Ethics Explorer A Guide to the Financial Interests of Elected Officials

Rep. Pat Fallon District 106 (R-Frisco)

Industry
Business Executive, Real Estate
Education
B.A., The University of Notre Dame
Spouse
Susan
Committees
  • Culture, Recreation & Tourism
  • Elections
Financial Statements

Sources of Income

  • Fallon is the president and CEO of Virtus Apparel, a military-themed clothing line.

  • He is a real estate investor and operates rental homes and warehouses in South Carolina, Florida, Delaware, Massachusetts and Texas.

  • He owns a variety of bonds in school districts and infrastructure projects in Texas and elsewhere, and has investments in a number of mutual funds. 

  • Fallon owns stock in General Electric, Reynolds American, Microsoft Corp., Target Corp., EWC, IOO, EEMV, VNQI, BPL, DPM, EFD, OKS, PAA, KKR 71co69993 Direct Lending, and Carlyle US Realty VII Trust.

  • He has interests in Buckeye Partners LP, Enterprise Products Partners LP and Plains All American Pipeline LP, all of Houston, as well as DCP Midstream Partners of Denver, ONEOK Partners LP of Tulsa, Fort Wood Trees of Flower Mound, and a number of clothing-related companies.

Property

  • Four residential rental properties in Denton and Collin counties valued at a total of $2,545,500. 

Analysis

None