🔑Woodhaven apartments sold; Arlington gets headquarters move; Forging ahead without Schwab.

Westlake-based Charles Schwab has agreed to sell its recently obtained Forge Trust, a self-directed IRA custodian, to Alto, a tech-led platform connecting retirement accounts with private markets. The transaction needs approval by the South Dakota Division of Banking. The combination will create one of the largest independent, self-directed retirement investment platforms in the U.S with more than $20B in assets under custody and administration, more than 60,000 self-directed IRA accounts.

Energy Transfer LP, led by Chairman Kelcy Warren, has agreed to buy Vaquero Midstream in a $2.6 billion cash-and-stock deal. Vaquero operates about 300 miles of pipelines and a natural gas processing network in the Delaware Basin, which enlarges Dallas-based Energy Transfer's presence in the Permian Basin. The deal includes $1.95 billion in cash and about 33.3 million of newly issued Energy Transfer shares, and is expected to close in the fourth quarter.

Marcus & Millichap’s Fort Worth office announced the sale of Trinity Heights, a 316-unit, multi-family property at 6501 Boca Raton Blvd. in the Woodhaven area of Fort Worth. Al Silva, an executive managing director-investments and Ford Braly, managing director-investments, represented the seller, a Dallas-based investment company, and procured the buyer, NeuRock Capital. Built in 1985, Trinity Heights is a gated-entry, 25-building property with indoor and outdoor swimming pools, a fitness center, laundry facilities and a playground. 

Mansfield-based TA Services, a division of PS Logistics, has acquired the assets and operations of Carmen Pacheco Transportation and Interload Forwarding. Both are family-owned transportation and logistics businesses serving customers across North America. The acquisition expands TA's cross-border transportation and warehousing capabilities and strengthens its presence in two key Texas border markets: El Paso and Laredo.

Australia-based Advanced Composite Structures — a manufacturer of advanced composite materials for defense and aerospace companies — is coming to Arlington. ACS is taking approximately 40,000 square feet near Arlington Municipal Airport for manufacturing operations and headquarters offices. According to the Arlington Economic Development Corp., ACS will invest $4.25 million and the EDC will reimburse ACS up to $1.2 million for qualified facility improvements.

Last month, we wrote about Wills + Martin in our print publication. Elizabeth Martin is the daughter of O.B. Macaroni, 1899 founder of the macaroni company in Fort Worth. Coincidentally, the Fort Worth Report reported the company was acquired last week by the McLane Group, a private Temple, Tx. company that has grown into one of the largest global distributors thanks to founder and chairman Drayton McLane Jr.’s former partnership with Walmart. O.B. Macaroni is widely sold at grocers such as H-E-B and Kroger. 

Tarleton State University and Catholic Charities Fort Worth agreed to a shared commitment to remove barriers that prevent students from completing their education and reaching their full potential. Stay the Course, CCFW's evidence-based student success model, is at the core of the partnership. It is built on the belief that education is one of the most powerful pathways out of poverty.

A lucky Haltom City resident claimed a $2 million Texas Lottery prize after buying the scratch ticket at Nick's Corner Mart, 2300 S. Collins St., Arlington.

Tomorrow, M.L. Leddy’s and the Franklin family, in partnership with Parking Systems of America, will break ground on a $14-million, 4.5-story parking garage at Ellis Avenue and 25th Street in the Fort Worth Stockyards. The garage, with approximately 246 parking spaces, will replace an existing surface lot adjacent to M.L. Leddy’s.

Ryan Cohen, CEO of Grapevine-based GameStop tells Business Insider his best and worst investments have to do with people, not money. Cohen, also a co-founder of Chewy, said nothing has yielded a greater return for him than spending "time with my dad."

LanCarte Commercial completed the lease of approximately 46,800 square feet on 4.4 acres at 921 East Waggoman St. in Fort Worth. The firm, led by Sarah LanCarte and Finn Wilson, represented the landlord, Vision BPRE, and the tenant, American Completion Tools, which has a location in Burleson but needed more space quickly.

Hall of Fame college football coach Dennis Franchione has died at 75. Franchione spent three seasons at TCU (1998-2000) before leaving to coach Alabama. Franchione took the Horned Frogs to three bowl games while winning two Western Athletic Conference championships. Notably, Franchione brought Gary Patterson to Fort Worth as his defensive coordinator and Patterson was his replacement. 

