trade deadline had passed hours earlier, and here, at the American Airlines Center, was his chance to publicly reflect on the strategy he had followed. Wearing a green tie beneath a black overcoat, he lowered his mustache toward the mike and said: “I’ve been a bad GM here the last three years.”
The assorted media members gave him quizzical looks. Maybe they were surprised by Nill’s willingness to hold himself accountable. More likely, they were surprised because he was wrong.
Thirteen years into his tenure with the Stars (his contract was recently extended through 2028), the team is heading to the playoffs, which start tomorrow, with a 50–20–12 record and good odds to win the Stanley Cup. In the seasons that ended in 2023, 2024, and 2025—the period in which Nill apparently claimed he was a “bad GM”—he won the NHL’s Jim Gregory General Manager of the Year Award, the first “three-peat” in the award’s sixteen-year history. One of his captains, Jamie Benn, calls him “an incredible human being”; veteran forward Matt Duchene says he’d “run through a wall” for Nill.
Nill has a reputation for being right. Last season, for example, he splurged on an eight-year, $96 million contract for elite forward Mikko Rantanen. This season he made no big-news moves. Last season he fired the Stars’ highly regarded head coach, Pete DeBoer. This season he brought back Glen Gulutzan, a coach he’d fired more than a decade ago. These choices have so far all panned out—in both years, the Stars have been championship contenders—which we can’t chalk up to luck. Nill has been a winner for far too long.
Nill’s journey to Dallas started almost seven decades ago, in a small town in Canada. Born in 1958, he was raised in Hanna, a prairie town in Alberta (population around 2,600). Nill says he had a “great family life, out in the countryside, on the farm.” He grew up a Boston Bruins fan; Bobby Orr was his idol. Nill says he remembers sitting among fellow teenage students while listening with rapt attention to a radio broadcast of the 1972 Summit Series hockey tournament, in which Canada beat the Soviet Union and its star goalie, Vladislav Tretiak.
Nill was a talented hockey player, and he took the typical route for a promising Canadian prospect: junior league, followed by Canadian major junior hockey (similar in level to NCAA Division I) as a member of Alberta’s Medicine Hat Tigers. In his third and final season with that team, he put up 47 goals and served as team captain, after which he was picked in the NHL amateur draft by the St. Louis Blues. But he deferred his professional debut to play for the Canadian national team at the 1980 Olympics. There, in Lake Placid, New York, he went from a relative unknown to a national hero after scoring a goal against the Soviet Union, getting a shot past none other than Tretiak.
Nill joined the Blues in 1982—in St. Louis he met a woman named Bekki, and by 1984 the two were married—but months after his debut, the team traded him to the Vancouver Canucks. There, in Canada, he befriended an Ontarian defenseman named Joe McDonnell. That year the Canucks went from a losing record during the season to their first Stanley Cup Final, thanks in part to a double-overtime goal from Nill in the semifinals. (They lost to the New York Islanders.)
But Nill didn’t really distinguish himself in the sport until he stopped playing it. He spent two seasons with the Canucks, a season with the Bruins, three with the Winnipeg Jets, and two with the Detroit Red Wings before his on-ice career wound down. By 1991, he’d gotten a job as a scout with the NHL’s new expansion team, the Ottawa Senators.
Nill quickly made a difference in Ottawa, expanding the Senators’ scouting operations into Europe to hunt for overlooked players skating around obscure foreign rinks. His knack for turning mediocre franchises into champions made itself known after he returned to the Red Wings in 1994 as head scout. (He was joined in the scouting department by McDonnell, who’d ended his NHL career in 1986.) At the time, the Red Wings hadn’t won a Stanley Cup since 1955. Aided by talent acquired under Nill’s aegis—undervalued players like Kirk Maltby, Tomas Holmström, and Pavel Datsyuk, plus big-time stars like Dominik Hašek and Henrik Zetterberg—they won championships in 1997, 1998, 2002, and 2008. “A lot of the success we had in Detroit, I attribute to Jimmy Nill,” says then–Red Wings GM Ken Holland.
