AT&T Leaves Dallas as Real Estate Crumbles

AT&T’s bold move to relocate its massive downtown Dallas operations to Plano—complete with a scaled-down, functional replica of Reunion Tower as a communication antenna—is sparking buzz and leaving a gaping hole in the city’s skyline. Backed by a $20 million incentive and a hefty construction loan, the tech giant plans to occupy the new campus by late 2028, signaling a major suburban shift. Meanwhile, downtown Austin’s Line Hotel is headed for foreclosure, joining similar fates in LA and D.C., while S2 Capital faces massive loan defaults across Texas apartments—highlighting deeper cash flow and debt woes in real estate. On the political front, Texas AG Ken Paxton wins his GOP Senate runoff with Trump’s backing, setting up a high-stakes general election showdown. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7b494c2a5ce6167f