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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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2 Plano men sentenced in North Texas bank fraud case

DALLAS (AP) — Two more North Texas residents have been sentenced to federal prison in a bank loan fraud scam that started in 2007.

Prosecutors in Dallas say 43-year-old Vathany Teng has been sentenced to 27 months in prison and must repay $4.2 million. Investigators say 55-year-old Lina Ma must serve 18 months behind bars and pay $2.1 million in restitution.

Both Plano residents pleaded guilty to conspiracy to commit bank fraud.

A judge in Dallas in February sentenced attorney Jerry Goh to seven months in prison and ordered repayment of $2.1 million. Goh, who pleaded guilty to misprision of a felony, acted as an escrow officer for the fraudulent transfer of funds.

 

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