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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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Approach Resources prices bond offering

 

A. Lee Graham
Reporter

Approach Resources Inc. of Fort Worth has announced the pricing of its $250 million public offering in aggregate principal amount of 7 percent senior notes due 2021.
The notes were priced at par. Their sale is expected to settle on June 11, 2013, subject to satisfying customary closing conditions.
The company said it intends to use net proceeds from the offering to repay the outstanding indebtedness under its revolving credit facility, to fund capital expenditures and for general working capital needs.
Acting as joint book-running managers of the offering are J.P. Morgan Securities LLC, RBC Capital Markets and KeyBanc Capital Markets. The notes are being offered through a prospectus supplement and accompanying base prospectus, copies of which are available at J.P. Morgan Securities LLC, 383 Madison Ave., 3rd Floor, New York, NY 10179, Attention: Syndicate Desk, or by calling 800-245-8812.
When available, electronic copies of the prospectus supplement and accompanying base prospectus may be obtained free of charge at www.sec.gov.
Approach Resources Inc., an independent oil and gas company with core operations, production and reserves in West Texas’ Permian Basin, operates about 148,000 net acres in that region. More information is available at www.approachresources.com.

 

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