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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Fort Worth tops in Texas for apartments, study finds

Fort Worth tops apartment markets statewide for the month of August 2014, according to research by Axiometrics Inc., a Dallas-based apartment market research and analysis firm.

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Bank with Fort Worth location being acquired

 

Park Cities Bank’s holding companies, North Texas Bancshares Inc. and North Texas Bancshares of Delaware Inc., have signed a definitive acquisition agreement with Park Cities Financial Group Inc. to purchase and recapitalize the bank.
The holding companies filed a petition for Chapter 11 on Oct. 16 in the U.S. Bankruptcy Court in Wilmington, Del.


“We have been working diligently to secure a strategic partner with a shared vision and commitment to strengthen Park Cities Bank and lead it into the future,” said CEO John D. Dienes in a news release. “This transaction provides capital to facilitate lending and business development in the communities we serve.”
Dienes added that the Chapter 11 filing affects only the holding companies and does not affect Park Cities Bank.


Park Cities Bank is a Texas chartered bank based in Dallas with $422 million in assets, 70 fulltime employees and four branches – three in Dallas and one in Fort Worth – as of Sept. 30.
The Deason family is lead investor of Park Cities Financial Group, with additional support provided by local investors.
The holding companies’ financial adviser is Commerce Street Capital while Bracewell & Giuliani serves as legal adviser. Park Cities Financial Group’s legal adviser is Jackson Walker. - Betty Dillard
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?