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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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Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

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Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

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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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Renaissance Square apartment development gets boost from housing board vote

By Scott Nishimura
snishimura@bizpress.net

The Fort Worth Housing Finance Corp. on Tuesday approved a $1.3 million, five-year loan to aid the development of a 140-unit apartment community at the Renaissance Square development in southeast Fort Worth.

The board - the full Fort Worth City Council - voted unamimously, after a motion by member Kelly Allen Gray, whose council district includes Renaissance Square.

The city staff recommended approval of the loan, which carries an interest rate of the lower of 1 percent of an applicable federal rate. The loan is subordinate only to the overall permanent financing for the project, Jay Chapa, HFC’s assistant general manager, told the board.

Development cost for the project, to be developed by Columbia Residential of Atlanta, is estimated at $20 million, Chapa said. 

The community will have 112 affordable-rent apartments and 28 market-rate ones. It’s the first residential component to come off the drawing board for the mixed-use development at East Berry Street and U.S. 287, launched with the opening of a Walmart store.

“What we’re going to see is a different level of affordable housing,” Council member Gyna Bivens said.

Rod Teachey, Columbia vice president of development, said Columbia is waiting for approval of a 9 percent tax credit allocation from the state before it breaks ground.

It expects to hear in July, Teachey said. If it gets that, ground-breaking would likely be in the first or second quarter next year, Teachey said. 

Columbia develops and manages affordable housing communities.
 

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Did the College Football Playoff Committee get it right?