Business

 

 

Mortgage Firm Supreme Lending Announces Chief Information Officer

by | Dec 11, 2022

Supreme Lending announced it has appointed Baiju Thakkar chief information officer of the Dallas-based full-service mortgage lender.

Thakkar brings nearly 25 years of IT leadership, knowledge, and experience to the role, in which he will be instrumental in developing, engineering, and implementing innovative, efficient technology initiatives to support the company’s growth....

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Fountain Life Opens AI-Powered Diagnostic Center at Grandscape in The Colony
by | Dec 9, 2022

Florida-based Fountain Life, a preventative health and longevity company committed to transforming global healthcare from reactive to proactive, has opened its third precision diagnostic center in The Colony....

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Innovative Educator and CCBA Leadership Award Winner Michael Sorrell Has a Simple Request: ‘Please Say Yes’
by | Dec 9, 2022
Paul Quinn College President Michael Sorrell has a vision for a global network of Urban Work Colleges that take aim at intergenerational poverty and "smash it." The first one opened in Plano in 2018.

Accepting a leadership award from the Collin County Business Alliance, Sorrell asked his staff and students to stand up. Why? Because "they're going to come see you and talk to you about hiring students to work at your companies," Sorrell told the audience filled with local business leaders. "And I want everyone to practice this with me: 'Yes.'
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Aiden Technologies Adds 5 to its Board of Advisers
by | Dec 9, 2022

McKinney-based Aiden Technologies has added five industry leaders to its board of advisers, bringing with them expertise in a variety of fields including finance, risk mitigation, insurance, legal, cybersecurity, data privacy, and management of high-growth companies.

Aiden is a provider of modern, intelligent software packaging and deployment for Microsoft Windows.

Aiden’s new board members include:

  • Adam Abresch, CIC, CLCS, CCIC, is the National Cyber Risk Practice Leader at Acrisure, one of the world’s largest insurance brokerages, and he is widely respected as an expert in cyber security and digital risk mitigation.
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Tax Software Giant Ryan Acquires Consulting Firm Kane, McKenna and Associates

by | Dec 9, 2022

Dallas-based global tax services and software provider Ryan has acquired Kane, McKenna, and Associates Inc., a specialized consulting firm focused on delivering economic development solutions and providing municipal financing strategies for development projects.

Ryan said that the strategic acquisition will further strengthen its expertise in tax increment financing and expand the service offerings in the Firm’s Credits and Incentives practice....

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Lincoln Rackhouse Adds 2 Industry Vets to Leadership Team
by | Dec 9, 2022

Lincoln Rackhouse, the Dallas-based data center division of Lincoln Property Co., announced it added two industry veterans to its leadership team.

John Greenwood will be senior vice president, corporate strategy....

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North Texas Commercial Real Estate Hall of Fame To Induct 2 Visionaries in 2023
by | Dec 9, 2022

The North Texas Commercial Real Estate Hall of Fame will welcome two visionaries in 2023, Ray W. Washburne, president of Highland Park Village, and Rex Glendenning, founder and owner of Rex Real Estate.

Former Fort Worth Mayor Betsy Price will receive the Industry Service Award for her contributions advancing the commercial real estate industry through her efforts in economic development, mobility, infrastructure and private-public partnerships....

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The Last Word: UTD’s Dr. Amy Pinkham on Heading a Global Initiative to Standardize Schizophrenia Assessment
Dr. Amy Pinkham of UTD’s School of Behavioral and Brain Sciences received an award for outstanding research on social cognition. The award puts her group at the forefront of research in the field, the professor said. The work could be applicable for many disorders, including autism and mood and anxiety disorders.
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Comerica Bank Is Creating a ‘BusinessHQ’ Collaborative Space for Small Businesses in Southern Dallas

Southern Dallas small business owners are about to get a new space to connect, collaborate, and help grow their companies.  Comerica Bank is transforming the first floor of its R.L. Thornton location into Comerica BusinessHQ—an 8,000-SF collaborative space offering a mix of coworking spaces, incubation fellowships, and technical assistance. The center will address three big needs: "capital, cultivation, and connectivity."
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AllOY Reveals Design of Its First Electric-Powered Autonomous Recreational Boat
by | Dec 8, 2022
The Dallas-based marine tech startup will take preorders in 2023 and set sail with production boats in 2024. Warbird Holdings CEO John Dorton—a veteran in both boat building and leadership—is joining the startup’s board to help AllOY make waves in the $57 billion recreational boat market.  AllOY emerged from stealth this summer to bring electric power and autonomous tech to boating.
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ExxonMobil Touts Corporate Plan That Includes $17B Lower Emissions Investment
by | Dec 8, 2022
In its newly released five-year plan, Irving-based ExxonMobil said that it has allocated roughly $17 billion on its own emission reductions and accretive third-party lower-emission initiatives through 2027, an increase of almost 15%. Nearly 40% of these investments is directed toward building its lower-emissions business with customers to reduce their greenhouse gas emissions with a primary emphasis on large-scale carbon capture and storage, biofuels, and hydrogen.
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LERMA/ Agency Is Doubling Its Footprint in Dallas’ West End
The Dallas-based agency was founded by Pedro Lerma with a focus on "omniculturalism" and a belief that it can affect culture positively "by reflecting the culture of the world around us." The agency is occupying a second full floor at The Luminary building in the West End Innovation District, doubling its footprint in one year.
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The Last Word: Goldman Sachs CEO David Solomon on Plans to Tap Young Talent at New $500M+ Dallas Job Hub

by | Dec 8, 2022
Addressing an audience of around 800 at the American Airlines Center, Solomon talked about the $500 million-plus, 900,000-square-foot employment center his firm is building north of downtown Dallas—part of a planned 11-acre project from Dallas' Hunt Realty. And more importantly, he spoke about the North Texans he hopes to attract to it.
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Fort Worth’s M2G Ventures Raises Over $700,000 for Depression Research
by | Dec 7, 2022
Dr. Madhukar Trivedi is founding director of UT Southwestern Medical Center's Center for Depression Research and Clinical Care. The real estate firm said it reached 70% of its $1 million goal in its third year of fundraising. The real estate and development firm raised more than $260,000 at its third annual fundraising gala, Art of the Mind, benefitting UT Southwestern Medical Center's Center for Depression Research and Clinical Care.
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Bank of America Adds Managing Director, Family Office Strategist
by | Dec 7, 2022
In the newly created role, Harsh Agarwal will deliver family office solutions to ultra-high-net-worth families in partnership with private bank-private client advisors and client teams.
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Delicious Deal: Hillwood Brings Läderach Chocolatier Suisse to Distribution Center in AllianceTexas
by | Dec 7, 2022
Hillwood's latest real estate deal is set to sweeten North Texas and beyond. Läderach Chocolatier Suisse, a 60-year-old family-owned premium Swiss chocolate company, will expand to AllianceTexas for their U.S. distribution center—allowing them to bring delicious freshness directly from Switzerland into retail stores across America. 

Premium chocolates have one of the highest speed-to-market demands in the food and beverage industry, and Hillwood's Samuel Rhea says the deal gives "one of the world’s best chocolatiers" easy access to the unique multi-modal logistics platforms at AllianceTexas.
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