The themes that came to define Nill’s past few decades took shape during those Detroit years. One was winning; another was illness. In 1999, after the Red Wings’ second championship, Bekki was diagnosed with breast cancer, which she eventually beat through chemotherapy and surgery. Then, in 2010, she got sick again; her daily diet was often reduced to a handful of blueberries. She was eventually diagnosed with incurable stage IV cancer, which had spread to her liver, ribs, and other bones. She was given only a few months to live. McDonnell and his wife, Dawn, continued making their regular two-and-a-half-hour drives from Ontario to Michigan for dinners at the Nill household. Bekki says she was “preparing to . . .” She trails off. “End. I really was ready to go at that point. You never really want to leave, but I couldn’t have lived with the pain.”
But chemotherapy alleviated her symptoms beyond anyone’s expectations. She remembers a personal triumph: gaining the strength to walk ten houses down the street. Her mentality shifted, from accepting death to thinking, “I’m going to fight until it’s my last breath.” Today, fifteen years after she received that terminal diagnosis, she attends Stars games and dotes on the grandchildren she never thought she’d meet.
After Nill’s nineteenth season in the Red Wings’ front office—Detroit qualified for the playoffs in all of them—the Stars began their search for a new GM. The team’s president and CEO at the time, Jim Lites, says he conducted only one interview. Nill received the offer, and Bekki, who had been praying for Jim and his career at her weekly church service, encouraged him to accept. (“She was even more excited than me,” he says.)
With McDonnell as his scouting aide-de-camp, Nill sought to rescue the Dallas Stars from recent financial collapse—in 2009, Stars owner Tom Hicks’s private equity firm, Hicks Sports Group, defaulted on roughly $525 million in loans—by sticking to their strategy: building the roster through underrated players who had potential. And, as in Detroit, it worked. In 2015, Nill and McDonnell grabbed Finnish forward Roope Hintz, who became a three-time 30-goal scorer. In the 2017 draft, McDonnell convinced Nill to trade up in order to take a risk on goaltender Jake Oettinger late in the first round, shortly after taking Finnish defenseman Miro Heiskanen. Both became All-Stars. Other NHL teams shied away from forward Jason Robertson (over concerns about his skating) that year, but McDonnell saw past his supposed faults and suggested Nill sign him; in 2021, McDonnell similarly recommended that Nill draft Wyatt Johnston, whom few other scouts had seen play in person. This season, Dallas was one of only two NHL teams with two 40-goal scorers: Robertson and Johnston.
Coach Gulutzan says Nill puts “an emphasis on character” when signing players; Robertson says he implores his team to “buy into a certain philosophy,” which seems to have something to do with taking the obligations that management and the players have to each other seriously. Last season, Stars player Duchene was worried that he’d be released to clear cap space for Rantanen’s contract. A father of three in his mid-thirties, he feared he’d have to uproot his life and end his career with another team. But moments after Dallas’s anticlimactic playoff exit, Nill assured Duchene’s wife, Ashley, that the team would figure out a way to keep her husband on the roster. Days later, Nill signed Duchene for another four years. “That’s the kind of stuff he does,” Duchene says. “He understands there’s a player on and off the ice.”
The same philosophy came into play last season when Nill fired DeBoer after the coach publicly criticized Oettinger following that playoff loss—Nill had no patience for a public blame game. Fans and analysts thought it bizarre that Nill then replaced DeBoer with Gulutzan, whom he’d canned twelve years earlier. But Nill, in character, seemed to justify the move on the grounds of personal growth. “He’s taken the right path,” Nill said. “I thought he was ready for it.” Apparently he was. Gulutzan coached Dallas to the third-most wins in the NHL this season, and a championship—the Stars’ second ever, if it happens—is in sight. (The team’s opening playoff series is against the Minnesota Wild.)
Nill says he wants his name etched on another trophy, but whether or not he gets it, he’s navigated his life into a kind of triumphant equilibrium. His decades-long partnership with McDonnell is atypical in the cutthroat world of professional sports, and Bekki continues to defy what she was told was a death sentence. She takes oral treatments twice daily and reports for an hours-long chemotherapy infusion every 21 days; Jim typically sits by her side for the duration. And when Dallas hosts its first playoff game this weekend, before Bekki takes her seat, she’ll keep up a tradition: handing out little plastic bags of home-baked mini muffins to arena staffers and their families. Often, they’re blueberry.
Nill attributes the responsibility for his track record in hockey to “the great people I’ve had around me, and my family.” Perhaps that’s the only insight into his mind we’ll get. It appears to be the truth.
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