At least some of those loans are tied to World Class properties in Austin, including the former 3M campus in Northwest Austin and a property at the MetCenter business park. Paul will be released subject to conditions. An arraignment has been set for June 15 at 11 a.m.
BREAKING: Nate Paul’s initial hearing in United States of America vs. Natin Paul is over. He is being charged with 8 counts, related to false statements made to credit unions and mortgage lenders. More to come @MyABJ
Paul, the founder of World Class Holdings, was booked June 8 in Travis County. He stands accused of vastly overstating cash balances to financial institutions related to multimillion-dollar loans. The Feds are seeking forfeiture of properties/money judgment of $172M
BREAKING: A PIO with the Travis County Sheriff’s Office just confirmed to me that embattled Austin real estate investor Nate Paul was booked in Travis County Jail today at 4:25 p.m. He’s in on a federal warrant, according to the source.
NEW ($): @TexasLonghorns athletes earned at least $10M in the first 21 months of NIL - a figure that some say is tops among all universities. A @MyABJ deep-dive on how local businesses and athletes are cashing in on what's already become a $1B industry. https://t.co/YKsQ7NCnxm
My brother Brad’s life’s work was in higher education. His colleagues set up a GoFundMe for his kids’ college fund. It’s an incredible gesture and I can think of no better way to honor my brother. https://t.co/wcfxfpJfxr
Don't miss out on this great article where @Jac_Samira tells how overcame self-doubt to become the CEO of Howdy, a startup that's changing the game for remote work and software development. https://t.co/fSw9fY0Sde
Thanks, @MyABJ and @pthompsonATX for this great story! 📝
What @pthompsonATX and I also found is the project spans to another property a couple miles away known as "Emerald Island," billed as a combination of Disney World, Las Vegas and Venice, Italy. https://t.co/UdWRYId9qW
So excited to see this exclusive story from @pthompsonATX at @MyABJ go live! If you have some time, recommend reading this and learning more about @hurrayforhowdy's recent Series A extension + rebrand
https://t.co/JJF8dGCH5e
#BREAKING: Plans for a massive eight-phased Micron fabrication facility near Lockhart with a minimum investment of $80B have been revealed in incentives applications. We'll be updating this story here. https://t.co/P8WknM1Zrx via @MyABJ
Giants of real estate and tech are pulled to Hutto by a "strong workforce, prime location and pro-growth mindset."
Here is the story from @_JustinSayers:
https://t.co/m43Cj4aGIT
"It's really much more woven into the fabric of who we are as an economy and people don't realize that."
New fabs have ripple effects far beyond their own walls, creating hundreds of jobs and millions of dollars in investment.
My latest for @myabj: https://t.co/HL6TrpkiDn
Designed by Basel, Switzerland-based architecture firm Herzog & de Meuron, and with participation from construction firm Flintco, the project includes plans to preserve the facades of historic buildings at 1124 and 1116 W. Sixth St.
https://t.co/oVqyobGrCQ
Check out this thread (and story) from @_JustinSayers, who eloquently breaks down a flurry of filings from @Samsung that offer a blueprint for hundreds of billions of dollars of potential investment in Central Texas.
By our @myabj calculations, Samsung would save about $4.8 billion on its property taxes over the course of the agreements. https://t.co/MD7v02ZJ8o (h/t @pthompsonATX)
Tesla has filed a site plan application for "industrial use facilities with associated improvements" on 68 acres next to its Austin gigafactory.
@pthompsonATX has the story.
https://t.co/Xb2SRlDJUT
#BREAKING: We'll be updating this story, but documents released today show that Samsung is seeking incentives for an additional $192.1 billion in capital investment in Austin, which would be one of, if not the largest, eco dev projects in U.S. history. https://t.co/MD7v02ZJ8o