Santander Tower Recapitalization and Peridot Phase Two
Sector: Residential • Location: Dallas, Texas, United States
Source: D Magazine
Pacific Elm Properties secured $132.5 million loan for the recapitalization of Santander Tower. The loan finances phase two of Peridot, an office-to-residential conversion within the tower, adding 105 residential units. Phase one completed in 2023 yielded 291 units. The project includes office leases totaling 350,000 square feet.
- Status
- Under Construction
- Sector
- Residential, Commercial
- Location
- Dallas, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- D Magazine
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Pacific Elm Properties secured $132.5 million loan for the recapitalization of Santander Tower. The loan finances phase two of Peridot, an office-to-residential conversion within the tower, adding 105 residential units. Phase one completed in 2023 yielded 291 units. The project includes office leases totaling 350,000 square feet. |
Original sector | Commercial Real Estate |
Budget |
Location
Country | United States of America (USA) |
State | Texas |
City | Dallas |
Source
Source | D Magazine |
URL |
More Details
Record type | Project |
Sector | Residential, Commercial |
Article published date | 2025-09-16 |
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