⚖️Supremes back Texas...for now; New Dean at Neeley; Paxton rule won't be popular

The Supreme Court gave Texas permission to jail and prosecute at the state level migrants suspected of crossing the U.S. southern border without authorization, greenlighting the enforcement of SB4, which the Biden administration has called unconstitutional. Denying a request from the Justice Department, the law takes effect while the U.S. Court of Appeals for the 5th Circuit considers the measure's legality.

Non-profit Buckner Retirement Services purchased The Stayton at Museum Way, a senior community off West Seventh near Trinity Park. The Stayton is 11 stories featuring 188 independent living units, 42 assisted living units, 20 memory care units and 46 skilled nursing units. The seller is Lifespace Communities. 

Craig Crossland has been selected as John V. Roach Dean of Texas Christian University’s Neeley School of Business. He will start June 30. Crossland has been senior associate dean for academic programs at the University of Notre Dame’s Mendoza College of Business.

This Friday, the Texas Medical Board will consider language to clarify what qualifies as a medical exemption with regard to the state's abortion law. A request from judges for "clear guidance" has come to fruition.

Can an old idea become a new idea? Amazon and BNSF exes formed Aerolane and are testing ways to move cargo through the air. Their business plan is to pull cargo gliders with small freighter planes, potentially allowing carriers to double capacity by towing a second engineless aircraft.

Squeeze Massage is open at 2621 Whitmore Street in Fort Worth's Foundry District. The app-based concept was created by the founders of Drybar. Squeeze's Fort Worth location is the first to open in D-FW.

Arlington ranks No. 16 on Cloudwards’ latest list of the 100 Top Tech Cities in the U.S. The site identified 17 distinct tech-related factors and organized them into five categories — livability, career and education opportunities, internet coverage, startup ecosystem and tech communities. Other north Texas cities in Cloudwards’ 2024 list were Frisco, Plano and Garland.

ESPN has agreed to a six-year extension worth $7.8 billion to remain the sole TV partner for the College Football Playoff. Earlier this year, ESPN agreed to an eight-year TV deal to cover 40 NCAA championships. Negotiations are underway with the NBA and WNBA for new TV contracts in 2025.

More work will not go over well: Texas Attorney General Ken Paxton is seeking a rule that would enhance reporting requirements for District Attorneys and County Attorneys presiding over a county with a population of 250,000 or more.

Daily digit: According to Architectural Digest, Texas ranked second in a ranking of states with the most luxury tiny homes for sale, based on data analyzed from January 2024.

Snippets:

• An inside look at the resignation of the Texas Wesleyan head coach who revived the football program three years ago, by the Star-Telegram's Mac Engel.

• Average home prices in Austin, TX have fallen 11% since a peak in 2022, representing the largest drop of any U.S. metro area.

Real estate transactions:  

• TH Logistics Fund I, a joint venture between Chicago-based Timber Hill Group and Champion Realty Advisors, sold a 40-acre industrial outdoor storage yard at 5301 Wilbarger St. in Fort Worth. The buyer was a special purpose entity owned by Green Courte Partners in Chicago. 

• Stonelake Capital Partners acquired 4400 Diplomacy Road, a 120,000-square-foot distribution building in CentrePort Business Park near the D-FW International Airport. Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke and Madeleine Supplee represented the seller. The Stonelake Capital Partners team of Coleman Brown, Michael Massad, Will Thomas and Keontae Burns oversaw the acquisition.

• IPA Capital Markets arranged $37M in financing for Dane Park, a luxury, 392-unit multi-family property in Grapevine. Brian Eisendrath and Cameron Chalfant of IPA Capital Markets secured the financing for a private investor. 

• Vista Property Company bought Kohl‘s-anchored Lake Worth Marketplace, a 200,000-square-foot strip mall at 6034 Azle Avenue in Lake Worth. JLL represented the seller. Barry Brown, Chris Gerard, Erin Lazarus, Keenan Ryan and Ben Pollack negotiated the deal.

• A vacant property in west Fort Worth will be transformed into a three-story office building. An $8 million, 29,000-square-foot structure at 5401 Birchman Ave. is a development of Muse Capital, a real estate company based in Wichita Falls, according to a filing with the state. The project holder's name is Birchman Office Development. Joseph A. Ross of Wichita Falls is the architect of record. Construction is slated to begin May 6 and be completed by May 25, 2025.

Announcements:

• Presbyterian Night Shelter: Promotes Brenda Rios to Chief Philanthropy Officer.

• Dallas Business Journal: Hires Seth Bodine as Economic Development Reporter covering Tarrant County.

• Community Storehouse: Names Erin Rahr Director of Development. 

• Carter, Crawford & Durbin: Promotes Kim Lawson Turner to Chief People Officer.

• Bagshahi Bariatric and General Surgery: Adds Dr. Laura Lyn Gallagher, D.O.

• North Texas Council of Governments: Adds Paula Baucum to Board of Area Committee on Aging.

• Texas Bar Foundation: Selects Steven Laird of Laird & McCloskey as Lola Wright Foundation Award winner (ethics) for 2024.

Last poll results: Overall, college enrollment in the U.S. is declining. In your opinion, what is the main reason? Answers: Too expensive (50%), There are better post-grad opportunities (14%), More teens are entering the workforce (1%), all of above (31%), and Unsure (3%).