Arlington's Public Works Department has launched a Traffic Management Center located at the Municipal Office Tower. The TMC will enable better management of traffic flow and weather conditions.

Caring Senior Service, a non-medical, personalized home care services company, has opened in Saginaw led by retired Army veteran Marquita Foxworth. Her interest grew from a veterans' group she helped establish that regularly visited hospitals and rehabilitation centers. 

Double-haters? According to a Wall Street Journal poll, 21% of voters hold an unfavorable view of both political parties. That compares with 13% in the 2022 mid-terms and about 12% in the past two presidential elections.

Believe it or not: A Georgia man was arrested after allegedly faking a medical emergency and calling 911 to skip out on his Red Lobster bill.

Snippets:

• Jim Bakker, who along with his first wife, Tammy Faye, built an evangelical empire around the hugely successful “The PTL Club” TV show, has died. He was 86.

• The Oct. 24th Arts Goggle on Magnolia Avenue is your last chance to celebrate the creatives before an approximate 2-year hiatus for road construction.

• A consumer lawsuit accuses Starbucks of mis-labeling eight protein drinks as "sugar free" when they may actually contain more sugar than a Reese's peanut butter cup.

• Fort Worth Municipal Court changes its operating hours, moves to virtual-only services on Fridays to re-align resources.

• Fort Worth's Lone Star Film Festival has announced additional feature films and activities for Nov. 4-11.

Today in history: 1983 = Never Say Never Again opened in U.S. theaters, bringing Sean Connery back as James Bond 12 years after his previous turn as 007. The movie debuted at No. 1 at the domestic box office and took its tongue-in-cheek title from Connery’s earlier declaration that he would never play Bond again

Daily digit: 19 pounds = Average amount of ice cream per person each year consumed by Americans, fueling a $7.5 billion industry.

Announcements:

• Beyond Retail Group: Hires Susan Rodgers as Chief Marketing Officer for the group, which includes Bed Bath & Beyond, Buy Buy Baby, Overstock, The Container Store and Kirkland’s. 

• Coltala Aerospace: Hires Suresh Narayanan as Chief Commercial Officer. 

• Center for Transforming Lives: Adds to its Board of Directors — Daniel E. Berce, retired, GM Financial; Dr. Stacy Grau, Texas Christian University; Amy Knight, Cook Children’s Health Care System; Marti Lowe, Bank of America; Dr. Karen Molinar, REV Partnership; and Glen Whitley, retired, Tarrant County Judge.

• Rally Department: Hires Kendra Sheehan as Communications Director, Sarah Rudolph as Social Media Manager, Ella Thompson as Account Coordinator and Erica Mariae Poquiz as Accountant. 

• Fort Worth Youth Orchestra: Hires Meryl Gunter as Senior Manager of Institutional Giving.

• The Multicultural Alliance: Honors State Representative Salman Bhojani with its Annual Award, and former Texas State Senator Beverly Powell with its Lifetime Achievement Award. The awards will be presented at a dinner in February.

• First Command Financial Services: Names Sirrod Garrett Vice President, Deputy Chief Compliance Officer. 

• Susser Bank: Hires Sally Moller as Head of Credit Underwriting and Talent Development. 

• Investor Bank: Hires David Fricke as Director of Specialty Finance. 

• JLL: Promotes Bill Tyler to Head of Strategic Pricing.

• Kimley-Horn: Promotes John Ainsworth to Vice President. 

• TCU: Yohna J. Chambers-Hastings is retiring as the university’s Vice Chancellor & Chief Human Resources Officer. 

• TCU Legacy Frogs: Names Jhett Gordon co-Creative Director. 

• Layne Glass Co.: Promotes Kyle Witherspoon to Chief Operating Officer.

• Civitas Senior Living: Promotes Anthony Ormsbee-Hale to Executive Vice President of Operations. 

• Dallas Morning News: Hires Jeff Schnick as Business Editor. 

• Breakthrough T1D North Texas: Hires Lindsay Pittard as Executive Director for D-FW and Oklahoma chapters. 

• 1O Federal: Names Geoff Hayth President and Chief Customer Experience Officer; Beau Agnello Chief Operating Officer; and Brian Oakley Chief Technology Officer. 

• Stampede Distribution: Hires Jessica Walker as Territory Manager.

• Crowley ISD: Superintendent Michael McFarland, who has led the district for nearly a decade, says this school year is his last.

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