Craig Cavileer led the development as executive vice president of California-based Majestic Realty Co. starting in 2014.
Craig Cavileer led the development as executive vice president of California-based Majestic Realty Co. starting in 2014.
Craig Cavileer led the development as executive vice president of California-based Majestic Realty Co. starting in 2014.
FORT WORTH, Texas — This article was originally published by our content partners at the Dallas Business Journal. You can read the original article here.
A former executive at a company that led new developments at Fort Worth’s Stockyards, Craig Cavileer, has left the project as he becomes embroiled in a legal battle with his former company.
Cavileer led the development as executive vice president of California-based Majestic Realty Co. starting in 2014, adding the popular Mule Alley and Hotel Drover, in partnership with Hickman Cos. and retail partner M2G Ventures. Cavileer was positioned to lead another major expansion, which would add 300,000 square feet of commercial space to the area. Now, Cavileer appears to be out of the picture as a legal battle ensues.
Meanwhile, Majestic appointed a new leader to oversee the stockyards, including its major expansion.
Majestic Realty filed a lawsuit in December alleging Cavileer failed to pay back loans and breached a contract. Majestic is seeking nearly $76 million plus any additional interest, according to a legal document filed in January. Cavileer has denied the allegations in court documents filed April 15. A jury trial is scheduled Oct. 26, 2026 at a California court.
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