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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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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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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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Arizona St AD Patterson taking Texas job

JIM VERTUNO, AP Sports Writer


AUSTIN, Texas (AP) — Arizona State athletic director Steve Patterson is leaving the Sun Devils for Texas, where he will take over the wealthiest athletic department in the country and a program facing serious questions about the job security of its football and men's basketball coaches as well as its president.

Patterson accepted an offer from Texas on Tuesday after interviewing for the job over the weekend. West Virginia's Oliver Luck had reportedly been the leading candidate, but it will instead be Patterson who succeeds DeLoss Dodds, who is stepping down at Texas after 32 years.

"Steve Patterson emerged as the perfect candidate to build on Texas' athletic success and DeLoss Dodds' legacy," Texas President Bill Powers said.

Patterson's hiring must still be approved the University of Texas System Board of Regents, which meets Nov. 12-13, but that step is considered likely. The search panel included two regents, Steve Hicks and Robert Stillwell, who are the board's athletics liaisons. Powers' office said Patterson would be introduced as a news conference later this week.

Patterson's most immediate questions at Texas likely center on the future of the football coach Mack Brown, men's basketball coach Rick Barnes, and a potential federal civil rights lawsuit from former women's track coach Bev Kearney, who was forced to resign in January after revelations a previous relationship with one of her athletes.

He also comes to Austin at a time when his new boss is also fighting for his job. Powers has tangled with the regents in recent years over tuition and graduation rates and other issues, and has a thin majority of support on the nine-member board. State lawmakers are investigating whether to impeach one regent over attempts to force Powers out.

Dodds and Powers have been Brown's staunchest allies through three consecutive sub-par seasons for the storied Texas football program. Brown faced intense criticism and renewed speculation about his job security when Texas started 1-2, but the Longhorns are on a five-game winning streak and in first place in the Big 12.

The men's basketball program opens its season Friday night at home against Mercer. The Longhorns had their first losing season in 15 years under Barnes last year and haven't made it past the first weekend of the NCAA tournament in five years.

Texas began its job search last month when Dodds announced he would leave by Aug. 31, 2014. Dodds had said he would stay in the job until his replacement was found, but would step aside into an advising role once that person got to campus.

Patterson, 55, has been Arizona State athletic director only since March 2012 and had previously been responsible for the school's athletics business operations and facilities. Patterson has deep Texas ties: He got his undergraduate and law degrees at Texas, and had executive jobs with the Houston Texans in the NFL and the Houston Rockets and Portland Trail Blazers in the NBA.

"Steve helped build an NBA championship team and brought the Super Bowl game to Houston. Far more important, he's run a winning program at Arizona State that places students first and is committed to their lifelong success," Powers said.

Arizona State President Michael M. Crow said senior Vice President James Rund would serve as the Sun Devil's interim athletic director. Crow said he understood Patterson's desire to return to Texas and wished him well.

"During his stay at ASU, Steve Patterson has positioned Sun Devil athletics to continue its forward momentum well into the future," Crow said. "He first became involved with ASU three years ago to put the university's athletic department on a sound financial footing and that is exactly what he has done."
 

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