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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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Development plans unveiled for Flower Mound assisted living facility

A. Lee Graham

Reporter

Construction continues on an 82-unit assisted living and memory care facility in Flower Mound.

When open, Elan Oaks at 3281 Long Prairie Road is expected to create more than 100 new jobs and mark the first of a property portfolio that StoneCreek Real Estate Partners has under development.

Elan Oaks will be owned and funded by a joint venture between StoneCreek and The Collin Fund with financing from NorthStar Bank of Texas.

Managing the community will be Civitas Senior Living under the leadership of Wayne and Misti Powell.

"Our small company platform allows us to provide large company services with the attention to detail of a local owner," said Wayne Powell, president of Civitas Senior Living, in a news release.

Powell previously owned The Courtyards at River Park, an assisted living facility in Fort Worth.  Together, the management team has more than 20 years of experience operating senior living communities in Texas. 

Handling construction is Resource Commercial Construction Inc. When open, the property will feature 58 studio, one-bedroom, and two-bedroom assisted living apartments as well as 24 private and semi-private memory care suites.

lgraham@bizpress.net

 

 

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