Dallas oil investor Mike Terry now seeks to tap potential of Cafe ...

Dallas oil investor Mike Terry now seeks to tap potential of Cafe Express chain

Staff Photographer Mike Terry, oil investor, son of a Terminix franchisee and the newest owner of the Cafe Express chain, is still just trying to work out the bugs of the restaurant business. He admittedly started the first two ventures — taking over his father’s pest control franchise and later drilling for oil with Chief Oil & Gas founder Trevor Rees-Jones — without “knowing a whole lot what I was doing.” This time, as he tries to resurrect a restaurant chain that’s largely been in mothballs for more than 10 years, he’s relying in part on guidance from some local industry experts and in part on skills he learned decades… Read More

Continue Reading
Benefits of Renting Versus Owning an Apartment in North Dallas ...

WildHorse Resource Development Corporation Announces Divestment of North Louisiana Assets and Acquisition of Lee County Properties – Dallas Business Journal

HOUSTON–(BUSINESS WIRE) WildHorse Resource Development Corporation (NYSE:WRD) announced today that it has executed a definitive purchase and sale agreement to divest its North Louisiana assets to a third party for consideration of approximately $217 million, subject to customary purchase price adjustments. Additionally, WRD could receive contingent payments of up to $35 million based on the number of wells spud by the buyer on the North Louisiana assets over the next four years. This transaction, which is subject to customary closing conditions, is expected to close on or about March 30, 2018 and has an effective date of January 1, 2018 WRD’s North Louisiana assets are primarily located in Webster, Claiborne,… Read More

Continue Reading

Texas housing market finally sees increase in inventory — even Dallas

For the first time since 2011, housing inventory is up across Texas. The story right now in the Texas housing market: quarterly gains in inventory for the first time in three years, according to the latest report from the Texas Association of Realtors. Because of a housing shortage in 2014, Texas has not seen the double-digit home sales growth it did last year — but it certainly saw increases in home prices. “This new increase in inventory is promising,” said Dan Hatfield, chairman of the Texas Association of Realtors, in a release. “However, home sales volume continues to keep pace with 2013 — the second-best year ever for Texas real… Read More

Continue Reading