Acquisition not too taxing; Mixed-use development at TCU? UT-Austin in court vs. Statesman.

Fort Worth-based Source Advisors, a specialty tax consulting firm, has acquired Arlington-based United Paramount Tax Group, a firm specializing in real property tax reduction services and business personal property tax management. The acquisition adds a vital service line to Source Advisors' portfolio.

Austin-based Endeavor Real Estate Group has started a student housing division and has TCU as a client. The Austin Business Journal reports TCU selected a private partner to design, build, finance, maintain and operate assets, specifically a mixed-use development featuring housing, office, retail and parking across multiple university-owned sites.

Shots were fired at former President Donald Trump on the campaign trail in Pennsylvania Saturday. Coverage of the assassination attempt can be found on numerous news outlets, including:

• Texas Agriculture Commissioner, former Tarrant Co. constable describe being 'in the crossfire' at Trump rally (Fox 4)

• Biden calls for 'unity'; deceased rallygoer hailed as a 'hero'. (NBC)

• Photos from shooting at Trump rally. (Associated Press)

20 years ago, it was a dream. Today, Texas architecture studio Lake Flato and real estate and economic development consultants HR&A Advisors have revised the plan for "the largest, most consequential re-development opportunity near a major American downtown in the entire country." Here is their vision for Panther Island. 

The Department of Labor is looking into what it called "an issue" with the federal investigation into the January Fort Worth Sandman Hotel explosion. The inquiry ended with no action after the statute of limitations to issue fines ran out. Six months after the explosion at the downtown Sandman Signature Hotel, one lane of Eighth Street will re-open by next Monday, along with the on-street permit parking and metered parking. WFAA takes a closer look. 

Southwest Airlines and Archer Aviation have signed a memorandum of understanding to develop operational plans for electric air taxi networks utilizing Archer’s electrical vertical takeoff and landing aircraft at Southwest’s California airports. 

The University of Texas at Austin and the Austin American-Statesman are headed to the Texas Supreme Court Oct. 1 as adversaries about a case involving student athletes' sexual assault records.

50 Fort Worth police officers are going to Milwaukee this week to help with security, traffic control and special events coordination at the Republican National Convention. 19 are from the Direct Response Unit and 31 from the Central Bike Unit. Congress approved $75 million in federal security grant monies for the convention and Fort Worth will be reimbursed $220,456 for salaries, overtime and travel expenses.

Amazon has gone live with Rufus, an AI-trained expert shopping assistant trained on Amazon’s product catalog to answer customer questions on shopping needs, products, comparisons, make recommendations based on this context, and facilitate product discovery. It's a small launch to the mobile app, but will roll out fully within weeks. 

JLL Capital Markets secured senior and mezzanine financing for the borrower of a first-phase development of Northwest Village, a Class A multi-family project located near the AllianceTexas community. Developed by Woodfield Development, Northwest Village will feature 455 luxury apartments and townhomes, including 238 one-bedroom, 194 two-bedroom and 23 three-bedroom units. The first apartments are expected in early 2026.   

Fort Worth is seeking local food vendors and restauranteurs to participate in a dining program at the new city hall. It has partnered with Fooda to bring a mix of app-based convenience and variety to the building’s dining scene through a pop-up program that will bring different local restaurants to the building during the work week. Want to participate?

Fort Worth-based AI startup SmartAction has been acquired by St. Louis AI software company Capacity. SmartAction provides AI-powered answering machines and text chats for companies such as AAA and DSW.

Fort Worth-based AZZ had Q1 earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.31. Earnings for the quarter a year ago were $1.14.

During PetSmart National Adoption Week, July 15-21, the goal of Fort Worth Animal Care & Control is to match 300 pets with their forever families. For every pet adopted, PetSmart Charities will donate to Fort Worth shelters with the funds providing heartworm treatment and enrichment supplies. All pets are fixed, microchipped, up-to-date on their vaccines, and adoption fees are waived.

Snippets:

• Major League Baseball’s All-Star Week schedule of events can be found here.

• Data center land is aplenty around Midlothian and Google's four centers. One broker trying to capitalize assesses the situation.

• When you are worth $116 billion and Asia's richest man, you can throw any wedding you want.

• A judge dismissed the manslaughter case against actor Alec Baldwin after she found that prosecutors had withheld evidence.

• Inside Out 2 is the highest revenue grossing Pixar film, surpassing Incredibles 2 in less than a month. According to Variety, Inside Out 2 has earned $1.25 billion globally, beating out Incredibles 2's $1.24 billion.

Announcements:

• Tarleton State University: Names Dr. Keldon Bauer Interim Dean of Dr. Sam Pack College of Business.

• Regions Bank: Promotes Connie Rogers to regional executive for Private Wealth Management in Texas.

• Texas Women’s Foundation: Announces Carrie Freeman Parsons as Chair of the Board.

• Girls Scouts of Texas Oklahoma Plains:  Names Dawud Mabon, CPA, Executive Vice President/Chief Financial Officer, and Matt Sutton Chief Administrative Officer.

• United Way of Tarrant County: Adds Eric Marin as Executive Vice President and Chief Financial Officer.

• The Blum Firm: Adds attorney Kaitlin Goddard.

• Medtronic: Names Brian Asmussen Senior Director of Enterprise Account Services